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Pegasus Aerospace signs 300-unit distribution agreement

Pegasus Aerospace Press Release | January 6, 2025

Estimated reading time 4 minutes, 10 seconds.

Pegasus Aerospace, a Nevada-based company, has signed a 300-unit flying car global distribution agreement which greatly expands the company’s international footprint.

Pegasus recently signed a formal distribution agreement with Aeroauto, a prominent global advanced air mobility sales and service platform, paving the way for the exclusive distribution of 300 units of Pegasus’ E Model flying car across North and South America and the Middle East.

In 2025 the partners will initially offer 30 units across their global customer network to meet the ever-growing demand for advanced air mobility solutions.

Michael Yang, founder and CEO of Pegasus Aerospace, reflected on the excitement inherent in participating in the dynamic mobility sector, saying: “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.”

Sean Borman, CEO of Aeroauto, noted: “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.”

With its cutting-edge technological advantages and superior product performance, the Pegasus E Model flying car has attracted considerable attention across the globe.

Boasting vertical take-off and landing capabilities, long flight range, and hybrid technology, as well as the integration of intelligent navigation and advanced safety systems, the E model meets a wide range of needs, including urban transportation, short-distance commuting, and emergency rescue.

In fact, the Pegasus E does not merely fly, it also drives like a sports car on the road and thus is a flying car in the true sense of the word. These competitive leading-edge features ensure that Pegasus is firmly positioned as a leader in the international flying car market.

From its inception, Pegasus has been committed to promoting the development of the advanced air mobility sector.

The latest agreement with Aeroauto marks Pegasus’ arrival as an international player in the AAM market and also lays a critical foundation for the Company’s future growth.

Pegasus’ strategic plans call for continuous market development, promoting technological innovation, and achieving rapid growth via iterative rounds of funding and strategic partnerships.

The conclusion of this agreement with Aeroauto is a key step in Pegasus’ global growth strategy and further strengthens the company’s leading position in the advanced air mobility sector

Pegasus Aerospace, a flying car manufacturer with roots in Australia, is based in Las Vegas, Nevada, and produces advanced aircraft that are also fully roadable.

Aeroauto, a global distributor of advanced air mobility solutions and service, is based in Royal Palm Beach Florida.

The information contained in this press release includes forward looking statements and estimates.

This press release was prepared and distributed by Pegasus Aerospace.

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