Airlander Assembly Complete - On Time and On Budget

  • Multi-use Cabin for trials and demonstrations revealed
  • Airlander 10 has ground-breaking use as an ultra-endurance comms and monitoring platform, for cargo without need for airports or other infrastructure and for tourism and leisure passenger flights – this Cabin will permit trials and demonstrations of all these roles
  • To satisfy demand for investing in the company, we announce the launch of a £500,000 equity crowdfunding round on Crowdcube – launched to shareholders today and to other Crowdcube participants on Tuesday 29 March
  • We announce the first of many sponsors of the Airlander, the world’s largest aircraft
Hybrid Air Vehicles is delighted to announce the completion of final assembly of the Airlander. Having formally kicked off the Return to Flight programme on 5 May 2015, we are pleased to announce that assembly of the Airlander is now complete, on time and on budget. We also reveal today the multi-use Cabin, which will permit demonstrations of the wide range of roles the Airlander can undertake, including surveillance, monitoring, communications, cargo and aid delivery, and passenger roles.

The Airlander now enters into a ground testing phase before roll-out of the Hangar and First Flight. "I’m extremely excited and looking forward to taking Airlander on what I’m sure will be a very successful First Flight," says Chief Test Pilot, David Burns. Hybrid Air Vehicles isn’t announcing a date for First Flight at this stage, and we will fly when the all ground testing is complete and Airlander is ready to fly. The First Flight will be from and to Cardington Air Field, near Bedford. The remainder of 2016 will see an extensive Flight Test Programme consisting of 200 hours of test flights over a number of months, then a series of trials and demonstrations with prospective customers.

We are proud to be a British company with 80% of our supply chain based in the UK. We are recognising that today with the launch of our involvement in the UK Government’s GREAT Britain Campaign. This is a global campaign to promote British excellence around the world and will help us to promote the Airlander to a truly global audience. "We are delighted to be part of the GREAT Britain Campaign. 80% of Airlander's supply chain is British. We are proud to be part of a number of British Companies highlighted by this campaign," says Hybrid Air Vehicles’ CEO Stephen McGlennan.

It’s also recognised by the suppliers who have gone the extra mile in supporting us and adding their logos to the Hull. Specifically, our Composite Partner Forward Composites has worked extensively with us on many aspects of the Aircraft and whose work is so evident today with the first public viewing of the Cabin. The technology they are developing in light weight, super strong composite materials is helping us to change the future of aircraft production. Other initial sponsors are AV Optics, BOC, Finmeccanica, Scotland Electronics and Vector Informatik GmbH.

On 5 May 2015, Hybrid Air Vehicles concluded a record-breaking £2.1million crowdfunding which together with a UK Government grant and an EU Horizon 2020 grant for highly innovative SMEs permitted us to achieve the following over the last 10 months: •Hiring almost 100 employees. HAV now have a workforce of 120 developing this exciting technology.
  • Securing many supply chain deals, spending over £6 million with suppliers, securing additional UK jobs and growth.
  • Assembling and documenting the build of the Airlander, in conjunction with the European Aviation regulators, EASA.
Subject to limited availability, Hybrid Air Vehicles will offer an opportunity immediately after Easter for a crowdfunding investment via the UK’s leading equity crowdfunding platform, Crowdcube.

Hybrid Air Vehicles’ existing shareholders include PLC Chairmen, Business Angels and Professional Investors. The company currently has around 1000 shareholders who collectively have invested over £17.5 million of equity and debt in the company since its formation in 2007. HAV has benefited from over £60 million of investment in the aircraft from the US Government and approximately £7 million of EU and UK Government grants.

Hybrid Air Vehicles has been awarded €2.5 million in funding from the EU's research and innovation programme, Horizon 2020. The Airlander project was selected for funding through a dedicated SME Instrument of Horizon 2020, which the European Commission uses to invest in and support high growth and highly innovative small businesses. The technology is also fully in line with activities under the Smart, Green and Integrated Transport Societal Challenge of Horizon 2020, which aims to boost the competitiveness of the European transport industries and achieve a European transport system that is resource-efficient, climate-and-environmentally-friendly, safe and seamless for the benefit of all citizens, the economy and society.

Airlanders are low noise, low pollution, and are environmentally-friendly. They have ultra-long endurance, and a point-to-point cargo-carrying capacity. They can take off and land in a short distance from unprepared sites in desert, ice, water, or open field environments.

Visit our home page to watch our BRAND NEW 3D video revealing how Airlanders utilise new aerospace technology that combines the best characteristics of fixed wing aircraft and helicopters with lighter-than-air technology, to create a new breed of hyper-efficient aircraft, with a significantly lower carbon footprint and operating cost than other forms of air transport.

About Hybrid Air Vehicles

Founded in 2007, Hybrid Air Vehicles is the company behind the innovative Airlander range of hybrid aircraft. They utilise new aerospace technology that combines the best of the characteristics of fixed wing aircraft and helicopters with lighter-than-air technology to create a new breed of hyper-efficient aircraft, with a significantly lower carbon footprint and operating cost than other forms of air transport.

The Airlander 10 is designed to stay airborne for up to five days at a time to fulfil a wide range of communication and survey roles, as well as cargo carrying and tourist passenger flights . 6

Hybrid Air Vehicles are in receipt of a £2.5 million InnovateUK grant in conjunction with 2 other UK aerospace SME’s (BBSR and Forward Composites) and the Universities of Cranfield, Liverpool and Sheffield. The remaining funding is from private individuals.

Currently, the only way for the general public to see the Airlander in the hangar is through our Airlander Club, which offers exclusive hard hat guided tours, regular insights though a monthly newsletter and other special benefits. Up until First Flight, £25 will buy a lifetime Founder Membership, after which time new memberships will become annual and benefits will be reduced. See here for further details.

Another way for members of the public to become directly involved with the Airlander 10 is to become an investor. Please visit http://www.hybridairvehicles.com/about-us/invest-in-us for more details.

Please visit www.hybridairvehicles.com and Hybrid Air Vehicles on Facebook, on Twitter and on Instagram.

For images, please contact: Philippa.Murrey@hybridairvehicles.net 01234-336400
For general media enquiries, contact Chris Daniels, Head of Partnerships and Communications at chris.daniels@hybridairvehicles.net or on 01234 336415.
To view videos, please visit our ‘Hybrid Air Vehicles Airlander’ YouTube page: https://www.youtube.com/channel/UCnvPhACVf7t4Ykgx1OxgRiQ

GREAT BRITAIN Campaign - www.greatbritaincampaign.com

Sponsor Websites:
Forward Composites - www.forwardcomposites.com
AV – Optics – www.avoptics.com
BOC – www.BOConline.co.uk
Finmeccanica - www.finmeccanica.co.uk
Scotland Electronics - www.scotlandelectronics.co.uk
Vector Informatik – www.vector.com

This press release is approved as a financial promotion by Crowdcube Ventures Limited. Investments of this nature carry risks to your capital.
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HAV Awarded Design Organisation Approval
Hybrid Air Vehicles achieves significant milestone with the award of a Design Organisation Approval from the European Aviation Safety Agency. The European Aviation Safety Agency (EASA) has awarded Hybrid Air Vehicles Ltd a Design Organisation Approval. This is an important milestone on our path to getting the production Airlander 10 in service with customers. It is also a major achievement: just eight other organisations hold an EASA Design Organisation Approval (DOA) for type certifying large aircraft. Being granted a DOA gives HAV the ability to undertake a full flight test programme towards the type certification of Airlander 10. While HAV has previously operated the prototype Airlander under both CAA and EASA permission, the DOA is a critical step towards type certification. Throughout the process, HAV and EASA built a good working relationship. "As an organisation, we have worked hard to make sure that we were thoroughly prepared for every step of the DOA process. As a result, we have succeeded in securing our DOA," comments Safety & Airworthiness Engineer Nikky Pittkin, who was a key part of driving the programme forward within HAV. "Now we are working with EASA specialists to establish the certification basis for our aircraft so that we can work towards type certification of Airlander 10." "Achieving our DOA was always an important milestone in our Airlander 10 production plan," adds Executive Director Nick Allman. "Working directly with EASA, we have made excellent progress on developing the appropriate regulations for an aircraft like Airlander. Having our DOA will support our preparation for a type certification programme as we move ahead with the production aircraft." HAV expects the type certified production Airlander 10 aircraft to be in service with customers from the early 2020s, with the order book currently open to both organisations and individual purchasers. About Hybrid Air Vehicles Limited Founded in 2007, Hybrid Air Vehicles is the company behind the innovative Airlander hybrid aircraft. Airlander can take off and land from virtually any flat surface and offers a powerful combination of flexibility, persistence, payload capacity, and efficiency. Suitable for roles from surveillance and border patrol to search & rescue and expeditionary tourism, Airlander is an aircraft that encourages customers to Rethink the Skies and consider new approaches to solving some of the toughest challenges facing aerospace today. Please visit www.hybridairvehicles.com for more information. For media enquiries, please email media@hybridairvehicles.net.

Video Channel

How Collaborative Expertise Launched the Airlander Project
A video from The Institution of Engineering and Technology explaining how Hybrid Air Vehicles has been working with Forward Composites to apply decades of race-bred British carbon composite expertise in the development and manufacture of the revolutionary Airlander.
Last week, we were thrilled to support the @aerochallenge prize giving and meet some of the bright young people who… https://t.co/wrbFaTibw0
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