The emerging world of electrified air travel has experienced big highs and lows in the past few days. Late last week, the Vermont-based startup Beta Technologies announced that it landed $318 million in Series C equity capital to produce and commercialize its all-electric aircraft and battery charging systems. The new investment, which was led by Qatar’s sovereign … Continue reading “Electric aircraft startups are having a topsy-turvy week”
Written by Electric Vehicles Magazine
Wright Electric, a US developer of ultra-lightweight motors, generators and batteries for the aerospace and military sectors, along with its partners, which include NASA, DOE and DOD, has been awarded a $3.34-million grant from the FAA’s Fueling Aviation’s Sustainable Transition (FAST) program. The funding will be used to develop a new class of batteries for … Continue reading “Wright Electric receives $3.34 million grant from FAA for ultra-lightweight aircraft batteries”