NEOM Establishes World’s First Public Vertical Mobility System

The signing of an agreement to develop the world’s first bespoke public vertical mobility system in NEOM on Wednesday, December 1, 2021. (Asharq Al-Awsat)
The signing of an agreement to develop the world’s first bespoke public vertical mobility system in NEOM on Wednesday, December 1, 2021. (Asharq Al-Awsat)
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NEOM Establishes World’s First Public Vertical Mobility System

The signing of an agreement to develop the world’s first bespoke public vertical mobility system in NEOM on Wednesday, December 1, 2021. (Asharq Al-Awsat)
The signing of an agreement to develop the world’s first bespoke public vertical mobility system in NEOM on Wednesday, December 1, 2021. (Asharq Al-Awsat)

Saudi Arabia’s NEOM and Germany’s Volocopter, the pioneer of urban air mobility, have established a joint venture company to design, implement, and operate the world’s first bespoke public vertical mobility system in NEOM.

Air taxi and vertical logistics services will be fully integrated with the overall multi-modal and zero-emission public transit system in NEOM.

The venture will be the sole operator of initial public transit routes across NEOM, while enabling an open eVTOL (electric Vertical Take-Off and Landing) ecosystem for vertical mobility services, including logistics, emergency response and tourism.

NEOM has placed a confirmed order of 15 Volocopter aircraft to commence initial flight operations within the next two to three years.

“"In designing cities and urban infrastructure for the 21st century, mobility is at the center of the equation,” said CEO of NEOM Nadhmi al-Nasr.

“Through this joint venture with Volocopter, we are demonstrating to the world that NEOM is the ideal region to implement urban air mobility rapidly and create a fully integrated vertical mobility ecosystem.”

“NEOM is on a mission to become a global living lab for future mobility, and we are very excited to see what the future holds as we grow,” he added.

Volocopter “is a perfect match for our ambitious goals to create the first truly sustainable, shared and seamlessly integrated mobility system in the world,” said Florian Lennert, the head of mobility at NEOM.

Chief Commercial Officer at Volocopter Christian Bauer said the partnership with NEOM and the new venture that both sides are creating together is going to be an exciting journey.

"It is a once in a lifetime opportunity to be an essential part of designing and operating a completely new UAM ecosystem from the ground up without the constraint of legacy infrastructure or regulation, and as pioneers in the industry, Volocopter is honored to be the trusted partner to contribute to NEOM’s ambitious vision," he added.



Eng. Talal Al-Marri Appointed CEO of Expo 2030 Riyadh

Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031
Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031
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Eng. Talal Al-Marri Appointed CEO of Expo 2030 Riyadh

Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031
Expo 2030 is scheduled to open on October 1, 2030, and run through March 31, 2031

Expo 2030 Riyadh Company (ERC), wholly owned by the Public Investment Fund (PIF), announced on Thursday the appointment of engineer Talal Al-Marri as its Chief Executive Officer (CEO).

Al-Marri will be in charge of managing the company that oversees the development and operation of Expo 2030 Riyadh, considered one of the most significant events for the current decade.

Al-Marri brings decades of leadership experience across international operations.

He previously served as President and CEO of Aramco Europe, leading digital transformation and investment strategy across key global markets.

He also undertook several international assignments in London and Seoul while serving in this role, according to a statement by PIF.

With his extensive experience in spearheading large-scale initiatives and driving innovation, Al-Marri will play a pivotal role in steering the company’s efforts to ensure that Expo 2030 Riyadh becomes a landmark event and will play a key role in showcasing Saudi Arabia’s ambitions and progress, in alignment with Vision 2030.

The establishment of Expo 2030 Riyadh aligns with the PIF’s strategic mandate to achieve economic impact for Saudi Arabia while securing sustainable returns.

PIF leads the development of transformative landmark real estate initiatives across Saudi Arabia, which drive economic transformation and diversification, advancing urban innovation and enhancing quality of life.

Expo 2030 Riyadh will serve as a platform for global collaboration, bringing together nations to address the most pressing challenges through innovation and technology.

Additionally, the event will act as a catalyst for economic growth, creating new opportunities for Saudi Arabia and the wider global community.