Airvolve has reached a major milestone – the Critical Design Review (CDR) phase is now complete. After thousands of hours of simulation (CFD, FEA) and hundreds of hours of lab and field testing, we have officially kick-started the manufacturing process.

 

The photo showcases our cruise-flight test setup. A small-scale rotorcraft was mounted on a truck, effectively creating a mobile aerolab. Thrust measurements exceeded simulations by more than 50%, prompting us to halt testing at 70 km/h, as the front wheels were nearing the point of losing grip on the road.

Airvolve has completed its second wave of hiring. We're excited to welcome Erikas as our new COO. As a reserve captain in the Lithuanian Armed Forces, Erikas brings strong leadership and a results-driven approach to the role.

 

We're also pleased to have Ignas join the team. Appointed for the aerospace engineer role with extensive experience in aircraft MRO, he will lead R&D efforts in our Composites Lab.

 

Lastly, Simonas, a senior mechanical engineer with experience in mobility startups, will oversee the entire aircraft manufacturing process.

A warm welcome to all!

Lithuanian deep-tech aerospace startup Airvolve has raised €825,000 in funding, co-led by Coinvest Capital and Baltic Sandbox Ventures. The round also includes a group of accredited business angels as investors. This investment will help the company develop a fully functional MVP aircraft, with pre-orders expected in late 2025.

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The company's heavy-lift aerial vehicle is projected to be 10 times cheaper to operate than a conventional helicopter. Its unique horizontal-axis propulsion system enables a large-volume payload airlift within a 100 km radius. The vehicle is designed for diverse applications, including automated cargo delivery, casualty evacuation, and search and rescue.

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The founding team includes talent from NASA and Ryanair Engineering. The aircraft prototype, which took off in May 2024, is the result of two years of R&D, and an investment of over €2 million.