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Other Disclosures9621CTI Engineering Co.,Ltd.Information and Communications, Services and Others

Selected for Hyogo Prefecture’s “Flying Car Commercialization Preparation Project”

A consortium of 4 companies, including our company, was selected for a subsidy program run by Hyogo Prefecture. The consortium will prepare for commercial operations on Awaji Island, select candidate takeoff and landing sites and exhibit an actual aircraft in Himeji City, with the aim of launching commercial operations in Hyogo Prefecture in fiscal 2029.

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Announced details

Commercial flying car operations; takeoff and landing site development
Applicable field (uses covered by this announcement)

Next-generation mobility, air transport, commercial operations, takeoff and landing site development, regional transportation

Launch dateScheduled for fiscal 2029: aiming to launch commercial operations in Hyogo Prefecture
Relationship between the counterparty and the company
CTI Engineering Co.,Ltd.9621
Relationship with the Company

MASC, AirX and 株式会社日本空港コンサルタンツ are consortium partners in this project. Our company was selected by Hyogo Prefecture for the subsidy program.

Counterparty一般社団法人MASC, 株式会社AirX, 株式会社日本空港コンサルタンツ, Hyogo Prefecture

Detailed company profiles for 一般社団法人MASC, 株式会社AirX and 株式会社日本空港コンサルタンツ are not disclosed. Hyogo Prefecture is the implementing entity for the prefectural subsidy program.

Location (as indicated in this announcement)

Awaji Island; Himeji City, Hyogo Prefecture

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

Hyogo Prefecture, "Flying Car Commercialization Preparation Project"

Announced details
ItemDetails
Names of Products / Services CoveredCommercial flying car operations; takeoff and landing site development
Counterparty一般社団法人MASC, 株式会社AirX, 株式会社日本空港コンサルタンツ, Hyogo Prefecture
Counterparty overviewDetailed company profiles for 一般社団法人MASC, 株式会社AirX and 株式会社日本空港コンサルタンツ are not disclosed. Hyogo Prefecture is the implementing entity for the prefectural subsidy program.
Relationship with the CompanyMASC, AirX and 株式会社日本空港コンサルタンツ are consortium partners in this project. Our company was selected by Hyogo Prefecture for the subsidy program.
Launch dateScheduled for fiscal 2029: aiming to launch commercial operations in Hyogo Prefecture
Applicable areaNext-generation mobility, air transport, commercial operations, takeoff and landing site development, regional transportation
LocationAwaji Island; Himeji City, Hyogo Prefecture
SourceHyogo Prefecture, "Flying Car Commercialization Preparation Project"
Items this document does not state (10)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historyImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To bring commercial flying car operations to Hyogo Prefecture at an early stage and support the development of takeoff and landing sites and greater local acceptance.

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Selected for Hyogo Prefecture’s “Flying Car Commercialization Preparation Project” | CTI Engineering Co.,Ltd. (9621) timely disclosure | Komori