Kids Won t Learn to Drive: IDTechEx Explains Why finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
SES, a Singapore -based leader in development and manufacturing of Li-Metal rechargeable batteries for electric vehicles, completed a $139M Series D funding round.
The round was led by General Motors with participation from existing investors SK Inc., Temasek, Applied Ventures LLC, Shanghai Auto and Vertex.
The company intends to use the funds to accelerate technology development, expand its technical, business and manufacturing teams, and expedite the commercialization of Li-Metal batteries.
Led by Qichao Hu, founder and CEO, SES is a leader in development and manufacturing of Li-Metal batteries for automotive and other applications including Electric Vehicles (EVs) and Electric Vertical Take-Off and Landing Vehicles (eVTOLs). The company has operations subsidiaries in Boston, Shanghai and Seoul.
Urban air mobility market investment to hit $2b issacjohn@khaleejtimes.com Filed on April 26, 2021
The research reveals that over the next three years, 62 per cent of private equity and venture capital professionals expect to see an increased use in special purpose acquisition companies, to buy, invest or raise funds for eVTOL companies. File photo
Around $900 million was invested in the urban air mobility market in the first six months of 2020, but new research with senior private equity and venture capital professionals reveals 59 per cent expect over $2 billion will be invested in the sector this year
Investment in Electric Vertical Take-off and Landing (eVTOL) aerial vehicle technology is expected to hit $2 billion in 2021 with several advanced cities in the world, including Dubai, setting sight on launching air taxi services by next year.
Astro Aerospace Ltd.: Astro Aerospace Sponsors Leading SPAC, Parsec Capital Acquisitions Corp.
Dallas, Texas (Newsfile Corp. - April 21, 2021) - Astro Aerospace (OTCQB: ASDN) (
Company or
Astro ), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today its sponsorship of Parsec Capital Acquisitions Corp. (
Parsec ), an emerging SPAC investing in businesses within the space economy, technology and transport industries. Last month, Parsec CEO and Board member Patricia Trompeter was appointed to Astro s Board of Directors. The Parsec sponsorship is a huge development in driving Astro s mission to introduce greater environmentally and economically sustainable solutions to the aerial vehicle industry.
Parsec Capital Acquisition Corp : Parsec Capital Acquisitions Corp Gains Sponsorship from Astro Aerospace finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.