Sunday, June 29, 2025
29.6 C
London
HomeFinTechAutonomous Flight: Secures £5M As Part Of £25M Series A

Autonomous Flight: Secures £5M As Part Of £25M Series A

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing LandscapeHighlights: The UK...

Belgium Prosecutors Investigate Worldline Local Unit for Potential Misconduct

An In-Depth Look into the Probe and Its Implications...
  • Autonomous Flight, a Kent (just outside London, UK)-based electrical vertical takeoff and landing (eVTOL) startup, raised £5M ($7M) as part of a £25M Series A funding round
  • Founded in 2017 by serial tech entrepreneur Martin Warner, Autonomous Flight is building the Y6S Plus– a battery-powered flying aircraft to facilitate short-range transportation in urban areas
  • The funding comes at an important stage in the development and testing of the Y6S Plus
  • The flying vehicle has just completed its full simulation test and also provides the first views of how the Y6S Plus will fly
  • The Y6S Plus will initially launched in the UK and US, with plans for a global rollout in the coming decade
  • Martin Warner co-founded botObjects, a 3D printing software and hardware manufacturer, which acquired for $50 million by 3D Systems Inc just 17 months after its launch

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories