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Mundus Group Inc. announces new home for experimental VTOL aircraft.
Mundus Group Inc. announces new home for experimental VTOL aircraft..
About this update from Mundus Group, Inc.
[{"type":"text","content":"Mundus Group Inc. announces that their fully owned VTOL division, Roadable Aircraft has moved its experimental VTOL prototypes to their new facility in Ventura CA, where they will be on display as historical aircraft that document the development of their patented VTOL technology over the last 18 years. Both prototypes are significant steps in aviation evolution as the 1st prototype won the Best Invention of the year and 1st prize at the Discovery Channel Invention Convention in 1993. The second prototype was part of a US NAVY and Roadable Aircraft International co-development between 2001-2004 at Naval Air Warfare Center Weapons Division, Point Mugu Navy Base, California, and was awarded patents for a flying car. A third prototype was also built at NAWCWD as an unmanned air vehicle (UAV), vertical take off and landing vehicle (VTOL). RAI is currently building its fourth prototype due in 2009, the V1 Vortex.\n\n\nAbout the Company\n \nRAI plans to revolutionize VTOL \"inner space\" travel with its patented configuration utilizing counter rotating propellers within a ducted fan that are unexposed and thereby allowing take offs and landings without the inherent danger found in the typical helicopter propellers of the current technology.\nMundus Group, Inc. is a growing diversified holding company comprised of subsidiaries within complimentary industry segments. From State of the Art, RC Remote Controlled Unmanned UAV Air Vehicles for aerial camera movie production, and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing broad product and service offerings to provide economic protection and growth opportunities for investors. At its core the Mundus Group is an aerospace Technologies Consortium providing patented UAV VTOL technology fusing Computer assisted auto flight and composite technologies.\n\nAs a Parent Holding company, Mundus Group functions from the perspective of a design-engineering firm. This is the nucleolus that directs what acquisitions are made and creates strategic alliances, develops proprietary technology and patents that bring the expertise and create the real value for the Mundus Group. The Company expects to retain the strong management teams in each business unit, capitalizing on their local knowledge of competitors and operating climate...