Investment advisor Jean-Michel Deligny has joined the Hybrid Air Vehicles Advisory Board to play a key role, providing fresh insight and supporting the company’s onward financing strategy for its Airlander 10 production programme, which will happen at a site in South Yorkshire.
He said: “As an aerospace fan, I have been looking at the airship industry for the past 30 years, and none of the Lighter-Than-Air attempts have been successful. The main reason is that they are expensive, delicate, and require considerable infrastructure on the ground.
“HAV is a complete departure from LTA and provides the breakthrough the industry has been waiting for: comparatively inexpensive, robust, and flying from anywhere. To cap it all, HAV has a proven product which has already flown many times. Combined with the urgent need for aviation decarbonization, I believe HAV is ready for prime time.
“The $2+bn worth of options and $10+bn pipeline, both civil and military, is a testament of the pent-up demand. Huge market, proven product, considerable momentum – that’s the sort of company investors want to invest in. I am delighted to bring my financing expertise to accelerate the company’s success.”