The acquisition advances Atlantic Aviation’s commitment to leading the industry in the creation of sustainable infrastructure to support advanced air mobility (AAM) operations by incorporating electric vertical take-off and landing (eVTOL) infrastructure expertise into its portfolio.
As a wholly owned subsidiary of Atlantic Aviation, Ferrovial Vertiports will immediately begin to operate under the name VertiPorts by Atlantic. The leadership team of the newly acquired business will continue its industry leading role in the development of various locations for eVTOL operations to connect communities in multiple regions across the United States. The company will apply proprietary methodology to determine the best locations for additional vertiport locations nationwide.
Atlantic Aviation has a long track record for advancing eVTOL infrastructure, from ongoing installations of electric aircraft charging stations at a growing number of its current FBO facilities to initiating utility upgrades at New York’s 34th Street Heliport to support eVTOL operations in the area. This acquisition further positions Atlantic Aviation at the forefront of AAM with the vision, re-sources, and proven ability to deliver an extensive network of sites.
“We see tremendous long-term benefits and growth in building out infrastructure to support the advanced air mobility space,” said Jeff Foland, chief executive officer of Atlantic Aviation. “The combination of our operational expertise with the outstanding work the Ferrovial Vertiports team has done so far will serve as a tremendous boost to safe and efficient eVTOL operations as the network develops.”
“The Ferrovial Vertiports team is pleased to join Atlantic Aviation to forge a transformative and visionary presence in the AAM infrastructure space,” said Kevin Cox, former chief executive officer of Ferrovial Vertiports, who is now chief executive officer of the VertiPorts by Atlantic business. “We’re setting a new standard for innovation and leadership in the industry which will transform how people move seamlessly to, through, and between cities.”
Financial details of the acquisition were not disclosed.
