Prepare for takeoff

Texas A&M team wins second round of Boeing-backed flight device competition

A team out of Texas A&M University is a finalist for Boeing's GoFly competition. Courtesy of GoFly

A team from Texas A&M University has advanced in a global Boeing-sponsored competition called GoFly. The competition asks teams to create a personal flying device aircraft that is smaller, lighter, and quieter than any currently existing model.

Texas A&M Harmony is one of the five teams named a winner in GoFly's Phase II competition, which has more than 3,500 innovators from 101 countries across the world. The teams are now preparing for the Final Fly-Off expected to take place in 2020, at which point innovators will put their aircrafts to the test, competing at a final event showcase and for the remaining $1.6 million in prizes.

Dr. Moble Benedict leads the team and is an assistant professor of aerospace engineering at TAMU and founder of the Advanced Vertical Flight Laboratory with 15 years of experience in vertical take-off and landing aircraft concepts. Texas A&M Harmony is the only team from Texas currently in the competition.

"The first time I heard about the GoFly competition, I thought 'this is impossible I can't do it,'" says Moble Benedict, Harmony's team captain and an assistant professor of aerospace engineering at TAMU.

Benedict, who also founded the Advanced Vertical Flight Laboratory with 15 years of experience in vertical take-off and landing aircraft concepts, proposed the competition to his students and his connections in the field to build his current team.

"The first few months we spent brainstorming different ideas," Benedict tells InnovationMap.

The team created a design called Aria, which was inspired by the word's musical roots.

"Being engineers, we were trying to stick with a theme," says Carl Runco, a PhD student at the Advanced Vertical Flight Lab of TAMU. "We struck on 'Aria,' and thought 'that's it' because Aria is the solo of an opera and we're designing a single-person vehicle."

Aria is a high technology readiness level compact rotorcraft designed to minimize noise and maximize efficiency, safety, reliability, and flight experience, according to the GoFly website.

"The key outcome of this design is the rotor system we have designed," says Benedict. "We have come up with a very unique rotor system which is very quiet without compromising the efficiency. That's something very hard to do."

In addition to Benedict and Runco, the Harmony team has a total of 12 members — from PhDs to professors, including:

  • David Coleman, a PhD student conducting research at AVFL (Advanced Vertical Flight Laboratory)
  • Hunter Denton, a Masters student in AVFL at TAMU
  • Dr. Eric Greenwood, who received a PhD in Aerospace Engineering from the University of Maryland and is a researcher at NASA Langley developing rotor noise modeling methods and experimental techniques
  • Atanu Halder, a PhD candidate in Aerospace Engineering at TAMU
  • Dr. Vikram Hrishikeshavan, an Assistant Research Scientist at the University of Maryland with 14 years of experience in VTOL aircraft concepts
  • Dr. Vinod Lakshminarayan, a Research Scientist at Science and Technology Corporation, NASA Ames Research Center
  • Bochan Lee, a South Korean Navy UH-60 pilot and a current graduate researcher at AVFL
  • Farid Saemi, a PhD student at TAMU
  • Vishaal Subramanian, a Masters student at the Aerospace department of TAMU
  • Aswathi Sudhir, a PhD student in Materials and Structures from Aerospace department of TAMU.

Winning the competition would put the Texas university on the map for aerospace engineering.

"The recognition would be invaluable," says Saemi.

The GoFly competition is broken up into three phases that began in 2017 according to the website. The first phase focused on written reports detailing each team's design and plan. After advancing through that round, Harmony entered Phase II, which included a re-review of Phase I materials and a demonstration of the progress each team has made. The five winners of Phase II will compete in a fly-off in 2020.

Other teams based in the United States include Trek Aerospace FK2 Inc. and DragonAir Aviation. International teams include Silverwing Personal Flight, from the Netherlands, and Aeroxo LV, from Latvia and Russia.

"We're inspired and excited to see the strong progress that GoFly competitors have made on their bold, creative designs," says Greg Hyslop, Boeing's CTO, in the press release. "Their work confirms a principle that's at the core of both Boeing and GoFly: aerospace innovation changes the world."

While the team is focused on next year's fly-off competition, they see the potential for a company taking off.

"If we're successful enough and attract enough attention, there is definitely interest in turning the team into an official company," says Runco. "We want to be able to sell these things."

Texas A&M Harmony has 12 team members and is advancing to the final round of the competition. Courtesy of GoFly

Houston-based iownit.us got the green light from the Financial Industry Regulatory Authority. Getty Images

For Rashad Kurbanov, this day has been a long time coming. The founder of iownit.us has been building his digital investment platform for two years, and now the company has been approved for membership by the Financial Industry Regulatory Authority.

As a FIRA member, IOI Capital and Markets LLC, a wholly owned subsidiary of iownit.us, the company can be placement agent for digital private securities that are issued on the iownit.us platform.

The iownit.us' blockchain-backed technology allows for a more simplified and streamlined process for securities investment, making it easier on both the investors and the companies seeking investment.

"We believe our platform will reduce friction in the market and reduce costs for all market participants, while importantly providing appropriate investor protections," Kurbanov says in the release.

Kurbanov indicates in the release that the length of the approval process wasn't that surprising.

"As any new technology being introduced in financial markets, blockchain had to be thoroughly evaluated by the regulators to ensure its application in compliance with regulations that made the U.S. capital markets envy of the world," he says. "We spent a significant amount of time with FINRA and SEC Staff on productive discussions working through the use of distributed ledger technology and how it can be implemented to provide convenient yet secure platform."

Iownit.us represents a more modern approach to traditional investing processes in an increasingly digitized world.

"We are not here to 'revolutionize' investing, but we do intend to make it vastly more modern and less complicated for both issuers and investors to engage and transact," he says in the release.

In June, the company closed a $4.5 million Seed round of investment. Kurbanov said that those funds would be use to wrap up this approval process. Now that it's all squared away, the remaining funds will go toward business development and marketing initiatives and technological advancements.