EXECUTIVE WATCH Martin Peryea CEO/CTO, Jaunt Air Mobility By Rick Weatherford


“I have a love-and-hate type of thing with helicopters,” Martin Peryea says with a little laugh. Indeed, he should have mixed feelings. The CEO and chief technology officer of Jaunt Air Mobility, a leading new company on the frontier of electric vertical takeoff and landing (eVTOL) aircraft, spent decades researching and developing traditional helicopters for Bell Helicopter and headed up that manufacturer’s futuristic aircraft organization called Xworx. For years, he’s worked in the trenches of helicopter development and fought against traditional rotorcraft shortcomings. “Rotorcraft design is probably the most challenging issue in all of aviation,” he says. “I appreciate it’s tough to take new technologies to market because of certification and regulatory costs. In addition, every


14 Mar/Apr 2021


new rotorcraft program throws a flurry of technical issues at you. I don’t like how we still have acoustical signature helicopter noise issues and safety issues that haven’t been fully addressed.”


So, the veteran executive engineer has set his sights on developing a new type of aircraft, one that has yet to fly through certification, but has begun to turn rotors — and heads. “It’s hard to predict what the future will hold for eVTOL aircraft because the market today doesn’t exist,” says Peryea. “It’s unlike the traditional helicopter industry, which is relatively mature and established with a history of demand. Still, we have plenty of studies that show that the potential market is huge in the billions of dollars.”


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