The End of Solotrek
bobetov writes "For those of us fed up with gravity and gridlock, the Solotrek XFV personal VTOL aircraft has been the real IT. A Segway is a nice scooter and all, but this thing can fly. But it all comes down to dollars in the end, and, with a recent test-flight accident and a missed milestone, Trek Aerospace is calling it quits."
"the civilian consumer pricing for SoloTrek XFV should be similar to that of a very high-end sports car."
Are we talking British/Italian high-end? As in very very six figure? Judging from the looks of the thing, I would appraise it at maybe $25,000, and that's only because I work in the car business and know how cheap a $25000 car really is.
vs. the Moller Skycar starting at half a mil (price of a Mclaren F1) and dropping over years to ~60k (price of a Cadillac Escalade).
So the two "vehicles" are about the same price, while one seems to vie for Segway marketshare- and looks flimsier- while the other looks like it came out of Star Wars and seeks to obsolete the Interstates. Given the difference in function and appearance, I think its obvious why one lost funding.
That and who wants to do any sustained flying in an unenclosed vehicle flying too low for a parachute to be effective?
If they could use them in some of the current roles of expensive to operate police or search helicopters, 5 million would be chump change.
One line blog. I hear that they're called Twitters now.