France, Ascendance Flight Technologies raises €21 million investment

Image credit Ascendance Flight Technologies

La Tribune : The Toulouse startup, which is developing a VTOL and a hybrid propulsion system for the decarbonization of air transport, has just completed a new fundraising round of 21 million euros. With the support of Expansion Aerospace Ventures and French Tech Souveraineté in particular, Ascendance Flight Technologies “is now entering an intensive prototyping and pre-industrialization phase”.

Image credit Ascendance Flight Technologies

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