What Happened
Funding Boost For Sustainable Aircraft Propulsion Systems
Ampaire, a hybrid-electric aviation startup, has secured £14m in Series B funding to accelerate the commercialisation of its sustainable aircraft propulsion systems. The company develops retrofit technologies designed to integrate with existing commercial aircraft, combining electric propulsion systems with conventional engines to lower fuel burn and reduce emissions. The funding round saw investment from International Airlines Group, Alaska Airlines, and DiamondStream Partners, among others. This development was reported by Unknown Source.