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Hybrid eVTOL Company Plana Signs Letter of Intent with Electric Power Systems for Advanced Air Mobility Batteries

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Electric Power Systems (EP Systems), a leading global electric powertrain supplier in the aviation industry, today announced it has entered into a Letter of Intent (LOI) with Plana, a hybrid eVTOL company based in South Korea. Plana will deploy EPS's battery system for its commercial hybrid eVTOL aircraft, which is targeted for commercialization in 2028.

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