Aerovel raises $2.5 million to continue development of its flexrotor uas – suas news

Aerovel Raises $2.5 Million to Proceed Improvement of its Flexrotor UAS - sUAS Information 3

Funds to Be Used Primarily to Enhance Manufacturing Capability and to Rent Extra Engineers

White Salmon, WA – March 16, 2021 –Aerovel, producer of Flexrotor, probably the most superior Group 2 vertical take-off and touchdown (VTOL) unmanned plane, in the present day introduced that it has raised $2.5 million in Collection B capital. The funding is from undisclosed leaders in aviation.

Aerovel is utilizing the funds to speed up development, enhance manufacturing capability and rent further engineers.  “These funds come at an essential time in Aerovel’s development,” stated Ali Dian, CEO of Aerovel.

“We’re seeing glorious curiosity in Flexrotor from authorities and personal customers, and this funding spherical will allow us to shortly scale. We plan to lift further funds later this yr and greater than double in dimension.” 

Flexrotor is designed to function with economics which can be sensible for industrial service whereas being efficient for army functions. It may be used day or night time for a various vary of intelligence, surveillance, and reconnaissance on land and at sea. The plane affords an unprecedented mixture of small dimension, massive payload/vary, economic system, autonomy and basing flexibility.   

About AerovelAerovel is led by the unmanned plane veterans who created the Group 2 class of small unmanned plane, a spine of US army and allied intelligence, surveillance, goal acquisition and reconnaissance (ISTAR) missions worldwide.

Aerovel’s Flexrotor is probably the most superior Group-2 plane with vertical take-off and touchdown (VTOL).

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