The Mundus Group, Inc. (MNDS.PK) is a provider of advanced aerospace technology for civilian and military uses. Through its wholly owned VTOL division, Roadable Aircraft International (RAI), The Mundus Group provides the patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV).
The Mundus Group plans to use RAI to develop and market the world’s first commercially successful vertical takeoff and landing flying vehicle. The idea is to develop a vehicle with the ability to take off without a runway, be able to land in small spaces, and be able to drive to the final destination. Their first flying car prototype won first place and best invention of the year in 1993 at the Discovery Channel Invention Convention.
The Mundus Group believes that the need for alternative transportation will increase along with the public’s awareness for this need. The company is in a good position to emerge as a market leader due to the untapped market for a “flying car”, and their existent, advanced research, technologies and prototypes.
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