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verdegoaero.com

Founded Year

2017

Stage

Series A | Alive

Total Raised

$12.75M

Last Raised

$12M | 10 days ago

Revenue

$0000 

Mosaic Score

+620 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About VerdeGo Aero

VerdeGo develops an aircraft that can take people from point to point in a city, flying over the traffic. The company's target audience is the B2B market for selling aircraft to companies that will operate them, and the B2C market for busy people who need fast reliable transportation. The company was founded in 2017 and is based in Daytona Beach, Florida.

VerdeGo Aero Headquarter Location

600 S Clyde Morris Blvd.

Daytona Beach, Florida, 32114,

United States

419-283-5830

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VerdeGo Aero Patents

VerdeGo Aero has filed 3 patents.

The 3 most popular patent topics include:

  • Aircraft configurations
  • Aerodynamics
  • Aerospace engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/17/2018

Aircraft configurations, VTVL rockets, Military helicopters, Flight phases, Spacecraft propulsion

Application

Application Date

8/17/2018

Grant Date

Title

Related Topics

Aircraft configurations, VTVL rockets, Military helicopters, Flight phases, Spacecraft propulsion

Status

Application

Latest VerdeGo Aero News

Pratt & Whitney Teams With Hybrid-Electric Specialist VerdeGo Aero

Aug 1, 2022

- August 1, 2022, 6:54 AM VerdeGo Aero has developed the 185 kW-VH-3 generator to form part of hybrid-electric propulsion systems for aircraft. (Image: VerdeGo Aero) Raytheon Technologies is the lead investor in a $12 million Series A funding round for hybrid-electric propulsion specialist VerdeGo Aero. The U.S. group’s venture capital arm, RTX Ventures, announced the investment this week, saying the Florida-based start-up will collaborate with its aircraft engines subsidiary Pratt & Whitney to develop propulsion systems for advanced air mobility (AAM) applications. Last year, VerdeGo Aero introduced its 185-kW VH-3 generator , which can be combined with various hybrid-electric configurations to deliver peak-burst power of up to 1MW and continuous power of up to 370 kW. The company’s propulsion systems have been selected for applications including Airflow’s eSTOL aircraft, Jaunt Air Mobility’s Journey eVTOL vehicle , and XTI’s TriFan 600. According to VerdeGo Aero, the technology could possibly be scaled up to deliver a continuous electrical output of “multiple megawatts,” opening the potential to power larger aircraft, like those in the business aviation and airline sectors served by Pratt & Whitney. The partnership is expected to provide support in efforts to develop and commercialize third-generation full-scale hybrid-electric powertrains. “VerdeGo Aero is helping to pioneer the emerging field of hybrid-electric propulsion technology, which has an important role to play in enabling the aviation industry’s goal of reaching net-zero CO2 emissions by 2050,” said Pratt & Whitney’s chief sustainability officer, Graham Webb. “This investment has promising potential to enhance our technology and capability in segments of our small-engine business while moving quickly and nimbly to advance our hybrid-electric propulsion strategy.” In combination with the National Research Council of Canada and battery specialist H55, Pratt & Whitney is already working on plans for a hybrid-electric regional airliner . It aims to start ground testing on a Dash 8 100 aircraft next year and to be ready for flight tests in 2024. According to VerdeGo Aero CEO Eric Bartsch, the company, which was founded in 2017, seeks to convert existing aircraft engines into hybrid powerplants. With stronger capital reserves, the company is recruiting more engineers to join its team in Daytona Beach. This story is from  FutureFlight.aero , a news and information resource developed by AIN to provide objective, independent coverage and analysis of cutting-edge aviation technology, including electric aircraft developments and advanced air mobility.

VerdeGo Aero Web Traffic

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VerdeGo Aero Rank

  • When was VerdeGo Aero founded?

    VerdeGo Aero was founded in 2017.

  • Where is VerdeGo Aero's headquarters?

    VerdeGo Aero's headquarters is located at 600 S Clyde Morris Blvd., Daytona Beach.

  • What is VerdeGo Aero's latest funding round?

    VerdeGo Aero's latest funding round is Series A.

  • How much did VerdeGo Aero raise?

    VerdeGo Aero raised a total of $12.75M.

  • Who are the investors of VerdeGo Aero?

    Investors of VerdeGo Aero include RTX Ventures.

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