AIR has announced a brand new autonomous cargo eVTOL, AIR ONE, making its first move into the cargo and logistics sector.

The company has secured several deals to supply the new unit for cargo purposes to a slew of operators over the next 12 months.

The introduction of the new variant has increased the company’s YoY earnings for 2024 so far by 5X

 

An unmanned variant of its manned eVTOLs, the unit has been specially configured to be used exclusively for cargo operations, and has been developed using AIR’s automotive-focused production facilities, methodologies and automated manufacturing systems.

The unit, which is powered solely by electrical means, is capable of both taking off and landing whilst carrying up to 250kg.

Rani Plaut, CEO and co-founder of AIR, said:

Venturing into this new market with AIR ONE Cargo is a testament to our unwavering commitment to the integration of eVTOLs into all spheres of daily life, for a variety of use cases.

We expanded our offerings in response to strong market demand, and the feedback we've already received affirms that AIR ONE's robust capabilities and simple, cost-effective design make it an extremely agile platform, uniquely able to scale across different uses.

 

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