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{{Infobox company
{{Infobox company
| type = [[Privately held company|Private]]
| type = [[Privately held company|Private]]
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== History ==
== History ==
[[File:4X-HYL A.jpg|thumb]]
[[File:4X-HYL A.jpg|thumb]]
The company was founded in [[2017]] by Rani Plaut (CEO), Chen Rosen (CTO), and Netanel Goldberg to develop and manufacture  eVTOL (electric vertical takeoff and landing) aircraft. Its investors since its establishment include Entree Capital Dr. [[Shmuel Harlap]] and [[Gil Agmon]].<ref name=":1">{{Cite news |date=2025-11-25 |title=An electric plane in your garage |url=https://en.globes.co.il/en/article-an-electric-plane-in-your-garage-1001527524 |access-date=2026-10-11 |work=Globes |language=en}}</ref><ref name=":2">{{Cite news |last=גלעד |first=אסף |date=2025-11-20 |title=עם משקיעים חזקים: הישראלי וחלום המכונית המעופפת |url=https://www.globes.co.il/news/article.aspx?did=1001526814 |access-date=2026-10-11 |work=Globes}}</ref>
The company was founded in [[2017]] by Rani Plaut (CEO), Chen Rosen (CTO), and Netanel Goldberg to develop and manufacture  eVTOL (electric vertical takeoff and landing) aircraft. Its investors since its establishment include Entree Capital Dr. [[Shmuel Harlap]] and [[Gil Agmon]].<ref name=":1">{{Cite news |date=2025-11-25 |title=An electric plane in your garage |url=https://en.globes.co.il/en/article-an-electric-plane-in-your-garage-1001527524 |access-date=2026-10-11 |work=Globes |language=en}}</ref><ref name=":2">{{Cite news |last=גלעד |first=אסף |date=2025-11-20 |title=עם משקיעים חזקים: הישראלי וחלום המכונית המעופפת |url=https://www.globes.co.il/news/article.aspx?did=1001526814 |access-date=2026-10-11 |work=Globes}}</ref><ref>{{Cite web |last=Gosavi |first=Atharva |title=From test flights to revenue: How AIR quietly reached eVTOL maturity |url=https://interestingengineering.com/innovation/from-test-flights-to-revenue-how-air-quietly-reached-evtol-maturity |access-date=2026-10-17 |website=Interesting Engineering |language=en}}</ref>


In October 2021, the company unveiled the [[prototype]] of the AIR ONE.<ref>{{Cite web |last=AIR |title=AIR Unveils AIR ONE: The eVTOL Empowering Consumers with the Freedom to Fly |url=https://www.prnewswire.com/il/news-releases/air-unveils-air-one-the-evtol-empowering-consumers-with-the-freedom-to-fly-301403319.html |access-date=2026-10-11 |website=www.prnewswire.com |language=en}}</ref><ref name=":1"/><ref>{{Cite news |date=2021-10-20 |title=Israeli startup AIR unveils aircraft to be used like cars |url=https://en.globes.co.il/en/article-israeli-startup-air-unveils-aircraft-for-use-as-car-1001387981 |access-date=2026-10-11 |work=Globes |language=en}}</ref><ref name="flyingmag">{{Cite web |date=2022-08-18 |title=CEO Shows FLYING the Air One Personal eVTOL for GA Pilots |url=https://www.flyingmag.com/ceo-shows-flying-the-air-one-personal-evtol-for-ga-pilots/ |access-date=2026-10-11 |website=www.flyingmag.com |language=en-US}}</ref><ref>{{Cite web |title=AIR VEV AIR ONE Cargo (production model) |url=https://evtol.news/air-vev-air-one-cargo |access-date=2026-10-17 |website=evtol.news |language=en}}</ref>
In October 2021, the company unveiled the [[prototype]] of the AIR ONE.<ref>{{Cite web |last=AIR |title=AIR Unveils AIR ONE: The eVTOL Empowering Consumers with the Freedom to Fly |url=https://www.prnewswire.com/il/news-releases/air-unveils-air-one-the-evtol-empowering-consumers-with-the-freedom-to-fly-301403319.html |access-date=2026-10-11 |website=www.prnewswire.com |language=en}}</ref><ref name=":1"/><ref>{{Cite news |date=2021-10-20 |title=Israeli startup AIR unveils aircraft to be used like cars |url=https://en.globes.co.il/en/article-israeli-startup-air-unveils-aircraft-for-use-as-car-1001387981 |access-date=2026-10-11 |work=Globes |language=en}}</ref><ref name="flyingmag">{{Cite web |date=2022-08-18 |title=CEO Shows FLYING the Air One Personal eVTOL for GA Pilots |url=https://www.flyingmag.com/ceo-shows-flying-the-air-one-personal-evtol-for-ga-pilots/ |access-date=2026-10-11 |website=www.flyingmag.com |language=en-US}}</ref><ref>{{Cite web |title=AIR VEV AIR ONE Cargo (production model) |url=https://evtol.news/air-vev-air-one-cargo |access-date=2026-10-17 |website=evtol.news |language=en}}</ref>
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In June 2022, the company completed its first successful full-scale hover flight in Israel.<ref>{{Cite web |date=2022-07-12 |title=AIR Completes First Successful eVTOL Hover Flight |url=https://www.designdevelopmenttoday.com/industries/aerospace/news/22327264/air-completes-first-successful-evtol-hover-flight |access-date=2026-10-11 |website=Design and Development Today |language=en-us}}</ref> By late 2023, the company shifted part of its operations to the [[United States]], establishing a flight test center near [[West Palm Beach, Florida]].<ref>{{Cite web |date=2025-09-03 |title=AIR Expands U.S. eVTOL Operations |url=https://avweb.com/aviation-news/air-expands-personal-evtol-testing-in-us/ |access-date=2026-10-11 |website=avweb.com |language=en-US}}</ref>
In June 2022, the company completed its first successful full-scale hover flight in Israel.<ref>{{Cite web |date=2022-07-12 |title=AIR Completes First Successful eVTOL Hover Flight |url=https://www.designdevelopmenttoday.com/industries/aerospace/news/22327264/air-completes-first-successful-evtol-hover-flight |access-date=2026-10-11 |website=Design and Development Today |language=en-us}}</ref> By late 2023, the company shifted part of its operations to the [[United States]], establishing a flight test center near [[West Palm Beach, Florida]].<ref>{{Cite web |date=2025-09-03 |title=AIR Expands U.S. eVTOL Operations |url=https://avweb.com/aviation-news/air-expands-personal-evtol-testing-in-us/ |access-date=2026-10-11 |website=avweb.com |language=en-US}}</ref>


=== 2025 ===
In late 2025, the company delivered its first unmanned cargo aircraft, the Athe AIR 120D, which can carry a payload of 550 lbs. The self piloted, two-seat AIR ONE, was granted [[Federal Aviation Administration]] (FAA) airworthiness that same year.<ref name=":1" /><ref>{{Cite web |date=2025-12-10 |title=Israeli startup develops heavy cargo drone for military use |url=https://defence-blog.com/israeli-startup-develops-heavy-cargo-drone-for-military-use/ |access-date=2026-10-11 |website=The Defence Blog – Military and Defense News |language=en-US}}</ref><ref>{{Cite web |last=Bovenizer |first=Noah |date=2024-06-18 |title=AIR launches cargo version of flagship AIR ONE eVTOL |url=https://www.airport-technology.com/news/air-cargo-version-air-one-evtol/ |access-date=2026-10-11 |website=Airport Technology |language=en-US}}</ref><ref>{{Cite web |title=FAA Grants Experimental Airworthiness Certification for Air One eVTOL {{!}} AIN |url=https://www.ainonline.com/aviation-news/futureflight/2025-09-02/faa-grants-experimental-airworthiness-certification-air-one |access-date=2026-10-11 |website=Aviation International News |language=en}}</ref><ref name=":2" /><ref>{{Cite web |last=Orbach |first=Meir |date=2026-04-21 |title=Israel’s AIR looks to bring aviation into the consumer era |url=https://www.calcalistech.com/ctechnews/article/o45dg1w0s |access-date=2026-10-11 |website=ctech |language=en}}</ref>
In late 2025, the company delivered its first unmanned cargo aircraft, the Athe AIR 120D, which can carry a payload of 550 lbs. The self piloted, two-seat AIR ONE, was granted [[Federal Aviation Administration]] (FAA) airworthiness that same year.<ref name=":1" /><ref>{{Cite web |date=2025-12-10 |title=Israeli startup develops heavy cargo drone for military use |url=https://defence-blog.com/israeli-startup-develops-heavy-cargo-drone-for-military-use/ |access-date=2026-10-11 |website=The Defence Blog – Military and Defense News |language=en-US}}</ref><ref>{{Cite web |last=Bovenizer |first=Noah |date=2024-06-18 |title=AIR launches cargo version of flagship AIR ONE eVTOL |url=https://www.airport-technology.com/news/air-cargo-version-air-one-evtol/ |access-date=2026-10-11 |website=Airport Technology |language=en-US}}</ref><ref>{{Cite web |title=FAA Grants Experimental Airworthiness Certification for Air One eVTOL {{!}} AIN |url=https://www.ainonline.com/aviation-news/futureflight/2025-09-02/faa-grants-experimental-airworthiness-certification-air-one |access-date=2026-10-11 |website=Aviation International News |language=en}}</ref><ref name=":2" /><ref>{{Cite web |last=Orbach |first=Meir |date=2026-04-21 |title=Israel’s AIR looks to bring aviation into the consumer era |url=https://www.calcalistech.com/ctechnews/article/o45dg1w0s |access-date=2026-10-11 |website=ctech |language=en}}</ref>
[[File:4X-YHL B.webp|thumb]]
[[File:4X-YHL B.webp|thumb]]
In July 2025, the company raised US$23 million in a funding round led by Israeli venture capital firm Entrée Capital.<ref>{{Cite web |title=AIR Secures $23M in Series A Funding to Accelerate U.S. Expansion and Deliver Multi-Domain eVTOLs at Scale |url=https://entreecap.com/resource/news/airev-raises-23m-series-a |access-date=2026-10-11 |website=Entrée Capital |language=en-US}}</ref><ref name=":2" /><ref>{{Cite web |last=Orbach |first=Meir |date=2025-07-30 |title=Israel’s AIR raises $23M to scale electric aircraft for personal and cargo use |url=https://www.calcalistech.com/ctechnews/article/rknmoyddxx |access-date=2026-10-11 |website=ctech |language=en}}</ref>
In July 2025, the company raised US$23 million in a funding round led by Israeli venture capital firm Entrée Capital.<ref>{{Cite web |title=AIR Secures $23M in Series A Funding to Accelerate U.S. Expansion and Deliver Multi-Domain eVTOLs at Scale |url=https://entreecap.com/resource/news/airev-raises-23m-series-a |access-date=2026-10-11 |website=Entrée Capital |language=en-US}}</ref><ref name=":2" /><ref>{{Cite web |last=Orbach |first=Meir |date=2025-07-30 |title=Israel’s AIR raises $23M to scale electric aircraft for personal and cargo use |url=https://www.calcalistech.com/ctechnews/article/rknmoyddxx |access-date=2026-10-11 |website=ctech |language=en}}</ref><ref>{{Cite web |last=Park |first=Kate |date=2025-07-30 |title=AIR lands $23M to bring its eVTOLs to the US |url=https://techcrunch.com/2025/07/30/air-secures-23m-to-boost-u-s-expansion-and-evtol-innovation/ |access-date=2026-10-17 |website=TechCrunch |language=en-US}}</ref>


=== 2026 ===
In February 2026, the company and Singapore-based [[ST Engineering]] announced the launch of a new unmanned [[electric vertical take-off and landing]] (eVTOL) aircraft called the DrN-600.<ref>{{Cite news |last=Shahaf |first=Tal |last2=Shahaf |first2=Tal |date=2026-02-02 |title=‘The next generation of drones’: Israeli-Singaporean cargo aircraft aims to reshape the market |url=https://www.ynetnews.com/business/article/r1f0xm0811g |access-date=2026-10-11 |work=Ynetglobal |language=en}}</ref>
In February 2026, the company and Singapore-based [[ST Engineering]] announced the launch of a new unmanned [[electric vertical take-off and landing]] (eVTOL) aircraft called the DrN-600.<ref>{{Cite news |last=Shahaf |first=Tal |last2=Shahaf |first2=Tal |date=2026-02-02 |title=‘The next generation of drones’: Israeli-Singaporean cargo aircraft aims to reshape the market |url=https://www.ynetnews.com/business/article/r1f0xm0811g |access-date=2026-10-11 |work=Ynetglobal |language=en}}</ref>


In March 2026, the company reported sales of more than 25 unmanned AIR 120D aircraft and pre-orders for the AIR ONE aircraft exceeding 3,300 customers.<ref>{{Cite news |last=Orbach |first=Meir |date=2026-03-27 |title=Israeli startup AIR secures $1 billion in orders for personal electric aircraft with 3,300 buyers waiting |url=https://www.ynetnews.com/business/article/r1ejrlnowx |access-date=2026-10-11 |work=Ynetglobal |language=en}}</ref><ref name="flyingmag"/><ref>{{Cite web |last=אורבך |first=מאיר |date=2026-03-25 |title=הסטארט-אפ הישראלי AIR צבר הזמנות של מיליארד דולר למטוס האישי שלו {{!}} כלכליסט |url=https://www.calcalist.co.il/calcalistech/article/ryljmswowl |access-date=2026-10-11 |website=calcalist |language=he}}</ref><ref>{{Cite web |last=Orbach |first=Meir |date=2026-03-25 |title=Israeli eVTOL startup AIR secures $1 billion in orders for personal aircraft |url=https://www.calcalistech.com/ctechnews/article/hkqf9p11jwx |access-date=2026-10-11 |website=ctech |language=en}}</ref><ref>{{Cite news |last=Shahaf |first=Tal |last2=Shahaf |first2=Tal |date=2026-04-15 |title=A fraction of helicopter cost: Israeli cargo eVTOL draws US interest as Hormuz crisis reshapes logistics |url=https://www.ynetnews.com/business/article/hkbakf6nzl |access-date=2026-10-11 |work=Ynetglobal |language=en}}</ref>
By 2026, AIR had progressed from aircraft prototyping to aircraft manufacturing, with delivered aircraft, ongoing operational activity, and investment from institutional investors. These developments reflect the company’s progress toward establishing itself as an original equipment manufacturer (OEM) in the aerospace industry.<ref>{{Cite web |last=Gosavi |first=Atharva |title=From test flights to revenue: How AIR quietly reached eVTOL maturity |url=https://interestingengineering.com/innovation/from-test-flights-to-revenue-how-air-quietly-reached-evtol-maturity |access-date=2026-10-17 |website=Interesting Engineering |language=en}}</ref>
 
In March 2026, the company reported sales of more than 25 unmanned AIR 120D aircraft and pre-orders for the AIR ONE aircraft exceeding 3,300 customers.<ref>{{Cite news |last=Orbach |first=Meir |date=2026-03-27 |title=Israeli startup AIR secures $1 billion in orders for personal electric aircraft with 3,300 buyers waiting |url=https://www.ynetnews.com/business/article/r1ejrlnowx |access-date=2026-10-11 |work=Ynetglobal |language=en}}</ref><ref name="flyingmag" /><ref>{{Cite web |last=אורבך |first=מאיר |date=2026-03-25 |title=הסטארט-אפ הישראלי AIR צבר הזמנות של מיליארד דולר למטוס האישי שלו {{!}} כלכליסט |url=https://www.calcalist.co.il/calcalistech/article/ryljmswowl |access-date=2026-10-11 |website=calcalist |language=he}}</ref><ref>{{Cite web |last=Orbach |first=Meir |date=2026-03-25 |title=Israeli eVTOL startup AIR secures $1 billion in orders for personal aircraft |url=https://www.calcalistech.com/ctechnews/article/hkqf9p11jwx |access-date=2026-10-11 |website=ctech |language=en}}</ref><ref>{{Cite news |last=Shahaf |first=Tal |last2=Shahaf |first2=Tal |date=2026-04-15 |title=A fraction of helicopter cost: Israeli cargo eVTOL draws US interest as Hormuz crisis reshapes logistics |url=https://www.ynetnews.com/business/article/hkbakf6nzl |access-date=2026-10-11 |work=Ynetglobal |language=en}}</ref>
 
Also in 2026 it was published that AIR's latest aircraft, designed for heavy-duty cargo operations, completed its first full flight in a production-ready configuration.<ref>{{Cite web |last=Sinha |first=Sujita |date=2026-04-16 |title=New heavy-lift cargo eVTOL aces first flight with 550-pound payload |url=https://interestingengineering.com/photo-story/air-cargo-evtol-flies-first-mission |access-date=2026-10-17 |website=Interesting Engineering |language=en}}</ref>


== References ==
== References ==