Singapore-based firm EVLY is set to purchase over 200 electric vertical take off and landing (eVTOL) aircraft from AutoFlight.
The agreement follows German eVTOL manufacturer AutoFlight’s record-breaking 250km all-electric flight earlier this month, the longest eVTOL flight in history.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
EVFLY is an air fleet management and operation company for the new generation of eVTOL aircraft.
The deal sees EVFLY initially purchase 205 Prosperity I and Prosperity Cargo Aircraft. EVFLY will operate the first 10 AutoFlight Cargo aircraft in the Middle East, in markets such as the UAE and Saudi Arabia, with subsequent deployments in Asia and Africa.
The companies say this agreement demonstrates their commitment to the Middle East region, which both parties believe could be a trailblazer for eVTOL services.
“This is a fantastic deal and illustrates just a few of the many geographies that will benefit from eVTOLs in both cargo and personal mobility,” said AutoFlight president Omer Bay-Yohay.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“The team at EVFLY has a proven track record in successfully managing freight and cargo businesses and we’re delighted to be partnering with them in what could be one of the first commercial eVTOL operations in the world.”
EVFLY’s fleet management service integrates the latest technology for eVTOL maintenance and operational efficiency. This will provide a unique solution for companies wishing to use eVTOL for commercial or private purposes.
“AutoFlight has a proven aircraft, as demonstrated by their world record flight and thousands of additional flight test miles. They are a natural choice for EVFLY, as both parties will bring expertise to the nascent eVTOL cargo and passenger markets,” said Yannick Erbs, CEO and founder of EVFLY.
The agreement follows AutoFlight’s achievement of the world’s longest eVTOL flight in history with a distance of 250km (155 miles) on a single charge of the aircraft’s lithium-ion batteries.
