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€21.0m

Series B
Total Funding000k
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Ascendance Flight Technologies is a pioneering company in the aviation sector, specializing in the design and manufacture of hybrid VTOL (Vertical Take-Off and Landing) aircraft. The company serves a diverse range of clients, including commercial airlines, private aviation firms, and governmental agencies. Operating in the rapidly evolving market of sustainable air mobility, Ascendance leverages its unique patented hybrid propulsion technology to offer aircraft that are not only environmentally friendly but also cost-effective and efficient. The business model revolves around the development, production, and sale of these advanced aircraft, as well as providing maintenance and support services. Revenue is generated through aircraft sales, service contracts, and potential licensing of their proprietary technology.

Keywords: hybrid VTOL, sustainable aviation, low emissions, air mobility, patented technology, commercial airlines, private aviation, governmental agencies, cost-effective, efficient.

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