Magnus Aircraft showcased live its Magnus Fusion aircraft during the Taihu Bay Wuxi Low-Altitude Economy Innovation and Development Conference at the weekend.
Magnus Aircraft is building a composite materials manufacturing, aircraft assembly and maintenance base next to the showroom at a total cost of EUR 175 million.
The site will also be home to a development centre established in partnership with Budapest’s Óbuda University. Magnus Aircraft’s local joint venture, Jiangsu Magnus Aircraft Manufacturing, is expected to employ 300 people and support the company’s expansion on Asian markets.
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