This article is based on an official press release from AIR.

AIR Surpasses $1 Billion in Orders for Smart Aircraft and eVTOLs

Smart aircraft manufacturer AIR has officially surpassed $1 billion in orders, signaling strong market interest in its electric vertical takeoff and landing (eVTOL) vehicles. According to a company press release, the Israel-based firm has accumulated a waitlist of more than 3,300 customers, with many having already placed deposits for future deliveries.

The milestone highlights the growing demand for next-generation air mobility solutions across personal, commercial, and defense sectors. AIR reported over $35 million in booked revenue to date, which the company attributes primarily to the sale and delivery of its Heavy-Lift unmanned aerial systems (UAS), alongside mobile ground control stations, parts, and servicing packages.

As the eVTOL industry moves closer to widespread commercialization, AIR is positioning itself to capitalize on emerging regulatory frameworks. The manufacturer noted that its flagship personal aircraft, the AIR ONE, is currently being considered under the Federal Aviation Administration’s (FAA) Modernization of Special Airworthiness Certificates (MOSAIC) framework as a Light Sport Aircraft (LSA).

Breaking Down the $1 Billion Order Book

The bulk of the company’s billion-dollar backlog stems from its consumer-focused model. In its official announcement, AIR detailed that 3,290 of the orders are for the AIR ONE personal aircraft. This two-seat, fully electric eVTOL is designed for private use and boasts a projected range of 100 miles.

According to the manufacturer’s specifications, the AIR ONE can reach speeds of up to 155 miles per hour and carry a payload of up to 550 pounds. The company stated that these personal aircraft orders will be fulfilled once FAA certification is secured and mass production begins. The aircraft also features redundant safety layers, an airframe parachute system, and “Fly-By-Intent” flight control technology.

Commercial and Heavy-Lift UAS Progress

Beyond personal mobility, AIR is also seeing traction in the commercial and logistics space. The press release indicated that the company has secured more than 25 orders for its AIR Cargo heavy-lift UAS, with two units already delivered to customers.

The cargo variant features a 70-cubic-foot cargo bay and matches the personal model’s 550-pound payload capacity. AIR confirmed it has an active production line for the heavy-lift aircraft and anticipates producing and delivering more than 20 additional units this year.

Recent Milestones and Strategic Partnerships

The surge in orders follows a series of strategic and financial developments for the eVTOL developer. In July of last year, AIR closed a $23 million Series A funding round led by Entrée Capital, with participation from early backer Dr. Shmuel Harlap.

Furthermore, the company announced in September that its latest U.S.-based prototype had received an FAA Experimental Airworthiness Certification. These regulatory and financial steps are crucial as the company transitions from prototyping to scalable manufacturing, supported by partnerships with the U.S. Air Force’s Agility Prime program, ST Engineering, Nidec Motors, and EDAG.

“Our mission is to make air mobility accessible and routine, while bridging personal, commercial, and defense transportation and operations,” said Rani Plaut, CEO and Co-Founder of AIR, in the press release.

AirPro News analysis

The announcement of $1 billion in orders is a significant indicator of consumer and commercial appetite for eVTOL technology. However, as with many advanced air mobility startups, the transition from pre-orders to delivered, certified aircraft remains the ultimate hurdle. The fact that AIR is already generating real revenue, $35 million booked from its heavy-lift UAS and support systems, sets it apart from competitors that rely entirely on future passenger operations.

By targeting the Light Sport Aircraft category under the FAA’s MOSAIC framework, AIR may find a more streamlined path to market for its personal vehicles compared to the rigorous commercial passenger certification processes faced by air taxi operators. We will continue to monitor their production ramp-up, particularly whether they can meet their goal of delivering more than 20 cargo units this year.

Frequently Asked Questions

What is the AIR ONE?

The AIR ONE is a two-seater, fully electric eVTOL designed for personal use. According to the manufacturer, it features a 100-mile range, speeds up to 155 mph, and a 550-pound payload capacity.

How much revenue has AIR generated?

The company reported over $35 million in book revenue, driven largely by its Heavy-Lift UAS deliveries, mobile ground control stations, parts, and servicing packages.

Has the FAA certified AIR’s aircraft?

In September, AIR’s U.S.-based eVTOL prototype received an FAA Experimental Airworthiness Certification. The AIR ONE is also being considered within the Light Sport Aircraft category under the FAA’s MOSAIC framework.

Sources

• AIR Press Release