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Overair garners $145M in funding to fly its eVTOL prototype in 2023


Electric vertical takeoff and landing (eVTOL) developer Overair has announced the acquisition of an additional $145 million in funding from aircraft technology specialists Hanwha Systems and Hanwha Aerospace. In addition to its continued investment, Hanwha will provide electric motors and battery packs for Overair’s Butterly eVTOL prototypes, which remain on track to take to the sky next year. More…

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