In a further boost to Abu Dhabi’s Smart and Autonomous Vehicles Industry (SAVI) cluster, the Abu Dhabi Investment Office (ADIO) has signed strategic agreements with France’s Ascendence and Italy’s Manta Aircraft for setting up operations in the UAE capital.
Founded in 2018 in Toulouse, Ascendance is a startup whose goal is to decarbonise aviation using two of its key products: Sterna, an innovative hybrid-electric propulsion to equip future generations of aircraft, and ATEA, an eVTOL aircraft – powered by Sterna – with a range of 400km and a cruising speed of over…