Alef Aeronautics receives a $105 million pre-order for 350 flying cars

Alef Aeronautics receives a $105 million pre-order for 350 flying cars

22-Dec-2022 Source: Alef Aeronautics

Alef Aeronautics receives a $105 million pre-order for 350 flying cars.

– The agreement for a purchase of 350 flying cars was signed with a Hong Kong based company that is a leading technology provider in the aviation space.
– Alef also reported a presale of an undisclosed number of flying cars, in the first 6 weeks since opening, on https://alef.aero.
– This is the largest order in history for flying cars with driving and vertical takeoff.

Alef Aeronautics, an advanced technology company from San Mateo, CA, creating the world’s first flying car, today announced an agreement with an undisclosed, Hong Kong based company — a leading technology provider in the aviation space — for a purchase of 350 flying cars, a $105 million pre-order.

The agreement represents a historical moment validating the flying car market, as opposed to the Electric Vertical Take off and Landing (eVTOL) market.

In addition to this agreement, Alef Aeronautics confirmed that it received a “significant” number of pre-orders through its website.

Hong Kong is an example of a city with a high density population, experiencing increasingly long traffic jams. As the number of cars increases, cities have no capacity to add more road miles. Flying cars are assumed to solve this problem, hence countries, cities, and the private sector, who depend on transportation times, are actively investing in flying cars.
As more and more governments commit to the Clean Air Policy, electric-powered flying cars are an important piece of the puzzle to help reduce carbon emissions both on the ground and in the air.

“We thank our new partners, and we are working on more similar deals in Europe, South America, Middle East and in the USA. We also want to thank and congratulate all customers who pre-ordered through our website. We are humbled that we received so many pre-orders in just 6 weeks since coming out of stealth mode,” said Jim Dukhovny, Alef’s CEO.

Alef, came out of stealth mode, and unveiled its flagship flying car on October 19, 2022, at Draper University in San Mateo, CA.
The company opened presales to B2B customers and to the public on its website https://alef.aero

The Alef “Model A” is the first and only flying car with street driving and vertical take-off. It fits within existing urban infrastructure for driving and parking. It is a 100% electric 1-2 person car. Alef “Model A” features no exposed propellers, fault-tolerant elevons, and all-wheel driving.

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