Karem

  • Hanwha Invests in Karem Butterfly

    South Korean industrial giant Hanwha announced on July 11 that it was investing $25M in a spin-off from Karem Aircraft, Inc., dedicated to bringing its all-electric air taxi vehicle, Butterfly, to market. The Butterfly is being developed for Uber Elevate and uses Karem’s Optimum Speed Rotor technology to power a vectored-thrust vehicle with four large rotors mounted on the wings and tail. Butterfly’s large, slow-turning rotors provide efficient...

  • Press release: Karem Aircraft Launches New Air Taxi Company

    Press Release:

    Karem Aircraft Launches New Air Taxi Company with $25M Series A

    Lake Forest, Calif. – July 15, 2019 – Karem Aircraft, Inc, a Vertical Takeoff and Landing (VTOL) vehicle developer, has announced a new spin-off venture dedicated to bringing its all-electric air taxi vehicle, Butterfly, to market. The new company is backed by a $25M Series A...

  • Uber announces countries for next Elevate City

    Uber announces countries shortlisted to have first international Uber Air City

    Uber Elevate Press Release, Aug. 30, 2018

    Uber Elevate has announced five shortlisted finalist countries that could be home to the first international Uber Air City within the next five years. Additionally, Uber Elevate has announced plans to experiment with drone delivery for Uber Eats, and demonstrated how...

  • Uber Second Summit Summary

    Uber’s Second Annual Elevate Summit was held in Los Angeles, California, on May 8–9, the week before Forum 74, with about 1,000 attendees. Uber said that some 10,000 people live-streamed the event. (All of the press releases and links to the videos of most of the presentations and panels are available at www.evtol.news/uber.)

    Of note was the addition of Karem Aircraft to the group of five aircraft development partners: Karem...

  • Uber announces new partnerships and aircraft concepts at 2nd annual Elevate Summit

    On the first day of its second annual Elevate Summit, Uber unveiled a series of new advancements and partnerships that are helping launch the world’s first urban aviation network.

    Six months after announcing Los Angeles would be one of the first U.S. cities to launch uberAIR, the company reinforced its partnerships with key manufacturers and...

  • Uber signs Karem Aircraft to develop eVTOL

    As part of its second annual Elevate Summit, Uber and Karem Aircraft have formally announced a partnership to develop eVTOL technology. Abe Karem, Karem Aircraft’s Founder, is a pioneer in VTOL technology, with decades of experience designing flying concepts including the Predator drone and A160 Hummingbird. His newest invention — Butterfly —...

  • Karem Aircraft eVTOL Butterfly tiltrotor, USA.

    Karem Butterfly

    ButterflyKarem AircraftLake Forest, California, USAwww.karemaircraft.com

    Karem Aircraft was founded by Abe Karem in 2004. Ben Tigner is the current President and CEO of Karem Aircraft. Uber Elevate announced on May 8, 2018 that it was adding Karem Aircraft as one of its aircraft partners to design an electric vertical takeoff and landing (eVTOL) aircraft...