Pegasus Aerospace, Aeroauto to launch flying cars in the Middle East
Nevada-headquartered flying cars manufacturer, Pegasus Aerospace, has taken a major step towards expanding its global footprint by signing a distribution agreement with a leading advanced air mobility (AAM) sales and services provider, Aeroauto.
The agreement grants Aeroauto the exclusive rights to distribute 300 units of Pegasus’ E Model flying car across North and South America and the Middle East.
Beginning in 2025, the companies will launch the initiative by offering 30 units to their global customer network, aiming to meet the growing demand for innovative air mobility solutions.
Advanced technology
Michael Yang, founder and CEO of Pegasus Aerospace, shared excitement about the deal and its potential to transform mobility.
“It has always been my dream to provide 3D, airborne solutions to the congestion and constraints of the world as we know it, and with this agreement with Aeroauto, we are taking a big step forward in offering consumers true mobility and convenience in the air,” he said.
Similarly, Sean Borman, CEO of Aeroauto, expressed his optimism, stating, “We are delighted to welcome Pegasus Aerospace to our global lineup of advanced air mobility solutions, and we look forward to a long and fruitful partnership.”
In 2024, Pegasus Aerospace achieved airworthiness certification from the Civil Aviation Safety Authority (CASA) of Australia and advanced its efforts toward Federal Aviation Administration (FAA) approval in the US.
Additionally, the company bolstered its presence in Nevada and Minnesota, setting the stage for certification and registration processes to ensure seamless operations in these key regions.
In recent years, the Pegasus E Model flying car has gained considerable attention for its advanced technology and exceptional performance.
The car features vertical take-off and landing (VTOL) capabilities, hybrid technology, long flight range, advanced navigation systems, and safety features.
Furthermore, it is designed for a variety of applications, including urban transportation, short-distance commuting, and emergency rescue.
Uniquely, the E Model also functions as a road vehicle, enabling seamless transitions between air and ground travel.
Moreover, looking to the future, Pegasus Aerospace plan to prioritise technological innovation, market expansion, and accelerated growth through strategic partnerships and successive funding rounds.