Category Archives: Business News

Korea’s Airbility Secures $4.7M Series A Bringing Total Funding to $7.6M

Airbility, a deep-tech aerospace and defence company developing high-speed electric vertical takeoff and landing aircraft, announced that it has raised USD 4.7 million (KRW 6.5 billion) in Series A funding led by a Silicon Valley-based global VC Sazze Partners. The round brings Airbility’s total funding to USD 7.6 million (KRW 10.5 billion). Continue reading →

Heven AeroTech Launches Multi-Site Manufacturing Network for Hydrogen-Powered UAS with First East Coast Facility

Heven AeroTech, a leading hydrogen-powered drone manufacturer, integrating AI and quantum capabilities for next-generation flight, has announced the launch of its national, multi-site unmanned aerial system (UAS) manufacturing network with the opening of a regional 56,000-square-foot production facility in Winchester, Virginia. Continue reading →