Aerovel Raises $2.5 Million to Support Continued Development of its Flexrotor UAS - Press ReleaseMarch 17, 2021
White Salmon, WA – March 16, 2021 – Aerovel, manufacturer of Flexrotor, the most advanced Group 2 vertical take-off and landing (VTOL) unmanned aircraft, today announced that it has raised $2.5 million in Series B capital. The investment is from undisclosed leaders in aviation. Aerovel is using the funds to accelerate growth, increase production capacity and hire additional engineers.
Aerovel Flexrotor UAS Speeds Through Its Reliability Demonstration - Press ReleaseJanuary 27, 2021
White Salmon, WA – January 26, 2021– Aerovel, makers of Flexrotor, the most advanced Group 2 unmanned aerial system (UAS) with vertical take-off and landing (VTOL), today announced strong reliability results for its latest Flexrotor variant. In demonstrations conducted for SOCOM (United States Special Operations Command) missions, Aerovel demonstrated over 150 cycles on the latest Flexrotor variant. One Flexrotor aircraft has 102 cycles, most of them logged on only six flying days. Flexrotor is designed for the demanding reliability and specifications required by the US Department of Defense (DOD) while being affordable for commercial applications.