L&T Technology Services Limited (LTTS), a global pure-play engineering services company, was awarded a multi-year $100 million+ electric air mobility deal by Texas-based Jaunt Air Mobility. The two companies will jointly develop eVTOL (electric vertical takeoff and landing) air taxis.
To meet the growing demand for faster urban and regional travel, Jaunt is rolling out a new generation of sustainable aircraft. The Jaunt Journey takes off like a helicopter and transitions to flying like a fixed-wing plane using patented Slowed-Rotor Compound technology.
These new air taxis will make it possible to travel more than 110 km in the air in 25 minutes or less, with trip costs affordable to the public. The Jaunt Journey, single-pilot aircraft, will carry four passengers. The vehicle will offer urban air mobility, cargo delivery, military missions, and medical transport.
Martin Peryea, CEO & CTO, Jaunt, said, “Strategically, we are continuing to grow our Tier 1 partnerships and recognize LTTS as a best-fit engineering partner, and together we are confident of pushing the mass-scale commercialization.”
Last updated: December 26th, 2025
