eVTOL and hybrid-electric developers advance funding, transition flight and short-field demonstrations
Bookmark this storySkyfly raised $10 million in seed funding from HICO Investment Group and defense-tech fund Archangel to scale production. Separately, Electra demonstrated a 150-foot takeoff in Manhattan with its hybrid-electric aircraft, while Brazilian startup Moya Aero completed the first full vertical-to-wing-borne-to-vertical transition flight of its full-scale autonomous Moya 256 cargo prototype.
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