Associated tags: Aircraft, Ecosystem, B2C, Agriculture, Advanced Air Mobility, Airline, AI, Safety, Compact, Honeywell Aerospace, CFBW-FM, Urban Air Mobility, Jet fuel, Honeywell, Transport
Locations: LONG BEACH, CA, US, CASSIDY, CALIFORNIA, UNITED STATES, NORTH AMERICA
LONG BEACH, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- AIBOT, a pioneer in Electric Vertical Takeoff and Landing (eVTOL) technology, proudly announces the receipt of the first installment of the $15 million CalCompetes Grant awarded by the California Governor’s Office of Business and Economic Development. This funding milestone underscores AIBOT's successful completion of its 2023 goals set forth in the formal grant agreement for both growth and investment and reiterates its steadfast dedication to driving innovation and economic growth within California.
Key Points:
- Fundraising Success: In June, the company successfully completed its Founding II Fundraising, securing essential capital to fuel its continued innovation and expansion.
- Technological Breakthroughs: July marked a significant achievement with the successful demonstration of fully automated takeoff and landing technologies.
- Building on last year's success, 2024 has already seen AIBOT complete the design and build of its uncrewed production-intent version of the AIBOT 700.
- With strong strategic partnerships and the first distribution of grant funds, AIBOT is preparing for the commercial launch of the AIBOT 700 unmanned aiEVTOL aircraft.
Air,
Technology,
Aerospace,
Transport,
Batteries,
Manufacturing,
Artificial Intelligence,
Ecosystem,
Environment,
Urban Air Mobility,
Partnership,
Electric vehicle,
AI,
Unmanned aerial vehicle,
Multimedia Amprius SiCoreTM batteries will enable AIBOT's next-generation aiEVTOL vehicles, ushering in a new era in electric aviation.
Key Points:
- Amprius SiCoreTM batteries will enable AIBOT's next-generation aiEVTOL vehicles, ushering in a new era in electric aviation.
- View the full release here: https://www.businesswire.com/news/home/20240409450625/en/
Amprius Selected to Power AIBOT's aiEVTOL Ecosystem (Graphic: Business Wire)
This strategic partnership underscores both companies' commitment to innovation and sustainability in the electric aviation space.
- Amprius’ SiCore cells, renowned for their high energy density, power, and reliability, will play a pivotal role in powering AIBOT's aiEVTOL ecosystem, which includes both its heavy-lift air cargo eVTOL drone and single-pilot, six-passenger eVTOL air taxi aircraft.
- This collaboration is a critical step forward in our commitment to delivering an aiEVTOL ecosystem that is revolutionary and sustainable.
Retrieved on:
Thursday, January 11, 2024
Cassidy, a respected veteran of traditional and innovative aviation sectors, brings to AIBOT a deep understanding of the complexities of transitioning to autonomous aviation technology.
Key Points:
- Cassidy, a respected veteran of traditional and innovative aviation sectors, brings to AIBOT a deep understanding of the complexities of transitioning to autonomous aviation technology.
- Cassidy's appointment will be instrumental in navigating the regulatory pathways essential for bringing these revolutionary products to market.
- Under Cassidy's guidance, AIBOT aims to optimize safety as a foundational element before advancing efficiency and scalability in aviation.
- His vision aligns perfectly with AIBOT's commitment to revolutionizing the industry through autonomous aviation technology, ultimately leading to AI-enabled systems.
Retrieved on:
Tuesday, November 21, 2023
Economic development,
Ecosystem,
Senior advisor,
Agriculture,
Business,
Software,
Aircraft,
Advanced Air Mobility,
Artificial intelligence,
Growth,
AAM,
Renewable energy Grant funding to facilitate the creation of nearly 700 new jobs and nearly $500 million investment in Long Beach, Mojave and other strategic locations in California.
Key Points:
- Grant funding to facilitate the creation of nearly 700 new jobs and nearly $500 million investment in Long Beach, Mojave and other strategic locations in California.
- This significant endorsement by the California Governor’s Office of Business and Economic Development (GO-Biz) represents a major milestone for AIBOT and the burgeoning eVTOL sector.
- Jerry Wang, Executive Chairperson of AIBOT, added, "We are deeply grateful for this significant CalCompetes grant from the State of California.
- “Advanced air mobility is an industry of the future, and we want to ensure California remains a leader in that industry.
Retrieved on:
Wednesday, November 15, 2023
Agriculture,
Compact,
Urban Air Mobility,
Aircraft flight control system,
AIRBUS,
Honeywell Aerospace,
A380,
Advanced Air Mobility,
Ecosystem,
Aircraft,
Aviation,
AI,
CFBW-FM,
Airline,
Jet fuel,
EVTOL,
Honeywell This technological milestone combines groundbreaking eVTOL capabilities with robust, reliable, and advanced aerospace technologies.
Key Points:
- This technological milestone combines groundbreaking eVTOL capabilities with robust, reliable, and advanced aerospace technologies.
- AIBOT is a California-based company with the vision to disrupt the next generation of Urban Air Mobility for all.
- Under the terms of the agreement, AIBOT leverages Honeywell’s rich heritage and profound expertise in aerospace technology, embedding the Compact Fly-By-Wire system (cFBW) into its innovative eVTOL aircraft.
- In 2022, AIBOT achieved full transition of their aircraft, positioning itself among the top 10 eVTOL contenders aiming for market deployment by decade’s end.
Retrieved on:
Wednesday, November 15, 2023
Compact,
Agriculture,
Safety,
Honeywell Aerospace,
Advanced Air Mobility,
Ecosystem,
City,
Aircraft,
CFBW-FM,
Transport,
Jet fuel,
Airline,
Honeywell DUBAI, United Arab Emirates, Nov. 14, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) has been selected by AIBOT to provide its Compact Fly-By-Wire (cFBW) system to support AIBOT's fully electric vertical takeoff and landing (eVTOL) aircraft. This Honeywell technology will empower the next generation of aircraft avionics and create a sustainable transportation ecosystem for the future.
Key Points:
- This Honeywell technology will empower the next generation of aircraft avionics and create a sustainable transportation ecosystem for the future.
- Honeywell's lightweight Compact Fly-By-Wire system, the size of a paperback book, provides aircraft manufacturers, like AIBOT, greater flexibility in aircraft design without compromising power or safety.
- It also enables seamless remote operation of the aircraft, translating instructions from the aircraft's operator into flight control commands on the aircraft.
- "Collaborating with Honeywell is a huge step forward for us and will help us power the most advanced software-driven aiEVTOL platform."
