Moller International Thursday announced a potential deal with Athena Technologies to "establish co-production" for its vertical takeoff and landing aircraft "in the US and the People's Republic of China," but questions remain. According to Moller, the deal will see the companies "jointly produce numerous models" of Moller's Skycar designs "by 2014" and is backed by an initial $80 million as part of a planned $480 million investment. The deal must now be approved by both parties, according to the news release. Moller's Skycar has been in development for decades. Athena may be just as interesting.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/moller-finds-more-money