【Summary of Partnership agreement about “Flying Car” development for creation of new industry】

1. The name of the agreement

Partnership agreement about “Flying Car” development for creation of new industry

2. The date of agreement

May 9th (Thu) in 2019

3. Cooperation item of the agreement

(1) Related with Flying Car Research & DevelopmentTo promote R&D of “Flying Car”, develop the vehicle at “Monzukuri creation base SENTAN” or conduct both indoor & outdoor flight test at verification field in city-owned land, and aim to realize the first manned-flight in Japan.

(2) Related with the verification test for social implementation of Flying Car

To promote social implementation, consider the verification test through sorting the issues in each region of this city which is microcosms of Japan and discussion for the solution & information exchange.

(3) Related with the industrialization of Flying Car

Proceed with the investigation for matching with municipal manufacturers for industrialization by information exchange and discussion to improve Flying Car as reginal industry (mass-production, sales, service etc.)

4. The role for three parties

■Toyota city：

Provision of the places for development & verification test, discussion with country & prefecture about legislation, sorting issues for reginal industrialization, provision of the opportunity for matching etc.

■CARTIVATOR / SkyDrive Inc.：

Vehicle development, Performance of flight test & verification test, Provision of examination data, Creation and improvement of business model for industrialization etc.

2019.05

Toyota City, CARTIVATOR, and SkyDrive Inc. have signed a cooperation agreement on "Flying Car" devel