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AutoFlight

PrivateFounded 2016🇨🇳Shanghai, ChinaCEO Tian Yu (founder & chairman)

AutoFlight (Shanghai Fengfei Aviation Technology) is a Shanghai-based eVTOL developer founded by Yuneec founder Tian Yu, with R&D and certification outposts in Augsburg, Germany and Shenzhen.

Latest update Oct 16, 2026

01

Overview

It leads the world in cargo eVTOL: its autonomous 2-ton CarryAll (V2000CG) holds the complete CAAC certificate set - the world's first ton-class eVTOL type certificate (March 2024), production certificate (December 2024), and airworthiness certificate with first customer delivery (July 2025) - plus the world's first overseas eVTOL type-certificate validation, from Indonesia's DGCA in June 2026. CarryAll flies real missions, from offshore oil-platform resupply with CNOOC to mountain tea logistics in Guizhou. The passenger Prosperity, now catalogued as a 1+5 six-seat aircraft with a 200 km operational range, is in the final phase of CAAC type certification but has not been granted a type certificate as of September 2026. A 5.7-ton V5000 Matrix platform entered certification in 2026. Recent commercial paper includes a 60-aircraft Whitesky Indonesia MOU, a 150-aircraft Satar/Inno One cargo letter of intent, and a July 2026 SF Group partnership for offshore-energy logistics. Backed by ~$100M from Team Global and a strategic investment of 'hundreds of millions of dollars' from battery giant CATL.

autoflight.comUpdated Sep 7, 2026

02

What's next9

  1. 2026

    Prosperity passenger eVTOL type certification

    The CAAC accepted the Prosperity's type-certificate application in April 2024. AutoFlight said on July 22, 2026 the program is in the final phase of airworthiness certification, and the CAAC named it in a proposed first batch of passenger-eVTOL airworthiness-compliant manufacturers (alongside Aridge, EHang, and Volant). That list is a fast-track designation, not a type certificate. Official news through August 23, 2026 never announces a grant, and as of September 14 the English newsroom still has no later item. Certification would be AutoFlight's gateway from cargo into passenger flight.

  2. 2026-2027

    Convert Indonesia MOU into AutoFlight's first Southeast Asian eVTOL order

    AutoFlight and Indonesian operator Whitesky Aviation signed a non-binding MOU on August 12, 2026 in Jakarta covering 60 V2000EM Prosperity passenger eVTOL aircraft, with a cumulative potential value of about 1 billion yuan if all stages are realized. No conversion into a firm order, delivery schedule, or entry-into-service date has been disclosed as of September 2026.

  3. 2026-2027

    Convert the Satar/Inno One 150-aircraft cargo letter of intent

    The July 2026 cooperation agreement with Satar Aviasi Indonesia and Inno One Group covers an intended 150 V2000CG and V5000CGH cargo aircraft plus an Indonesian demo system. EqualOcean treats it as commercial intent, not a completed sale: no value, payments, or guaranteed volumes were disclosed.

  4. 2026-2027

    Open a Thailand sandbox or pilot program with CAAT

    After a second CAAT visit to Kunshan on August 23, 2026, Thailand's director general said CAAT looks forward to working with AutoFlight through the country's sandbox program. No aircraft order, test date, or formal sandbox award has been announced.

  5. 2026-2031

    Turn the JC Aviation MoU into later purchase agreements

03

Latest news3

  1. AutoFlight signs MOU for 60 eVTOLs in Indonesia

    AutoFlight and Indonesian operator Whitesky Aviation signed a memorandum of understanding on August 12 in Jakarta covering 60 V2000EM Prosperity passenger eVTOL aircraft, with a cumulative potential value of about 1 billion yuan if all stages are realized. The non-binding deal initially targets premium VIP air-taxi service, with Whitesky providing local operations, vertiports and support while AutoFlight supplies the aircraft.

    Urban Air Mobility News VOI

  2. CATL's 350 Wh/kg aviation battery clears world-first safety test

    CATL said its aviation battery system built on 350 Wh/kg prismatic cells passed a thermal-runaway propagation test in which two adjacent cells were triggered simultaneously at both the center and corners of the pack, with no propagation to other cells in any test, a result reported around August 9-10. China's CAAC was involved in manufacturing, inspection and testing of the cells, and CATL said the system is ready for mass production, with passenger eVTOL maker Autoflight, in which CATL is a strategic investor, first in line to use it.

    Fuel Cells Works Automotive World + CATL

  3. China names Aridge, AutoFlight, EHang on first eVTOL fast-track list

    China's aviation regulator CAAC published its first airworthiness compliance roster for passenger eVTOL makers, naming four companies including XPeng affiliate Aridge, AutoFlight, and EHang's Guangzhou equipment unit. Companies on the list get streamlined certification processing, priority handling of application materials, and cross-batch recognition of phased test results, shortening the path to commercial eVTOL operations in China.

    CnEVPost + Aridge+ EHang

04

Products3

05

Key metrics

Employees
~300
Est. annual revenue
Undisclosed

(private). Early commercial revenue from CarryAll sales - e.g. a $21.5M / 12-aircraft Hanyang deal (Feb 2025, advance payment received) - plus later non-binding MOUs. Funded by the $100M Series A and CATL's undisclosed strategic round. No newer disclosed unit economics as of September 2026.

Certifications

CarryAll: world-first ton-class cargo eVTOL TC (Mar 2024), PC (Dec 2024), AC (Jul 2025) - only ton-class eVTOL with the full CAAC set - plus world-first overseas TC validation (Indonesia DGCA, Jun 2026). Prosperity type certificate not yet granted as of September 14, 2026 - official English newsroom has no items after the August 23 CAAT visit, which discussed airworthiness but did not announce a TC grant.

Record Flight
250.3 km on a single charge

(Feb 2023) - then the world's longest eVTOL flight. Official Prosperity catalog range is now 200 km

Order Pipeline
~1,100 preorders/framework agreements

incl. EvFly (205), CITIC Offshore Helicopter + CITIC Financial Leasing (100 intent), ZTO Express (30 cargo), Falcon Aviation Services/ADNOC (50: 15 CarryAll + 35 Prosperity, signed Oct 27, 2025); plus a 50-aircraft V2000/V5000 framework MOU with Kazakhstan's Alatau Advance Air Group (AAAG, signed May 19, 2026), a 60-aircraft V2000EM Prosperity MOU with Indonesia's Whitesky Aviation (signed Aug 12, 2026, up to ~1B yuan if fully realized), and a 150-aircraft cargo letter of intent with Satar Aviasi Indonesia and Inno One Group (V2000CG and V5000CGH, announced July 2026, non-binding)

Pricing Signal
~$1.8M per aircraft

($21.5M / 157M yuan for 12 mixed cargo, firefighting and passenger units from Hanyang Investment Development Group, Feb 2025). Still the latest disclosed unit-price signal as of September 2026; later MOUs (Whitesky 60 aircraft ~1B yuan if fully realized) are non-binding and do not state a firm unit price.

Hong Kong Sandbox X

Selected 22 June 2026 for two of four UCA projects (AECOM/Chun Wo and China Travel Service). No AutoFlight first-flight announcement as of 16 Oct 2026. The English newsroom now tops at the 15 Oct JC Aviation MoU, not the 23 Aug CAAT visit.

06

Operations & revenue

Operating status

Commercial cargo operations - passenger aircraft in certification

As of 16 Oct 2026 the English newsroom tops at the 15 Oct JC Aviation MoU, not the 23 Aug CAAT visit. That MoU is not a Hong Kong Sandbox X flight and not a Prosperity type certificate. The Prosperity catalog still lists 1+5 seats, 2,400 kg MTOW, and a 200 km range, with no certificate claim. No first AutoFlight Sandbox X cargo flight appears in the English newsroom.

Revenue streams

  • Cargo eVTOL Sales & Logistics Missions

    Sales of the certified CarryAll to logistics and specialty operators (first delivery July 2025; ~$1.8M unit price signal) and revenue-type missions spanning offshore platform resupply, mountain logistics, and emergency delivery.

  • Passenger Air Taxi (planned)

    The Prosperity passenger eVTOL - official catalog now 1+5 seats, 200 km range - is in the final phase of CAAC type certification, with commercial air-taxi operations planned for 2027-2028 on corridors like the demonstrated Shenzhen-Zhuhai route.

  • International Cargo Operations

    The June 2026 Indonesian DGCA validation of the CarryAll's type certificate - a world first - clears a path for commercial inter-island cargo operations, AutoFlight's first overseas market. A July 2026 Satar/Inno One 150-aircraft letter of intent is the largest Indonesia cargo paper so far, but further operating approvals are still required and no start-of-ops date has been announced.

07

Timeline19

  1. 2026

    1. JC Aviation MoU covers 260 eVTOLs and 10 SUNSHIP platforms

      On 15 Oct 2026 AutoFlight said it signed a memorandum of understanding with Singapore-based JC Aviation. JC Aviation intends to procure a mix of CarryAll cargo, CarryAll firefighting, and Prosperity passenger aircraft between 2026 and 2031, plus 10 SUNSHIP platforms between 2026 and 2029. The initial confirmed commitment is two V2000CG CarryAll aircraft and one SUNSHIP. The broader 260-aircraft plan still needs later purchase agreements. The first markets named are India and Brazil. The release does not announce a Prosperity type certificate or a Hong Kong flight.

    2. CAAT Thailand delegation visits Kunshan for sandbox talks

      On August 23, 2026 AutoFlight hosts a Civil Aviation Authority of Thailand delegation led by Director General Air Chief Marshal Manat Chavanaprayoon, the second CAAT visit since December 2025. Talks cover airworthiness, operations, maintenance, training, and Thailand's sandbox program. No aircraft order was announced.

    3. SF Group partnership for offshore-energy low-altitude logistics

      On July 22, 2026 at the International Advanced Air Mobility Expo, AutoFlight and SF Group sign a partnership to develop air-sea mobility for offshore energy, initially offshore wind, pairing CarryAll cargo flights with AutoFlight's SUNSHIP water-based vertiport. The same release says the passenger Prosperity is in the final phase of airworthiness certification.

    4. 150-aircraft cargo letter of intent with Satar Aviasi and Inno One

      In mid-July 2026 AutoFlight signs a strategic cooperation agreement with Satar Aviasi Indonesia and Hong Kong-based Inno One Group covering an intended purchase of 150 unmanned cargo eVTOLs (V2000CG CarryAll and V5000CGH) plus a planned Indonesian operating demonstration system. EqualOcean notes it is a letter of intent, not a binding sale: no value, payments, or delivery schedule were disclosed, and further Indonesian operating approvals are still required beyond the June VTC.

    5. Selected for Hong Kong's Regulatory Sandbox X trials

      AutoFlight is chosen for the inaugural round of Hong Kong's 'Regulatory Sandbox X' low-altitude economy program (reported mid-May 2026), with its 2-tonne-class heavy-lift eVTOL used in two of the four approved projects - one led by AECOM Asia with Chun Wo Construction and Engineering, the other led by China Travel Service (Hong Kong) with China Mobile Hong Kong and Esri China (Hong Kong) - to trial cargo routes across the Guangdong-Hong Kong-Macao Greater Bay Area, starting with construction-material deliveries to remote New Territories sites. AECOM has flagged aerial-sightseeing tourism over Victoria Harbour as a possible next step once cargo safety is proven.

    6. CATL's 350 Wh/kg aviation battery clears world-first safety test, readies for mass production

      Around August 9-10, 2026, strategic investor CATL says its aviation battery system, built on 350 Wh/kg prismatic cells, passed a thermal-runaway propagation test in which two adjacent cells were triggered simultaneously at both the center and corners of the pack, with no propagation to other cells in any test. China's CAAC was involved in manufacturing, inspection, and testing of the cells. CATL says the system is ready for mass production, with AutoFlight first in line to use it.

    7. First Central Asia eVTOL flight; 50-aircraft Kazakhstan MOU

      On May 19, 2026, AutoFlight flies a 2-ton-class eVTOL in Almaty, Kazakhstan - the first advanced air mobility flight of a large eVTOL in Central Asia - in partnership with Alatau Advance Air Group (AAAG), which had already purchased and paid for aircraft. At the event AAAG signs a framework MOU to buy 50 additional V2000/V5000-series aircraft to build out low-altitude transport networks in the region; AutoFlight follows up with a Prosperity air-taxi demonstration flight at the Games of the Future in Astana on July 24.

    8. Signs MOU for 60 Prosperity eVTOLs in Indonesia

      On August 12, 2026 in Jakarta, AutoFlight and Indonesian operator Whitesky Aviation sign a memorandum of understanding covering 60 V2000EM Prosperity passenger eVTOL aircraft for the Indonesian market, with a cumulative potential value of about 1 billion yuan (roughly IDR 2.7 trillion) if all stages are realized. The non-binding agreement initially targets premium VIP air-taxi service with room to expand into broader transport, with Whitesky providing local aviation operations, vertiport development and support while AutoFlight supplies the aircraft.

08

Funding

$100Mdisclosed across 1 round with a stated amount

  1. Series A

    November 2021

    $100M

    Team Global / Lukasz Gadowski; TDK Ventures also among investors

  2. Strategic Investment

    August 2024

    'Hundreds of millions of dollars' (undisclosed)

    CATL (exclusive strategic investor), with joint aviation-battery R&D; alongside Team Global

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