Common Contracts

1 similar Letter of Intent (Loi) contracts

Mayman Aerospace and Savback Helicopters signed a LOI for the procurement of 300 AI- ready Speeder P100 aircraft. Building upon a 2022 LOI for 25 Speeders, this strategic agreement focuses on the latest attritable P100 model, marking a significant...
Letter of Intent (Loi) • June 12th, 2024

With a value exceeding US$120 million, the LOI outlines Savback Helicopters’ plan to begin receiving its initial Speeders around Q4 2025, with deliveries continuing through Q2 2027. This agreement further solidifies the existing collaboration between the two innovative companies. Savback Helicopters was appointed as the exclusive marketing and sales representative for the Speeder in the Nordic countries in June 2022, and this expanded LOI reflects its growing confidence in the aircraft.

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