{"id":10790,"date":"2015-06-18T01:01:25","date_gmt":"2015-06-18T05:01:25","guid":{"rendered":"http:\/\/hobbyspace.com\/Blog\/?p=10790"},"modified":"2015-06-18T01:02:27","modified_gmt":"2015-06-18T05:02:27","slug":"scitech-martin-jetpack-moves-towards-production-with-four-deals-signed-at-paris-airshow","status":"publish","type":"post","link":"https:\/\/hobbyspace.com\/Blog\/?p=10790","title":{"rendered":"SciTech: Martin Jetpack moves towards production with four deals signed at Paris Airshow"},"content":{"rendered":"<p>I&#8217;ve occasionally posted here over the years about the <a href=\"http:\/\/www.martinjetpack.com\/\" target=\"_blank\">Martin Jetpack<\/a>\u00a0company\u00a0in New Zealand. The company has grown from a garage project into a company now valued at around $250M on the NZ stock exchange. The Jetpack, which actually flies via gasoline engine driven twin ducted fans, will go on sale in 2016 starting with a focus on\u00a0the emergency first responder market.<\/p>\n<p><a href=\"http:\/\/www.martinjetpack.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"10791\" data-permalink=\"https:\/\/hobbyspace.com\/Blog\/?attachment_id=10791\" data-orig-file=\"https:\/\/hobbyspace.com\/Blog\/wp-content\/uploads\/2015\/06\/phoca_thumb_l_unknown-61.jpg\" data-orig-size=\"639,426\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"phoca_thumb_l_unknown-6[1]\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/hobbyspace.com\/Blog\/wp-content\/uploads\/2015\/06\/phoca_thumb_l_unknown-61.jpg\" class=\"aligncenter size-medium wp-image-10791\" src=\"http:\/\/hobbyspace.com\/Blog\/wp-content\/uploads\/2015\/06\/phoca_thumb_l_unknown-61-300x200.jpg\" alt=\"phoca_thumb_l_unknown-6[1]\" width=\"300\" height=\"200\" srcset=\"https:\/\/hobbyspace.com\/Blog\/wp-content\/uploads\/2015\/06\/phoca_thumb_l_unknown-61-300x200.jpg 300w, https:\/\/hobbyspace.com\/Blog\/wp-content\/uploads\/2015\/06\/phoca_thumb_l_unknown-61.jpg 639w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>This week at the Paris Airshow, the company announced the signing of four different agreements:<\/p>\n<ul>\n<li><a href=\"http:\/\/www.martinjetpack.com\/news\/192-success-in-paris\" target=\"_d\">Success in Paris! &#8211; Martin Aircraft<\/a><\/li>\n<li><a href=\"http:\/\/nextbigfuture.com\/2015\/06\/martin-aircraft-has-over-40-million-in.html\" target=\"_d\">Martin Aircraft has over $40 million in jetpack deals &#8211; Next Big Future<\/a><\/li>\n<\/ul>\n<p>The agreements include:<\/p>\n<ul>\n<li><em>An agreement with Beijing Flying Man Science &amp; Technology Ltd involves the parties working towards the future delivery of a Martin Aircraft package with an initial tranche of 100 manned Jetpacks, 50 unmanned Jetpacks, 25 static models and 25 simulators. It is noted that at this stage the agreement is a strategic co-operation agreement and any sales are dependent upon a successful supply agreement.<\/em><\/li>\n<li><em>An agreement with Beijing Voyage Investment Ltd a subsidiary company of well-known Chinese-based AVIC International Holdings Ltd for the intended future delivery of manned and unmanned Jetpacks, simulators, and static models.<\/em><\/li>\n<li><em>An alliance agreement with Czech Republic-based Martin Aircraft Company s.r.o. to establish a European sales centre for the Martin Jetpack.<\/em><\/li>\n<li><em>An alliance agreement with New Delhi based M2K Group Ltd to establish a regional sales presents in commercially important India market.<\/em><\/li>\n<\/ul>\n<p style=\"padding-left: 30px;\"><em>The signing ceremony was witnessed by senior government representatives of New Zealand, China, India and the Czech Republic, along with the Chair of Martin Aircraft, Mr Jon Mayson, Chairman of KuangChi Science and Martin Aircraft Director Dr Ruopeng Liu, and Chief Executive Officer\/Managing Director of Martin Aircraft, Mr Peter Coker.<\/em><\/p>\n<p>Here is a promotional video from the company highlighting the use of the Jetpack for emergency services:<\/p>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"1600\" height=\"900\" src=\"https:\/\/www.youtube.com\/embed\/i8gncCih7Js?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n<p>And this video gives the story of how the company raised money and eventually had a successful IPO:<\/p>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"1600\" height=\"900\" src=\"https:\/\/www.youtube.com\/embed\/FbvWdDSx8aM?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve occasionally posted here over the years about the Martin Jetpack\u00a0company\u00a0in New Zealand. The company has grown from a garage project into a company now valued at around $250M on the NZ stock exchange. The Jetpack, which actually flies via gasoline engine driven twin ducted fans, will go on sale in 2016 starting with a &hellip; <a href=\"https:\/\/hobbyspace.com\/Blog\/?p=10790\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">SciTech: Martin Jetpack moves towards production with four deals signed at Paris Airshow<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-10790","post","type-post","status-publish","format-standard","hentry","category-science-and-technology"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p34aWK-2O2","jetpack-related-posts":[{"id":9991,"url":"https:\/\/hobbyspace.com\/Blog\/?p=9991","url_meta":{"origin":10790,"position":0},"title":"Sci-Tech: Martin Jetpack has IPO on Australian stock market","author":"TopSpacer","date":"February 25, 2015","format":false,"excerpt":"Over the years I've occasionally posted about\u00a0The Martin Jetpack\u00a0in development in New Zealand. (See, for example, here and here.) \u00a0Hardware development has progressed steadily if not exceptionally fast. They plan to begin selling vehicles in the second half of 2016. Initially they will sell to emergency service providers and then\u2026","rel":"","context":"In &quot;Science and Technology&quot;","block_context":{"text":"Science and Technology","link":"https:\/\/hobbyspace.com\/Blog\/?cat=9"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/8ii__3Pt5hY\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11705,"url":"https:\/\/hobbyspace.com\/Blog\/?p=11705","url_meta":{"origin":10790,"position":1},"title":"Sci-Tech: Videos &#8211; JetPack Aviation demos new JB-9 in NYC + Two Jetmen fly with A380 + Martin Jetpack update","author":"TopSpacer","date":"November 5, 2015","format":false,"excerpt":"JetPack Aviation\u00a0is developing a dual jet turbine powered backpack that will keep a person aloft for up to 10 minutes (vs 30 seconds or so from traditional H2O2 powered rocket packs). Here is a recent demo of their latest model:\u00a0The World's Only Jetpack Soars Past the Statue of Liberty New\u2026","rel":"","context":"In &quot;Science and Technology&quot;","block_context":{"text":"Science and Technology","link":"https:\/\/hobbyspace.com\/Blog\/?cat=9"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/gCYSWyHDpfU\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4364,"url":"https:\/\/hobbyspace.com\/Blog\/?p=4364","url_meta":{"origin":10790,"position":2},"title":"Sci-Tech: Martin Jetpack update","author":"TopSpacer","date":"September 8, 2013","format":false,"excerpt":"I recently posted about the new version of the Martin Jetpack (more specifically, a dual ducted fan personal vertical takeoff and landing vehicle). AvWeek writes about it in their latest issue: Jetpack Moves a Step Closer to Reality - Aviation Week Here is a new post on the\u00a0Martin Jetpack blog:\u2026","rel":"","context":"In &quot;Science and Technology&quot;","block_context":{"text":"Science and Technology","link":"https:\/\/hobbyspace.com\/Blog\/?cat=9"},"img":{"alt_text":"homep12[1]","src":"https:\/\/i0.wp.com\/hobbyspace.com\/Blog\/wp-content\/uploads\/2013\/08\/homep121.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12930,"url":"https:\/\/hobbyspace.com\/Blog\/?p=12930","url_meta":{"origin":10790,"position":3},"title":"Sci-Tech: The Martin Jetpack at the golf course and beyond","author":"TopSpacer","date":"July 22, 2016","format":false,"excerpt":"Over the years I've posted several times\u00a0about the Martin Jetpack\u00a0in development in New Zealand. The vehicle is now going into production and the company is hoping to find markets in a number of different areas. Bubba Watson's suggestion of a Jet Pack\u00a0golf cart\u00a0is tongue-in-cheek but it does inspire thoughts of\u2026","rel":"","context":"In &quot;Science and Technology&quot;","block_context":{"text":"Science and Technology","link":"https:\/\/hobbyspace.com\/Blog\/?cat=9"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/tpEkN1NdjKU\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3943,"url":"https:\/\/hobbyspace.com\/Blog\/?p=3943","url_meta":{"origin":10790,"position":4},"title":"Sci-Tech: Martin Jetpack to begin manned flight tests","author":"TopSpacer","date":"August 13, 2013","format":false,"excerpt":"Martin Jetpack of New Zealand has gotten permission there to begin manned flight tests of their dual ducted fan personal vertical takeoff and landing vehicle: Personal jetpack gets Civil Aviation Authority approval - TVNZ -\u00a0 incl. news video Personal jetpack gets flight permit for manned test - AFP\/Phys.org The new\u2026","rel":"","context":"In &quot;Science and Technology&quot;","block_context":{"text":"Science and Technology","link":"https:\/\/hobbyspace.com\/Blog\/?cat=9"},"img":{"alt_text":"homep12[1]","src":"https:\/\/i0.wp.com\/hobbyspace.com\/Blog\/wp-content\/uploads\/2013\/08\/homep121.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":16108,"url":"https:\/\/hobbyspace.com\/Blog\/?p=16108","url_meta":{"origin":10790,"position":5},"title":"Sci-Tech videos: Updates on Martin Jetpack and Urban Aero + A hydrofoil vehicle for Uber on water","author":"TopSpacer","date":"May 29, 2018","format":false,"excerpt":"New transport for air and water: ** Martin Jetpack - Been awhile since I posted videos of the New Zealand company's one person Vertical Takeoff and Landing with a ducted fan design https:\/\/youtu.be\/NZ9Nw9T85wA According to the 2017 annual report (pdf), the current engine requires more maintenance and has a shorter\u2026","rel":"","context":"In &quot;Science and Technology&quot;","block_context":{"text":"Science and Technology","link":"https:\/\/hobbyspace.com\/Blog\/?cat=9"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/NZ9Nw9T85wA\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts\/10790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10790"}],"version-history":[{"count":2,"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts\/10790\/revisions"}],"predecessor-version":[{"id":10793,"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=\/wp\/v2\/posts\/10790\/revisions\/10793"}],"wp:attachment":[{"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hobbyspace.com\/Blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}