Martin Aircraft Company seeks vertical take off
Martin Aircraft Company seeks vertical take off NEW Zealand has pioneering roots in the Aviation Industry. Eight months before the Wright brothers famously recorded the first modern manned Flight at Kill Devil Hills, North Carolina, a farmer from South Carolina, Richard Pearse, was testing a rival mechanically powered flying contraption over his grassy paddocks. Foreign design also provided foundation for the nation’s commercial Aviation Industry, when it bought two of the first Aircraft ever built by Boeing. The coming listing of Martin Aircraft Company aims to write a new chapter for New Zealand’s Aviation Industry characterised by domestic innovation. The technology company is focused on developing and commercialising unique ultralight Aircraft. Its primary asset is intellectual property surrounding the Martin Jetpack, a one person, petroleum powered Aircraft capable of vertical take off and landing. The Martin Jetpack Technology has a development history spanning 30...