Startups Israeli startup makes inroads with personal flying vehicle By Reuters December 22, 2022 REUTERS/Amir Cohen The electric vertical takeoff and landing aircraft will hit the market at the end of 2024 An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned flight, a milestone the developer says will help it reach the market in the next two years. The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky. But this one, being developed by Israeli startup AIR, will be able to carry two people – an operator and passenger – as far as 100 miles on a single charge, the company says. AIR, and many competitors around the world, are betting this kind of travel will eventually become commonplace. “This is a major milestone,” said CEO and co-founder Rani Plaut. “We have transitioned today to forward flight bringing (closer) our dream of mass production of the AIR One.” There are still many significant obstacles to pass before people can expect to fly themselves across cities in small vehicles like this – including creating regulations and commercialising the technology. AIR’s next test phase is with someone onboard, Plaut said. He hopes their electric vertical takeoff and landing, or eVTOL, aircraft will hit the market at the end of 2024 at a base price of $150,000. Average day-to-day speed will be about 160 kph at an altitude of 1,200 feet, Plaut said.