Greener Aircraft Startups Face ‘Death Valley’ Of Funding
Aura Aero is designing the 19-seat ERA around a hybrid-electric propulsion system and drawing on its experience developing its two-seater.
Credit: Aura Aero
The decarbonization of aviation may lie in the innovations on which startups are working. Many of them, however, have yet to exit the so-called Death Valley—the thorny transition to production, especially in financial terms. For those startups, fundraising skills are proving to be more critical than...
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