[1] The aircraft, built by Alauda Aeronautics, use electric vertical take-off and landing (eVTOL) technology and are designed to be crewed by human pilots.

[4] In April 2020, Airspeeder raised an undisclosed amount in a seed funding round led by Saltwater Capital, Jelix Ventures, Equals, and DHL.

The unmanned aircraft then climbed to approximately 8,000 ft, entering controlled airspace at a holding point for flights arriving at Gatwick Airport, before its battery depleted and it fell to the ground.

[8] In June 2021, a successful remote test flight of an Airspeeder Mk3 octocopter craft[9] took place in the South Australian desert.

[13] In March 2022, Alauda Aeronautics announced it will establish a new factory at the new Australia Space Park in Adelaide, where it says it will make eVTOLs ahead of races in 2024.

[17][18][19][20][21] On December 9, 2023, Zephatali Walsh secured victory in the Airspeeder EXA Series 2023 Championship, in the first three eVTOL Speeder race held at Stonefield Airfield, South Australia.

The Airspeeder Mk2 remote-controlled uncrewed two-meter (excluding propellers) ¾ subscale model test flyer was first flown June 23, 2018.

The Mk3 features a ‘slide and lock’ system for battery replacement to make pit-stops quicker for EXA race teams.

[27] Mk4 The Airspeeder Mk4 is an upcoming crewed electric vertical take-off and landing (eVTOL) aircraft built by Alauda Aeronautics in South Australia, designed for high-performance racing.

The Mk4 is the next-generation craft designed for human pilots seated in the cockpit, harnessing their expertise and skills to navigate the challenges of the course.

[40] In March 2022, Bruno Senna, a seasoned Brazilian racing driver, joined Airspeeder as a development pilot and global ambassador.

[41][42][43] Working closely with Airspeeder's team of engineers, Senna contributes to the refinement of the company's flying car technology and safety systems.

The EXA remotely piloted race serves as the development and feeder series for the Airspeeder fully crewed Grand Prix's starting in 2024.

These augmented reality ‘gates’ with live telemetry supported by Telstra Purple, assisted the pilots in navigating the course.

These GPS-positioned gates govern the layout of the track and are displayed to pilots via the AR overlay along with race data.

[47][48] The near-live broadcast was presented by Nicki Shields and Brazilian racing driver Bruno Senna from a studio in London.

[49][50] In April 2023, Airspeeder partnered with DAZN to bring two more original programme series about the sport and technology to its global audience.