Tag: Funding

Vertical Aerospace welcomes UK funding boost for next-generation aviation technology

Vertical Aerospace, a global aerospace and technology company, today welcomes the UK Department for Transport’s announcement that funding has been awarded to projects working on next-generation zero-emission aircraft and the development of vertical take-off and landing technology. Among the ini...

Eve announces US$35 million from BNDES for eVTOL development in 2025

Eve Air Mobility announced today a US$35 million fund from Brazil’s National Development Bank (BNDES), further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 mi...

French government provides €5.6 million for VoltAero’s development of its Cassio aircraft

VoltAero’s funding for the development of its Cassio 330 electric-hybrid aircraft has further increased with a €5.6 million grant from the French government via BPI France – the agency that supports France’s economic growth by assisting its entrepreneurs. The financing was made available ...

Wingcopter scores $42M in latest funding round

Wingcopter, the German delivery drone manufacturer and service provider, today announced that it has raised $42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 million to date...

Ascendance Flight Technologies raises 10 Million euros funding round

Ascendance Flight Technologies is a Toulouse-based company developing ATEA, a vertical take-off and landing aircraft powered by STERNA, its proprietary hybrid-electric technology stack. It provides the technologies that can empower aircraft manufacturers to reduce the environmental impact of fu...

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