Airbound Scales New Class of Aircraft to Change the Economics of Flight
Airbound, an aerospace company designing ultra-efficient aircraft, raised $37 million in Series A funding led by Greenoaks to accelerate manufacturing and commercial deployment. The company also secured a deployment agreement with Andhra Pradesh to build a drone delivery network targeting 10,000 daily flights across three cities. Airbound has completed over 1,000 autonomous flights with zero failures in partnership with Narayana Health.