Sale of the AIR ONE Cargo have boosted AIR’s revenue for the year. Credit: AIR

Israeli electric vertical takeoff and landing (eVTOL) company Air has revealed a new cargo version of its flagship AIR ONE aircraft after delivering the first model. 

The unmanned AIR ONE Cargo is based on the same design as the passenger eVTOL model but removes the seats to add cargo space and is fitted with updates to the fly-by-intent technology to support its connection to a ground control centre. 

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Rani Plaut, CEO and founder of AIR, said that the company had explored the cargo application for the vehicle after seeing strong market demand.

“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,” he said. 

The AIR ONE Cargo is capable of carrying payloads up to 250kg and can reach similar speeds to the passenger version, which can travel 60 miles in 41 minutes. 

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While the AIR ONE, as with all eVTOLs, has yet to receive certification in key markets such as the US, AIR told Airport Technology that the vehicle has already been delivered to customers in markets able to take advantage of self-regulated flights and intermediate certifications. 

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AIR also said that it was set to continue delivering the initial orders of AIR ONE Cargo aircraft throughout 2024 and into the first half of 2025. 

The company said that in 2024 so far it had already seen a 400% increase in year-on-year earnings, significantly boosting its revenue expectations for the year and signalling a significant increase on the $1m revenue seen by AIR in 2023. 

AIR’s launch of its new model continues the notable growth seen by the eVTOL industry in the last year, which has included milestones for aircraft developed by some of the sector’s biggest players including Airbus, Archer, and Joby.