AeroMobil (Flying Car Startup) Raises $3.2 Million In New Funding
Support CleanTechnica's work through a Substack subscription or on Stripe.
The European flying car startup AeroMobil has raised €3 million in new funding, which will be used to help fund production and demonstration of “a new physical model” of its concept, according to the company.
To be more specific, the company will be using some of the new funds to build the new model “following the successful development and testing of the craft’s mathematical and geometric design,” to use TechCrunch‘s phrasing.
Here’s more from that coverage: “The company has already been demonstrating the ability of its craft to successfully navigate both air and land, using the AeroMobil 3.0 prototype it debuted in late 2014. The pre-launch craft closely approximates the final version, and the company now says it’s even closer to that production craft, with the forthcoming physical model resembling closely the version intended for production.”
“AeroMobil’s new funding comes from individual investor Patrick Hessel, himself a founder of c2i, a maker of aerospace and automotive parts constructed from composite material. c2i is a supplier for AeroMobil, and recently sold a majority ownership stake to LG Hausy, an LG subsidiary that supplies lightweight components for use in aviation and automotive applications.”
Interesting. Though, I maintain that with how impatient and careless most drivers are, the idea of flying cars is one I’m skeptical of — unless, of course, the licensing process is incredibly stringent (in which case the technology becomes simply a toy for the rich). What do you think — vaporware? Or will flying cars actually become a real thing at some point?
Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News!
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one on top stories of the week if daily is too frequent.
CleanTechnica uses affiliate links. See our policy here.
CleanTechnica's Comment Policy
