French Startup Secures eVTOL Funding Boost

Ascendance eVTOL

Funding is intended to enable Ascendance to build a full-scale prototype of the Atea fan-in-wing eVTOL.

Credit: Ascendance Flight Technologies
French startup Ascendance Flight Technologies has secured €21 million ($22.8 million) in funding to build a full-scale prototype of its Atea hybrid-electric vertical-takeoff-and-landing (eVTOL) air taxi. The funding also will be used to integrate the company’s Sterna hybrid-electric propulsion...

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