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eVTOL Gives Glimpse Into The Future Of Personal Air Travel
CycloTech’s CruiseUp eVTOL has been 15 years in the making, and could redefine urban mobility.
After 15 years of planning and testing, CycloTech’s air car concept, known as the CruiseUp eVTOL, offers a glimpse into a sci-fi future where personal air travel isn’t just possible but commonplace. The high-tech aircraft uses a patented propulsion system called CycloRotor, allowing for unparalleled agility and control.
Less than twice the size of a regular car, the CycloTech eVTOL can carry two passengers. The company says that the air car won’t take to the skies until at least 2035, as it is waiting for the air taxi industry to mature and needs time to overcome regulatory hurdles and energy storage issues.
CycloTech’s eVTOL air car is designed for short-distance city commuting and stands out due to its futuristic design and exceptional maneuverability. CycloTech is headquartered in Linz, Austria, and has become known for its development work on “Voith-Schneider” propellers. The six barrel-shaped propulsion units on the CruiseUp use wing blades that tilt as the barrels spin, allowing for rapid directional changes in 360 degrees, combined with a top speed of 150 km/h and a range of 100 km.
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In the marine world, super-fast thrust vectoring is the main advantage of Voith-Schneider propellers. The technology is already used to help tugs, ferries, and firefighting ships position themselves precisely in shifting tides, quickly balancing against currents that might tip them over.
While the path to commercial success for CycloTech remains in the balance, the CruiseUp concept still has plenty of potential in smaller drone applications, where precision positioning and agility are invaluable. The CruiseUp eVTOL’s innovative mechanics and visually striking design make it a compelling addition to the rapidly evolving landscape of personal air travel.
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PayPal & TerraPay Join Forces For Cross-Border MENA Payments
The collaboration will be especially helpful in regions where traditional banking infrastructure is limited or inconsistent.
PayPal has teamed up with TerraPay to improve cross-border payments across the Middle East and Africa. The move is designed to make it easier and faster for users to send and receive money internationally, especially in regions where traditional banking infrastructure can be limited or inconsistent.
The partnership connects PayPal’s digital payments ecosystem with TerraPay’s global money transfer network. The goal is to streamline real-time transfers between banks, mobile wallets, and financial institutions, significantly improving access for millions of users looking to move money securely and efficiently.
Through the partnership, users will be able to link their PayPal accounts to local banks and mobile wallets using TerraPay’s platform. This means faster transactions and fewer barriers for individuals and businesses across the region.
“The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit growth for many,” said Otto Williams, Senior Vice President, Regional Head and General Manager, Middle East and Africa at PayPal. “At PayPal, we’re committed to changing that […] Together, we’re helping unlock economic opportunity and build a more connected, inclusive financial future”.
For TerraPay, the deal is a chance to scale its reach while reinforcing its mission of frictionless digital transactions.
“Our mission at TerraPay is to create a world where digital transactions are effortless, secure, and accessible to all,” said Ani Sane, Co-Founder and Chief Business Officer at TerraPay. He added that the partnership is a major milestone for enhancing financial access in the Middle East and Africa, helping businesses grow and users move funds with fewer limitations.
Also Read: A Guide To Digital Payment Methods In The Middle East
The integration also aims to support financial inclusion in a region where access to global banking tools is still uneven. With interoperability at the core, TerraPay can bridge the gap between different financial systems — whether that’s a mobile wallet or a traditional bank — making it easier to send money, pay for services, or grow a business across borders.
As the demand for cross-border payment options continues to rise, both PayPal and TerraPay are doubling down on their commitment to provide reliable, secure, and forward-looking financial tools for the region.
PayPal & TerraPay Join Forces For Cross-Border MENA Payments
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