13th October 2021 mjadmin

MIAMI, Oct. 13, 2021 (GLOBE NEWSWIRE) — Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media/digital technology holding company and owner of Air Race World Championship (ARWC), announces the appointment of AI VentureTech as strategic advisor to assist in developing an Aerial Mobility Research Lab for next-generation transportation technologies.

AI Venturetech, through its partnership with TulsaLabs, will oversee the joint development and vision for an advanced aerial-mobility technology research division, focused on the areas of electric powered aircraft, EVTOL (electric vertical takeoff and landing) vehicles, and personalized jetpacks.

Thomas Bustamante, Founder and CEO of AI Venturetech, Inc., commented, “We are very excited to be working with Touchpoint on the development of a new aerial-mobility transportation technology lab. Through TulsaLabs’ aerospace research division, and Touchpoint’s access to aerial mobility vehicles, we envision a technology partnership that can leverage next generation aerial mobility technologies, such as electric powered aircraft and EVTOL vehicles, for future commercial projects.”

Mark White, CEO of Touchpoint, further noted, “Following our acquisition of Air Race World Championship, we are positioning ourselves as a leader in the field of aviation and new forms of aerial transportation.  We look forward to building upon this expertise to develop new aerial technologies, that will not only be central to an engaging fan experience, but that also address mounting challenges related to increasing urban congestion, and the push for cleaner air.  We believe these technologies are set to radically change the future of personalized transportation, from air taxis, to connected and autonomous vehicles, to Mobility-as-a-Service, and we look forward to becoming a part of that change.”

About AI VentureTech

AI VentureTech is an AI research lab focused on leveraging cutting-edge technologies to deliver data-related products and solutions that empower enterprise customers and partners through improving their business efficiency, enhancing their value and realizing their digital transformation. Located in New York City, our team of data scientists and engineers can customize AI-powered software and technical solutions for both companies and institutions looking to leverage data and machine learning for greater business value. https://aiventuretech.com

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