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PRESS RELEASE
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Alauda Aeronautics is set to establish the world's first electric flying racing car factory in South Australia
Wednesday, 8 December 2021

The world's first electric flying racing car production facility will be established in Adelaide, South Australia. The state-of-the-art factory will produce racing vehicles for Airspeeder's forthcoming racing series and has been earmarked to potentially be located within the Australian Space Park. Australia's first dedicated space manufacturing hub will be co-funded by the Government of South Australia and will include the world's first electric flying racing car factory.

The establishment of Alauda Aeronautics' factory reflects the increasing strategic and economic importance of South Australia's rapidly growing space and aerospace industries: the eVTOL (electric vertical take-off and landing) sector, in particular, is predicted to be worth over $1.5 trillion by 2040. In total, $20 million (AUS) has been committed to this advanced development, engineering, and production hub. The establishment of the factory forms part of a much wider development of dedicated technology space.

Fleet Space Technologies – also co-founded by Alauda Aeronautics and Airspeeder CEO, Matt Pearson – will also establish its manufacturing and R&D hub in the same vicinity, paving the way for knowledge and facilities sharing with tech entities at the cutting edge of their respective fields.

Alauda Aeronautics has already proven its technological and commercial approach through the creation of the world's full-scale first electric flying racing cars. Alauda Mk3 craft took part in historic debut test flights and the first-ever test race in the deserts that surround the firm's current HQ in Adelaide. Certainly, South Australia has proven the perfect testing ground for a sport that is developing the fundamental digital infrastructure that will underpin the electric flying car mobility revolution.

The company has gathered a world-class team comprising of senior technical, design and engineering talent from Airbus, Boeing, Brabham, Ferrari, McLaren, Jaguar-Land Rover and Rolls-Royce, and is now entering full production ahead of the first of Airspeeder's EXA Series races in 2022. Airspeeder teams from around the world will take delivery of vehicles that represent the very first of their kind in the world.

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