Airspace Experience Technologies (ASX) is partnering with Spirit AeroSystems to jointly develop its Mobi-One electric vertical takeoff and landing (eVTOL) aircraft. Aerostructures group Spirit will provide support for the startup in design, manufacturing, and type certification work.
Announcing the planned partnership on February 17, ASX also indicated that it intends to launch a Series A funding round in March 2020. The privately-owned company had previously said that it would start the process of finding fresh investment before the end of 2019. At the time, it indicated that it hoped to raise $6 million in order to take it through to the end of the preliminary design phase of the program.
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