Czech startup Zuri this week launched a pre-Series A investment round in a bid to raise around €15 million ($16.5 million) in funds to support the development of a five-seat, hybrid-electric VTOL aircraft. Co-founder Michal Illich says the vehicle is expected to have a range of around 700 kilometers (380 nm), with a 30-minute energy reserve, and a cruise speed of 160 to 190 knots.
Since September 2021, Zuri’s team of 18 engineers has conducted hover testing with a technology demonstrator aircraft with an 11-meter (36-foot) wingspan. The company said it also achieved vertical to horizontal transition flights with the subscale model.
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