German aviation start-up Volocopter announced on Wednesday its commitment to launch air taxi services in Singapore, following two years of "close collaboration" with the city.
Volocopter's emission-free aircraft takes off and lands vertically.
Each autonomous electric drone can carry up to two passengers.
In partnership with the Economic Development Board (EDB) and the Civil Aviation Authority of Singapore (CAAS), the firm plans to launch air taxi services in the Republic within the next three years.
In preparation for this, it has created Volocopter Asia Holding and hired Mr Hon Lung Chu as its head of Asia-Pacific based in Singapore.
Volocopter said it will build a team of 50 pilots, engineers, operation specialists and business managers in the next three years leading up to the launch of its commercial operations.
The company also expects to hire more than 200 full-time employees in Singapore to manage a network of routes by 2026.
The first route the company's air taxi will take in the Republic will likely be a touristic one over the southern waters, offering views of the Marina Bay skyline.
This could provide Singapore's tourism industry with a new attraction, Volocopter said. Follow-on connections may include cross-border flights to enhance regional connectivity, it added.
EDB executive vice-president Tan Kong Hwee noted that urban air mobility is an emerging area within the broader mobility sector, which has been identified as a growth industry for Singapore.