AVIATION PING!...............
“The analysis assumes a 25% packaging overhead, a maximum depth of discharge of 90% in case of emergency and retiring the battery when it has 90% capacity left, which corresponds to about 1,500 flight cycles. Batteries would be replaced every 6-12 months, and the maximum charging time is 45 min.”
This thing is financially a dead horse. They make lots of statements without additional backing. Seems like a pump-n-dump stock operation to me.
As to New Atlas, they are owned and operated by Gizmag Pty Ltd, in Victoria, Australia. Their claim to fame? As they say, "we’ve produced more than 60,000 articles." Their "production" is words, while the "Dutch start-up" will be -- uh -- words, for the time being. Because the plane is planned for ten years from now....
In the meantime, send money. Grants. Lobby your governments to give us -- oops -- "invest" in us.
"...the company will need to dig up billions – probably even tens of billions – of dollars to get there...."