The concept for a human-piloted, flying vehicle racing series was developed by Matt Pearson. His company developed a prototype over the course of two years in a warehouse in Sydney, Australia. The craft, an eVTOL
quadcopter, was debuted in December 2017. In April 2020, Airspeeder raised an undisclosed amount in a seed funding round led by Saltwater Capital, Jelix Ventures, Equals, and
DHL. Throughout this time, Airspeeder craft made frequent test runs which were documented on the Airspeeder
YouTube channel. Whilst performing a demonstration flight at Goodwood Aerodrome, West Sussex on 4 July 2019 the remote pilot lost control of the 95 kg unmanned aircraft, an Alauda Airspeeder Mk II scale demonstrator. After the loss of control had been confirmed by the remote pilot, the safety ‘kill switch’ was operated but had no effect. 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. It crashed in a field of crops approximately 40m from occupied houses and 700m outside of its designated operating area. Fortunately, there were no injuries. took place in the South Australian desert. It was the first successful test flight. The first remotely-piloted drag race between two Airspeeder craft took place again in the South Australian desert in November 2021. Also in 2021, Airspeeder received additional funding from
Telstra. 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. The South Australian Government announced it will invest $20 million in the Space Park, while the Federal Government is providing an additional $20 million in funding. In May 2022, Airspeeder conducted its first eVTOL circuit race in Lochiel, South Australia. 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. Competing in challenging wet conditions, Walsh outpaced opponents Lexie Janson and
Bruno Senna. ==Vehicles==