A hybrid aerial vehicle fitted with a plurality of foldable wings (130-L, 130-R), comprising: a fuselage; a first mechanism adapted to fold and unfold the plurality of wings, wherein the first mechanism is adapted to move the plurality of wings, such that they do not interfere with an operation of propellers, wherein the first mechanism is placed within the fuselage for receiving the plurality of wings, the first mechanism being configured for coordinated contraction of the plurality of wings to the fuselage such that the tips of the wings are positioned in proximity of the fuselage and coordinated extension of the wings such that the tips of the wings are positioned away from the fuselage; a first wing (130-L) of the plurality of wings extending from the port side of the fuselage and connected to the first mechanism; a second wing (130-R) of the plurality of wings extending from the starboard side of the fuselage and connected to the first mechanism; a second mechanism placed within the fuselage in proximity to its front end; a first set of propellers (150-L) affixed to the second mechanism at the port side of the fuselage and a second set of propellers (150-R) affixed to the second mechanism at the starboard side, the second mechanism being adapted to move and position the first and second set of propellers, respectively, between a first rotational plane and a second rotational plane; a third mechanism placed within the fuselage in proximity to its rear end; a third set of propellers (170-L) affixed to the third mechanism at the port side of the fuselage and a fourth set of propellers (170-R) affixed to the third mechanism at the starboard side of the fuselage, the third mechanism being adapted to move and position the third and fourth set of propellers, respectively, between a third rotational plane and a fourth rotational plane; characterised in that the third and fourth set of propellers are placed at a vertical displacement with respect to the first and second set of propellers. a fuselage; a first mechanism adapted to fold and unfold the plurality of wings, wherein the first mechanism is adapted to move the plurality of wings, such that they do not interfere with an operation of propellers, wherein the first mechanism is placed within the fuselage for receiving the plurality of wings, the first mechanism being configured for coordinated contraction of the plurality of wings to the fuselage such that the tips of the wings are positioned in proximity of the fuselage and coordinated extension of the wings such that the tips of the wings are positioned away from the fuselage; a first wing (130-L) of the plurality of wings extending from the port side of the fuselage and connected to the first mechanism; a second wing (130-R) of the plurality of wings extending from the starboard side of the fuselage and connected to the first mechanism; a second mechanism placed within the fuselage in proximity to its front end; a first set of propellers (150-L) affixed to the second mechanism at the port side of the fuselage and a second set of propellers (150-R) affixed to the second mechanism at the starboard side, the second mechanism being adapted to move and position the first and second set of propellers, respectively, between a first rotational plane and a second rotational plane; a third mechanism placed within the fuselage in proximity to its rear end; a third set of propellers (170-L) affixed to the third mechanism at the port side of the fuselage and a fourth set of propellers (170-R) affixed to the third mechanism at the starboard side of the fuselage, the third mechanism being adapted to move and position the third and fourth set of propellers, respectively, between a third rotational plane and a fourth rotational plane; characterised in that the third and fourth set of propellers are placed at a vertical displacement with respect to the first and second set of propellers.