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

Overair eVTOL

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.

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Overair is the latest eVTOL company working to bring urban air mobility to Los Angeles

eVTOL Los Angeles

Electric vertical takeoff and landing (eVTOL) developer Overair announced a partnership with Urban Movement Labs (UML) to help expedite urban air mobility (UAM) in the Los Angeles metropolitan area. The partnership is one of several with UML to collaborate with the city of Los Angeles to eventually implement eVTOL technology.

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