Pegasus Universal Unveils VTOL BizJet

Pegasus
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Company plans to take a mockup on tour in 2020

Pegasus Universal, a Pretoria, South African-based aerospace company debuted a six-foot by six-foot model of a vertical takeoff and landing aircraft – called Pegasus One - at this week’s European Business Aviation Convention and Exposition (EBACE) in Geneva, Switzerland.

The all-composite aircraft will offer a 2,400 nm range when it uses a standard runway or about 1,150 nm when operating in the VTOL configuration. The aircraft will carry as many as eight people at a cruise speed of approximately 430 knots. The Pegasus One will be powered by two 2,300 hp turboshaft engines.

The company has been predominantly self-funded, together with angel investment. Pegasus is currently searching for new investors, as well as interest from industry influencers and leaders. Pegasus estimates its needs around U.S. $400 million to bring the aircraft to market.

Founding Chairman and visionary Dr. Reza Mia said, “We are working hard to build a full-scale cabin mock-up of Pegasus One which we plan to bring to London to start a demonstration tour of Europe in 2020 to drum up interest.” Pegasus has identified a customer base that spans the civil and executive aerospace sectors and sees Europe, India and China as key markets.

The designers believe Pegasus One will compete with more traditional biz jets on short to medium distance trips.
 

The designers believe Pegasus One will compete with more traditional biz jets on short to medium distance trips.

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