Israel-based AIR announced it has exceeded $1 billion in orders for its AIR ONE personal eVTOL and AIR Cargo heavy-lift unmanned aircraft systems. The order book includes 3,290 units of the two-seat AIR ONE and over 25 AIR Cargo units, with more than 3,300 customers on a waitlist, some having placed deposits.
The AIR ONE features a 100-mile range, top speed of 155 mph, and 550-pound payload capacity. Unveiled in 2021 at $150,000 with initial pre-orders from nearly 200 customers paying $1,000 deposits each, the aircraft employs Fly-By-Intent technology for simplified controls, redundant safety systems, and an airframe parachute. Production awaits FAA certification, expected this year, following experimental airworthiness approval in September 2025 for a Florida-based prototype.
AIR Cargo offers 70 cubic feet of cargo space and 550-pound capacity. Two units have been delivered, with over 20 more slated for this year amid active production. Book revenue tops $35 million from these UAS, ground control stations, servicing, and parts.
Recent milestones include a central Israel production facility opening, $23 million Series A funding in July 2025, and ongoing FAA Light Sport Aircraft review. Customer identities for AIR ONE orders remain undisclosed, leaving firm commitments versus reservations unclear.