Business Wire—-PteroDynamics, an aircraft design and manufacturing company that develops innovative vertical takeoff and landing (VTOL) aircraft, announced the close of a $7.5 million Seed round. The round was co-led by existing investor Kairos Ventures and new investors Lavrock Ventures … Continue reading PteroDynamics Raised $7.5 Million Seed Round to Expand Transwing Aircraft Platform.
Bloomberg: Founded in 2014, Skydio has a list of customers that includes public safety agencies and businesses like Dominion Energy Inc. and a contractor for Shell USA, which are using the drones to inspect accidents and infrastructure. Last May, the … Continue reading Drone Startup skydio Raises $230 Million investment
UKgov : Through the Aerospace Technology Institute (ATI) Programme, government and industry are jointly backing new exciting zero-carbon technologies to open up a future of guilt-free flying. This includes a project by Bristol-based electric aircraft manufacturer Vertical Aerospace to develop … Continue reading UK Government invests $136 million in Vertical Aerospace and Rolls-Royce to develop hydrogen and all-electric flight technologies.
