Martin Peryea named Jaunt Air Mobility’s new Chief Executive Officer

Jaunt Air Mobil­i­ty has named Mar­tin Peryea as its new Chief Exec­u­tive Offi­cer, replac­ing out­go­ing CEO Kay­don Stanzione.

Peryea — who is also the com­pa­ny’s Chief Tech­nol­o­gy Offi­cer — was accept­ed into the posi­tion fol­low­ing a Board meet­ing yes­ter­day (Mon­day). In a press release announc­ing the news, Jaunt Air Mobil­i­ty under­stands Stanzione will be ‘pur­su­ing oth­er endeav­ours.’

Com­ment­ing on his new role, Peryea said: “On behalf of the com­pa­ny, I am pleased to lead Jaunt at this crit­i­cal junc­ture. Our con­fi­dence in our tech­nol­o­gy remains high and our work­ing rela­tion­ships with our key sup­pli­ers is stronger than ever.”

Before Jaunt Air Mobil­i­ty, Peryea was Vice Pres­i­dent of Engi­neer­ing at Tri­umph Aero­space Struc­tures, but spent most of his career at Bell Heli­copter Tex­tron, where he was VP Com­mer­cial Engi­neer­ing for more than 30 years.

Despite not hav­ing a full pro­to­type ready, Jaunt Air Mobil­i­ty has said its eVTOL con­cept — which is a Reduced Rotor Oper­at­ing Speed Air­craft (ROSA) — will per­form as an air­plane with the effi­cien­cy of tak­ing-off and land­ing like a heli­copter — but 100 times qui­eter.

The com­pa­ny says ROSA™ tech­nol­o­gy pro­vides a num­ber of dis­tinct advan­tages: The com­bi­na­tion of an elec­tric motor with a large main rotor and absence of a tail rotor offers an ultra-qui­et air­craft on the ground as well as in the cab­in. Jaunt demon­stra­tors have com­plet­ed more than 350 hours of flight time, and over 1,000 take-off and land­ings.

Its pro­duc­tion roadmap aims to include the first flight by 2023, which will also include begin­ning the cer­ti­fi­ca­tion process. Low-rate pro­duc­tion is esti­mat­ed to begin in 2025, with full cer­ti­fi­ca­tion achieved a year lat­er. Jaunt aims to have a ful­ly autonomous air­craft by 2030, and was named as an Uber Ele­vate part­ner in 2019 — just two months after the com­pa­ny was formed.

We spoke to Stanzione as part our a pod­cast ear­li­er this year, where he talked about the back­ground behind set­ting up Jaunt Air Mobil­i­ty and more details about its eVTOL air­craft.