The French government is supporting the domestic hybrid aircraft developer VoltAero with a grant of 5.6 million euros. The money is to go towards the development of the Cassio 330 hybrid aircraft.
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Kawasaki has invested in the French hybrid aircraft developer VoltAero as a new strategic investor. VoltAero has also begun constructing an assembly plant at Rochefort-Charente-Maritime Airport, where the hybrid aircraft is to be built.
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French startup VoltAero has raised another 32 million euros in capital. The Italian company Tesi (Tecnologie E Servizi Innovativi) became a strategic investor and industrial partner in the Series B financing round.
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After VoltAero announced the maiden flight of a prototype of its hybrid-electric aircraft study in March, the French start-up is now following up with the specifications of the final variants. Now VoltAero is offering three versions of the hybrid aircraft called Cassio.
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