H55 has secured almost $50 million from investors including RTX Ventures for infrastructure at plants in Switzerland and Montreal and a subsidiary in Toulouse.
The general aviation division of Chinese aircraft manufacturer AVIC has released a picture of what appears to be a full-scale flying model of an eVTOL aircraft.
The grant is of one 19, totaling A$44 million, awarded under the latest round of the Australian government’s Cooperative Research Centers Projects program.