Aeroauto Agrees to Distribute Land Rotor eVTOL in Deal Worth Up to $700M

The eVTOL dealer commits to delivering as many as 10,000 Land Rotor Sportsters by 2030.

Jack Daleo

Tuesday, September 19, 2023 at 04:24 PM ET

Verified

Land Rotor’s Sportster flying car sits in a driveway. [Courtesy: Land Rotor]

Key Takeaways:

Land Rotor is introducing its "Sportster" flying sports car through "Drone Ride" amusement park attractions, starting in Orlando, as a low-risk strategy to test components, gather data, and familiarize the public with advanced air mobility (AAM) technology.
The company has an exclusive distribution agreement with Aeroauto to deliver up to 10,000 Sportsters globally by 2030, aiming to make the approximately $70,000 "air terrain vehicle" accessible and affordable for the mass consumer market.

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Orlando, Florida, is an amusement park goer’s dream. But nestled between two of the city’s top destinations is a ride like no other.

Sandwiched by Universal Studios and SeaWorld, the Drone Ride, currently under development, will be operated by Orlando-based flying sports car manufacturer Land Rotor. The attraction will feature a prototype of the company’s advanced air mobility (AAM) Sportster—unveiled in full last week—tethered to the ground inside a building. But the vehicle won’t be boxed in for long.