Company Snapshot | June 29, 2021
The company was founded by Sebastian Berning and Andreas Sedlmayr in 2018 and has raised an undisclosed amount of funding, including a seed round at the end of 2018 in which it secured funding in "the seven‑digit range" and a Series A round in early 2020 led by SET Ventures in which it raised €8.5... To read more, click here.
Company Snapshot | September 10, 2021
Lilium Aviation was started in 2015 by Daniel Wiegand, Matthias Meiner, Patrick Nathen, and Sebastian Born. So far, the company has raised about $376 million after successfully completing an internal funding round led by Tencent along with existing investors Atomico, Freigeist, and LGT in 2020. ... Not part of subscription
Company Profile | March 03, 2022
Our Next Energy (ONE) develops a dual‑battery system using cell‑to‑pack architecture to provide a "range extender" for electric vehicles The company develops two battery packs; Aries, a lithium ferrophosphate (LFP)‑based battery pack, and Gemini, which uses an LFP battery for daily driving ... Not part of subscription
by Chloe Herrera
The high-wing, all-metal aircraft will be based on the design of an existing Texas Aircraft airplane. The two-seater will target flight training and regional transportation in Brazil, with a flight time of two hours and approximate range of 370 km. Oxis will supply a 90 kWh battery system using its high-power cells achieving 400 Wh/kg. The companies did not provide a timeline for development, but the use of an existing aircraft design will likely shorten the test lead time to within the next five years. While small fixed-wing aircraft is a good first target for electrifying aviation, less developed battery chemistries can be difficult to certify for flight, and narrowing the battery choice at an early stage could limit aircraft performance.
For the original news article, click here .