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Title: Flying into the future: New Zealand company to make personal jet packs
Source:
Telegraph
URL Source: http://www.telegraph.co.uk/news/wor ... o-make-personal-jet-packs.html
Published: Feb 24, 2010
Author: Staff
Post Date: 2010-02-25 14:08:32 by Prefrontal Vortex
Keywords: None
Views: 33
Martin Aircraft Company, in Christchurch, New Zealand, aims to make 500 packs a year which will sell for around £50,000. The 200 horsepower dual-propeller packs are the brainchild of inventor Glenn Martin who unveiled his machine for the first time in July last year. Because it weighs less than 254 pounds (115kg) the jet pack does not require a pilot's licence. It is capable of travelling 30 miles in 30 minutes on a full tank of fuel. And recent tests have seen the newest model reach heights of up to 2,400 metres and top speeds of 60mph. But only now has sufficient investment been found for the company to begin production of the craft, which will also begin at an undisclosed site outside New Zealand. Martin Aircraft Company chief executive Richard Lauder said the pack could be perfect for the emergency services, private users and even the military. He said: "This could be life-saving stuff. "For us this is an excellent commercial step. Mr Lauder would not identify the partner other than to say it was an international aircraft company. The joint venture would be run through a newly created company. The aircraft company would have a controlling 51 per cent stake. Both Mr Lauder and jet pack inventor Glenn Martin would be directors of the new company. Flying into the future: New Zealand company to make personal jet packs
A company in New Zealand is to begin production of a commercial jet pack. 
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