TechCrunch Startup News AIR lands $23M to bring its eVTOLs to the US
Aug 1, 2025
An Israel-based startup has successfully raised $23 million to ramp up production of its eVTOL vehicles. The discussion focuses on their innovative approach to both piloted and uncrewed aircraft. The team delves into market expansion strategies, competitive dynamics, and the regulatory challenges they face. With ambitions to enter the U.S. market, their plans promise exciting advancements in urban air mobility.
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Dual-Use eVTOL Industry Trend
- Many eVTOL companies are developing both piloted and uncrewed aircraft for personal use and defense/logistics.
- This dual approach addresses the escalating geopolitical and defense budget demands fueling eVTOL innovation.
Unified eVTOL Design Advantage
- AIR develops both piloted and uncrewed eVTOLs on a shared airframe to streamline upgrades and scalability.
- This unified design architecture reduces manufacturing complexity and accelerates development.
Growth Momentum and Regulatory Status
- Air secured 2,500 pre-orders for its piloted eVTOL and plans to ship 15 cargo eVTOLs in 2024.
- Cargo eVTOLs currently operate under Experimental Airworthiness Certificates (EAC) as part of development and testing.