Sign In
Search
Air Force

Volansi Secures $50 Million Series B for Autonomous VTOL Cargo Delivery

Brian Garrett-Glaser By
SHARE:
Volansi Secures $50 Million Series B for Autonomous VTOL Cargo Delivery
Volansi cloesd a $50 millions Series B to fund continued development and operational expansion of its VTOL cargo delivery drones. (Volansi)

Volansi completed a $50 million Series B financing round led by Icon Ventures to continue development of its autonomous vertical takeoff and landing cargo drones. Other participants in the round include Lightspeed Venture Partners, YCombinator, Harpoon Ventures OnePlanet, Graphene Ventures and Merck Global Health Innovation Fund. Volansi’s portfolio of drones, focused on autonomous middle-mile delivery, span payloads of 10 to 50 lbs, with its signature VOLY C10 carrying 10 lbs over 50 miles. That drone was recently chosen by the…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

SSC Eyes Award Of First RG-XX Contracts Next Month Or March

Air Force

USAF Heralds “Rusty Dagger” Test As “Critical Milestone” In Low-Cost Cruise Missile Effort

Air Force

Defense Appropriations Conferees Provide $900 Million Boost For Boeing E-7 Wedgetail

Air Force

Space GMTI Partially Moves To Procurement Funding Account

Trending

Saudi Arabia, Israel Get Nod For $15.7 Billion In Combined U.S. Arms Sales
L3Harris Nabs Marine Corps Precision Attack Strike Munition Contract
USAF Considering “Modular” Missile Silos For Sentinel
Duffey Teases Announcement Of More Production Boost Initiatives ‘In the Coming Days’
Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume