Israel-based aerospace company Urban Aeronautics says it has secured $10 million for the continued development of its CityHawk eVTOL aircraft.
Urban Aeronautics Secures $10 Million For Continued Work on Wingless eVTOL
Key Takeaways:
- Urban Aeronautics secured $10 million from private investors for the continued development of its CityHawk eVTOL aircraft, as part of a larger Series A funding round targeting over $100 million.
- The CityHawk is a wingless, car-sized, hydrogen-fueled eVTOL designed for commercial air charters and emergency medical services, featuring a fully enclosed rotor system for zero emissions and minimal noise.
- The company has achieved milestones including successful test flights of its tech demonstrator and secured pre-orders for four aircraft from Hatzolah Air for ambulance use.
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