THE INNOVATION LABORATORY, INC. — National Aeronautics and Space Administration SBIR Phase I: A3

Description

Urban Air Mobility (UAM) will only be realized if the amount of people and vendors participating grows at a sufficient rate that allows for UAM to be profitable and beneficial to the passengers, airside service providers (ASPs), vertiport operators, and other stakeholders.nbsp; With the economy of scale, larger fleet sizes will bring down prices, and lower prices will encourage a greater number of passengers from a larger economic background to participate.nbsp; To this end and given that UAM is based on on-demand services where there is not a known schedule to establish a cost basis,nbsp;we anticipate that the costs associated with a daily operation of an ASP in UAM will be highly dependent on cost feedback, subject to the very dynamic state of the UAM system.nbsp; Our innovation provides an on-demand cost estimate of the cost of point-to-point ASP services given the current state of the UAM system.nbsp; With effective cost feedback, ASPs and Vertiport operators can optimize their costs, make intelligent routing decisions, and accelerate the growth of UAM.