A recent development in electron microscopy and diffraction is the achievement of ultrafast time resolution using high-repetition rate single electron sources and single-shot many-electron sources. Intrinsic heating mechanisms due to inter-particle Coulombic forces make it difficult to achieve large coherence lengths under these conditions. We have developed a new class of electron source by using near-threshold, pulsed photoionization of laser-cooled, trapped rubidium atoms which allows us to produce intense electron pulses with large intrinsic coherence length. Several properties of electron pulses extracted from such an ultracold source have already been investigated, showing in particular that temperatures of a few Kelvin and emittances...