Home Featured Alef flying car receives limited FAA Special Airworthiness Certification

Alef flying car receives limited FAA Special Airworthiness Certification

by S. Jack Heffernan Ph.D
  • Alef unveiled its “Model A” flying car in October 2022 and has since received strong pre-orders from individuals and companies
  • Alef’s flying car is both road drivable on public roads and has vertical takeoff and landing capabilities
  • Alef is taking deposits for pre-orders for its “Model A” car for $300,000 on it’s website

Alef Aeronautics, a sustainable mobility company that is designing and developing a flying car, announced today that it received a Special Airworthiness Certification from the U.S. Federal Aviation Administration, marking the first time a vehicle of this nature has received legal approval to fly from the US Government.

The FAA is actively working on its policies for electrical vertical takeoff and landing (eVTOL) vehicles, as well as governing interactions between eVTOLs and ground infrastructure. Alef’s Special Airworthiness Certificate therefore limits the locations and purpose for which Alef is permitted to fly.

Alef emerged from stealth in October 2022 with the unveil of its full-sized sports car model along with two working full-size technology demonstrator cars. It has since received strong pre-orders from both individuals and companies. Alef’s flying car is 100% electric, drivable on public roads and has vertical takeoff and landing capabilities. The car will carry one or two occupants.

“We’re excited to receive this certification from the FAA. It allows us to move closer to bringing people an environmentally friendly and faster commute, saving individuals and companies hours each week. This is a one small step for planes, one giant step for cars,” said Jim Dukhovny, CEO of Alef.

About Alef: Alef, based in San Mateo, CA, is a sustainable electric transportation company designing and developing a road-legal passenger car capable of achieving vertical takeoff and forward flight. Alef was founded in 2015 by Jim Dukhovny, Konstantin Kisly, Pavel Markin, Oleg Petrov in Palo Alto, California. Alef’s investors include Draper Associates, Impact VC, Draper B1, Bronco Ventures, Strong VC, Louis Scola, Jim Boettcher, Jim Hurd, Jason Gorrie, Chinney, Knollwood Advisory and others. Alef recently announced the opening of a new fundraising round. More information can be found at https://alef.aero.

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

Latest Articles

© 2023 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.