Originally Posted by
wrench1
Doubtful in a conventional sense as the HX is a very different investment type and overall project.
Where the Lilium and similar efforts have fell short has more to do with investment source and design. But while I’m sure there were a few “scams” out of the 100+ eVTOL start-ups a majority of the projects are/were an honest attempt to participate in the industry's next growth area: e-aviation. Like it or not it’s here to stay and if it follows the growth cycle of the civilian UAS market, it will be here sooner than later.
Scam v wishful (fantastical) thinking is a thin line. Right now all these technology demonstrations are very similar to biotech startups - they all ultimately need to be acquired by a third party who can provide funding to make it a viable business commercially. Today IMO there are zero that will make it simply because the market isn’t what they claim it to be. These are not focused upon the “e” but upon new rationale for aviation uses which are actually not new but old and discarded (city centre to city centre for example).