Transcend Air Taps IAI North America as Defense Partner
Transcend Air Corporation today announced that it has executed a Memorandum of Understanding (“MoU”) with IAI North America (IAI NA) to be its defense partner for the development of military applications of its Vy Family of high speed Vertical Takeoff and Landing (VTOL) aircraft powered by Sustainable Aviation Fuel (SAF).
- Transcend Air Corporation today announced that it has executed a Memorandum of Understanding (“MoU”) with IAI North America (IAI NA) to be its defense partner for the development of military applications of its Vy Family of high speed Vertical Takeoff and Landing (VTOL) aircraft powered by Sustainable Aviation Fuel (SAF).
- IAI NA is the U.S. subsidiary of Israel Aerospace Industries Ltd. (“IAI”), Israel’s largest aerospace and defense company.
- IAI NA is an ideal partner to help us militarize these aircraft for DoD customers.”
“We are excited to play a significant role in the next generation of vertical flight with Transcend Air,” commented IAI NA President and CEO, Stephen Elliott. - IAI NA will act as Transcend’s sole militarization partner and supplier of military analysis, design, fabrication, integration, sales, and support.