AIR Secures $23M in Series A Funding to Accelerate U.S. Expansion and Deliver Multi-Domain eVTOLs at Scale

AIR, a pioneering startup offering eVTOL aircraft for uncrewed commercial and contested logistics, piloted personal flight, and defense use, today announced that it has raised $23 million in Series A funding. The round was led by Entrée Capital, with participation from Dr. Shmuel Harlap.  The funding will enable AIR to further scale its eVTOL (electric vertical takeoff and landing) aircraft production in support of a growing number of purchase orders and accelerate its U.S. expansion efforts.

https://www.prnewswire.com/il/news-releases/air-secures-23m-in-series-a-funding-to-accelerate-us-expansion-and-deliver-multi-domain-evtols-at-scale-302517522.html