Aircraft
Korean Start-up Airbility Raises Funds for Hybrid-electric VTOL Aircraft
Company plans include the AB-0 drone and the AB-2 two-seat eVTOL aircraft
Airbility AB-0 drone prototype
Airbility has flown a prototype of its AB-0 drone, which has a 22-pound payload.

South Korean start-up Airbility has raised ₩2.5 billion ($1.7 million) in a pre-series A funding round to kickstart its plans to develop a family of hybrid-electric VTOL aircraft. The company confirmed the new backing last week, reporting that it has now raised $2.6 million.

Airbility will deploy the new funds to step up work on its AB-0 uncrewed drone, which has a payload of just 10 kilograms (22 pounds). Its longer-term ambitions involve a two-seat AB-2 eVTOL aircraft that it said will meet the FAA’s proposed MOSAIC rules for certifying new light sports aircraft for personal use.

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