Company
Company behind the Airspeeder Mk4 racing eVTOL
Adelaide, SA
Every investor coverage indicates participated in a round Alauda Aeronautics raised.
Companies Alauda Aeronautics acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Alauda Aeronautics. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australia's aviation regulator has granted Alauda Aeronautics an experimental certificate to fly its Airspeeder Mk4 racing eVTOL with a pilot aboard; Intel, Dell, AWS and Telstra back the series' computing and race-control systems.
Ignition Lane's weekly roundup: Zip's deal for Sezzle, Zeller's unicorn raise, several Australian funding rounds, Startmate backing Provvy, a space manufacturing grant, NZVC's first close, and tech's response to Russia.
Canberra is putting $20 million into an Adelaide space manufacturing project, matching the state government's earlier $20 million, with four local spacetech firms among the collaborators.
Canberra is putting $20 million from its Modern Manufacturing Initiative toward a space manufacturing park at Adelaide Airport, adding to state support, while a plant-protein consortium led by Australian Plant Proteins earlier secured $113 million.