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Just a few months after setting a world record for the longest flight by an electric vertical takeoff and landing (eVTOL) aircraft, AutoFlight has delivered another world first. The company just shared footage of it showing off not one but three of its Prosperity I prototypes flying at once, and it looks awesome. Check out the full video below.

AutoFlight is a Shanghai-based sustainable aviation specialist focused on autonomous eVTOL Airtaxis. We’ve been following the company’s progress for over three years as it continues to hit new milestones with its flagship Prosperity I eVTOL.

First came proof of concept footage of Prosperity I transitioning from vertical to horizontal flight mid-air last year. AutoFlight then gave the public an encore with more extensive flight footage of the eVTOL completing a takeoff and landing a month later.

While further developing its technology in Augsburg, Germany, en route to being certified for passenger flights by the European Aviation Safety Agency (EASA) in 2025, AutoFlight took Prosperity I on a 250 km (155 mi) journey through the air – a new world record for eVTOLs.

These public demonstrations have not only caught our attention as electric mobility enthusiasts but also Airtaxi networks like EVFLY, who committed to purchasing over 200 Prosperity I Passenger and Cargo aircraft in March.

These days, AutoFlight may be looking to entice additional customers by showcasing its latest milestone video, flying three Prosperity eVTOLs at once.

  • three eVTOL

Watch AutoFlight fly three eVTOLs side-by-side

Early this morning, AutoFlight shared a press release outlining the details of the video seen below. The footage features a recent test flight of three Prosperity “proof of concept” eVTOL prototypes produced in the last 12 months, taking off and creating a formation flight side-by-side.

Since eVTOL travel remains such a nascent segment in which many competitors have not even completed a test flight, seeing three in the sky at once is a sight, and AutoFlight is touting it as a world first.

The three generations of eVTOL took to the air together and flew for about 42 minutes in total at different altitudes and durations. The top speed reached was 230 km/h (143 mph). Per AutoFlight:

The three aircraft flew at different heights and for different durations. The earliest iteration of Prosperity flew at an altitude of 80m and covered 28km in 12 minutes, the next flew at an altitude of 100m covering 91km in 35 minutes and the latest model covered 120km in 42 minutes achieving an altitude of 120m. All three aircraft transitioned in and out of horizontal and vertical flight whilst in formation

With another key milestone checked off, AutoFlight states it is still planning to transition its eVTOL prototypes into production next year, beginning with the aforementioned Cargo version of the Prosperity I that will first operate in Asia. The company says it will use that version to inform the development of the passenger version to follow “in the coming years” as it meets aviation safety standards required for airliner certification.

As promised, here is the video of the three eVTOLs in formation below.

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Saudi Aramco upholds dividend despite drop in first-quarter profits

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Saudi Aramco upholds dividend despite drop in first-quarter profits

Maxim Shemetov | Reuters

Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production.

Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported. The figure was in line with analyst expectations, according to Reuters.

Aramco announced its free cash flow for the quarter at $22.8 billion, down from $30.9 billion in the first quarter of 2023, and cash flow from operating activities at $33.6 billion compared to last year’s $39.6 billion.

Still, the Saudi state oil giant will be delivering a total $31 billion dividend to the Saudi government and other shareholders, comprised of a $20.3 billion base dividend and a “fourth performance-linked dividend distribution of $10.8 billion” which will be paid in the second quarter, the company’s earnings statement said.

Aramco, which is the world’s largest oil exporter, expects total dividends of $124.3 billion to be declared in 2024, it said.

The company has also invested significantly into downstream operations and gas discovery and production.

Aramco President and CEO Amin Nasser was quoted as saying in the earnings release: “We also continue to execute our long-term strategy, and in the first quarter made significant progress on expanding our gas business and growing our globally-integrated downstream value chain, while maintaining our focus on consistently delivering value for our shareholders.”

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BP misses expectations as profits slip on weaker oil and gas prices

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BP misses expectations as profits slip on weaker oil and gas prices

A BP gas station in Madrid, Spain.

Sopa Images | Lightrocket | Getty Images

BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a “significantly weaker” margin in fuels and lower gas and oil prices.

The British energy giant logged underlying replacement cost profit, used as a proxy for net profit, of $2.7 billion. That was down from $3 billion the previous quarter and compared with an estimate in an LSEG-compiled consensus of $2.9 billion.

The results reflect lower oil and gas realizations and a “significantly weaker” fuels margin, the company said in its Tuesday statement.

BP’s profits were lower than in the same period in 2023, when they totaled nearly $5 billion. Many of the company’s peers in the oil and gas industry have also seen a decline in year-on-year first-quarter profits due to a sharp fall in gas market prices.

European gas stocks were at a record high this winter, as countries guarded against a drop-off in Russian supplies following the country’s full-scale invasion of Ukraine in 2022.

BP rival Shell last week reported reported adjusted earnings of $7.7 billion for the first three months of the year, down from $9.6 billion in 2023.

Energy firms have nonetheless maintained a focus on shareholder returns. BP on Tuesday recommitted to share buybacks of $3.5 billion for the first half of 2024.

CEO Murray Auchincloss noted the firm’s “resilient quarter” and said BP was continuing to simplify its business to deliver $2 billion in cash cost savings by the end of 2026.

The company in January appointed Auchincloss as permanent CEO. His predecessor Bernard Looney resigned after less than four years in the post due to undisclosed personal relationships with colleagues prior to becoming CEO.

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Report: Apple mulling potential partnership with Rivian – 9to5Mac

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Report: Apple mulling potential partnership with Rivian - 9to5Mac

Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility of teaming up with a certain US EV startup, and Rivian is a very likely candidate.”

The report says that there is “speculation among supply chains” that Apple is investigating teaming up with an EV startup. DigiTimes suggests that Apple could take its 10 years of EV and autonomous driving research and team up with another company instead of making its own car.

While it’s “uncertain what form such a collaboration could take,” this report suggests that Rivian is the leading candidate, based on supply chain sources.

There are no other details provided in the DigiTimes report. It’s unclear what a partnership between Apple and Rivian would look like – or whether Rivian would even be interested in such an arrangement. Still, at least based on DigiTimes supply chain sources, it’s something Apple is “studying.”

9to5Mac’s Take

As much as I’d love to see a partnership between Apple and Rivian, I’m choosing not to get my hopes up about this one. The report is scarce on details, and sounds as if it’s based purely on speculation among Apple’s suppliers. I’d wait for something more concrete before getting too excited.

Perhaps most importantly, Apple could provide Rivian with some crucial cash as the company enters the challenging process of ramping up production of its new R2, R3, and R3X cars.

Do you think Apple should team up with Rivian? What kind of collaboration could Apple have in mind? Let us know down in the comments.

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