This marks the third contract with ADMC totaling over a €1 billion in orders
OXNARD, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) -- In a joint announcement today between Arabian Development and Marketing Corporation (ADMC) and Sabrewing Aircraft Company, Inc., the two companies stated that ADMC had ordered 53 of the record-breaking heavy-lift cargo uncrewed aerial vehicle (UAV). This event comes on the heels of Sabrewing's Rhaegal-A "Alpha" aircraft's first world record breaking flight.
"We had a phenomenal response to our first flight announcement," said Ed De Reyes, CEO of Sabrewing. "We are meeting our customers' requests of carrying large volumes of cargo while lifting heavy payloads of weight."
This September, Sabrewing announced that it had flown its first flight with a record-breaking 829 pound/374 kg payload - the most for any commercial cargo UAV. According to De Reyes, the Rhaegal-A has continued to fly and lift heavy payloads as part of its final development program.
ADMC currently has 128 orders for Sabrewing's Rhaegal-B "Bravo" aircraft, that is capable of lifting 5,400 pounds/2,450 kg vertically and up to 10,000 pounds/4,535 kg conventionally. Both the "Alpha" and "Bravo" models are capable of taking off vertically. They are the only cargo UAV capable of taking off both vertically and conventionally (as a fixed-wing aircraft).
De Reyes continued, "Because we already have the molds, hardware, software and avionics from our first aircraft, we've completed the majority of the development work on the Alpha model aircraft. We were looking for a launch customer to start production. ADMC found customers who were interested in buying and leasing the cargo UAV. We had an overwhelming response to our first flight, and interest skyrocketed from day one of the announcement."
De Reyes added, "On our very first flight, we carried a payload that beat the highest planned payload capacity of the closest competitor by almost 500 pounds, and with over four times more volume than the closest competitors. Since our first payload was only about one-third of what we can carry, we knew it was going to attract a lot of customers who have the need to carry a ton or more of cargo in a large cargo bay."
Ayman Zeibak, General Manager of ADMC, noted, "We are the first launch customer for the Bravo aircraft, ordering 128 of Sabrewing's Rhaegal-B "Bravo" aircraft valued at over €768 million. We now have a mix of highly versatile aircraft to lease to our African and Middle Eastern customers."
Zeibak noted, "The Sabrewing Alpha is just the right size for some of the smaller air cargo companies who don't have contracts with FedEx, DHL or another major carrier, but have the need to carry 1000 kilos of bulk cargo to remote locations on a regular basis."
This launch order represents an additional €260 million in revenue for Sabrewing, as well as the launch of an additional product line. De Reyes also said that they expect to begin delivering the first Alpha models for type certification testing by the beginning of the 3rd quarter of 2023.
About Sabrewing Aircraft Company
Sabrewing Aircraft Company was founded in 2016 and built the prototype aircraft in Hayward, California. The Sabrewing team has over 98 years of aircraft design and manufacturing experience, and the flight test team has over 145 years of flight test and certification experience with the FAA, EASA, CAA, Air Transport Canada, and several other regulatory agencies. Sabrewing's d development partners have provided an additional 46 engineers of all disciplines, making the Rhaegal aircraft the best-designed, best-in-class vehicles in the sky. For more information visit: www.sabrewingaircraft.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c4a11a4-356f-41f8-acb1-fb74e69e888b.
