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A mysterious bullet-shaped plane was spotted at the Southern California Logistics Airport near Victorville in April 2017. Its unusual design prompted immediate speculation, with military website The War Zone being the first to report that the aircraft was the work of California-based Otto Aviation — and that development was very much under wraps. Now, in the late summer of the strangest year in aviation history, the Celera 500L has finally been revealed to the world, with the launch of a new website and a bunch of very cool new photos.

What we’re looking at is a six-person private craft that promises to fly at jet speeds, but with eight times lower fuel consumption, and a range that’s twice that of a comparably sized craft. Bold claims indeed. Otto Aviation says on its website that 31 successful test flights have so far been performed, with aerodynamic efficiency proven in 2019, bolstering its declaration that “the Celera 500L is the most fuel-efficient, commercially viable aircraft in existence.”

The company, founded in 2008 and an offshoot of Bill Otto’s Otto Laboratories, says that the Celera 500L runs at 18 to 25 miles-per-gallon fuel economy (compared to the 2-3 miles-per-gallon of a comparable jet aircraft). Then there are the modest $328 hourly operating costs, which are about six times lower, and the generous 4,500-nautical-mile range. Maximum cruise speed is projected to reach more than 460 miles per hour.

“Our goal has always been to create a safe and private aircraft that would allow for direct flights in the US at speeds and cost comparable to commercial air travel,” company CEO Bill Otto Jr. tells CNN Travel.

The range is such that the Celera 500L would be able to service nearly every city pairing in the United States without refueling. The reason its aircraft can do all this, says Otto Aviation, is down to laminar flow.

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