Technology & Innovation
Natilus Raises $28M Series A to Develop Blended-Wing Aircraft
Natilus secures $28M Series A funding to advance Kona cargo drone and Horizon Evo passenger aircraft with blended-wing design.

This article is based on an official press release from Natilus and additional company documentation provided in the source material.
Natilus Secures $28 Million Series A to Advance Blended-Wing Fleet
Natilus, a San Diego-based aerospace manufacturer, has announced the successful closing of a $28 million Series A funding round. The investment is set to accelerate the development of the company’s proprietary “blended-wing body” (BWB) aircraft, a design architecture intended to significantly reduce fuel consumption and carbon emissions compared to traditional tube-and-wing airframes.
According to the company’s announcement, the funding will prioritize the completion and flight testing of the Kona, a full-scale cargo drone prototype, as well as the continued development of the Horizon Evo passenger aircraft. Natilus aims to address the aviation industry’s dual challenges of capacity shortages and aggressive decarbonization goals.
Investment Led by Draper Associates
The Series A round was led by Draper Associates, the firm founded by venture capitalist Tim Draper. The financing also included participation from strategic investors across the logistics and defense sectors, including Flexport, Type One Ventures, The Veterans Fund, and New Vista Capital. Additional backing came from Soma Capital, Liquid 2 VC, VU Venture Partners, and Wave FX.
In its official statement, Natilus highlighted the strong market demand for its proposed fleet, reporting an order book of more than 570 aircraft pre-orders. The company values these commitments at approximately $24 billion. The capital injection is expected to help Natilus transition from design and prototyping into active flight testing.
The Blended-Wing Advantage
Natilus is attempting to disrupt the aerospace market by commercializing the Blended-Wing Body (BWB) design. Unlike conventional aircraft where the fuselage and wings are distinct, a BWB integrates them into a single lifting surface. According to performance metrics released by the company, this aerodynamic shift offers several operational benefits:
- Fuel Efficiency: A projected 30% reduction in fuel consumption.
- Operational Costs: A potential 50% reduction in operating costs.
- Payload Capacity: Approximately 40% more payload volume than traditional aircraft of the same weight.
- Sustainability: A 50% reduction in carbon emissions, with compatibility for Sustainable Aviation Fuel (SAF) and future hydrogen propulsion systems.
“Global aircraft demand has outpaced the combined production capabilities of Boeing and Airbus… The market is hungry for a new manufacturing entrant that can navigate supply chain constraints and deliver a superior aircraft.”
— Natilus Press Statement
Fleet Roadmap: From Cargo to Passengers
Natilus is pursuing a “Cargo First” strategy, intending to certify and fly uncrewed cargo aircraft to accumulate flight hours and validate safety data before introducing passenger services.
The Kona Cargo Drone
The immediate focus of the Series A funding is the Kona, a regional cargo UAV designed to carry 3.8 tons of freight. The aircraft is engineered as a short-haul feeder capable of landing on unpaved runways, such as gravel or dirt, expanding logistics access to remote areas. According to the company’s timeline, the first flight for the Kona is expected within 24 months, targeting late 2027 or early 2028.
Horizon Evo Passenger Aircraft
Following the cargo implementation, Natilus plans to launch the Horizon Evo, a passenger aircraft capable of seating 200+ travelers. This model is positioned as a direct competitor to the Boeing 737 MAX and Airbus A321neo.
Recent design updates to the Horizon Evo include a transition to a dual-deck configuration. The company states this pivot was driven by feedback from the FAA and airline customers to improve emergency egress paths and certifiability. The new layout places cargo on the lower deck and passengers on the upper deck, offering a more traditional window experience for travelers. Service entry for the Horizon Evo is targeted for the early 2030s.
Strategic Leadership and Industry Context
To bolster its certification and manufacturing capabilities, Natilus has appointed Kory Mathews to its Board of Directors. Mathews is a former Vice President of Phantom Works and VP/Chief Engineer of Boeing Military Aircraft. His background in rapid prototyping and military certification is expected to guide Natilus through the complex regulatory landscape.
AirPro News Analysis
The aerospace sector is currently facing a projected shortfall of over 15,000 aircraft in the next two decades. While established giants like Boeing and Airbus struggle with production constraints, new entrants like Natilus and its primary competitor, JetZero, are racing to fill the gap with more efficient designs.
We observe a distinct strategic divergence between the two main BWB contenders. While JetZero has secured significant U.S. Air Force backing to develop a large-scale demonstrator for simultaneous military and passenger use, Natilus is opting for a granular, commercial-first approach. By starting with the smaller, uncrewed Kona, Natilus may be able to de-risk the BWB airframe technology in a regulatory environment that is generally more permissive of cargo drones than passenger transport. However, the success of this strategy hinges on the company’s ability to translate uncrewed flight data into passenger certification standards by the 2030s.
Frequently Asked Questions
- What is a Blended-Wing Body (BWB) aircraft?
- A BWB is an aircraft design where the wings and fuselage are merged into a single lifting body. This reduces aerodynamic drag and increases lift, leading to significantly higher fuel efficiency and internal volume compared to traditional “tube-and-wing” planes.
- When will Natilus aircraft start flying?
- The uncrewed Kona cargo drone is expected to make its first flight in late 2027 or early 2028. The passenger-carrying Horizon Evo is targeted for service entry in the early 2030s.
- Who are the main investors in Natilus?
- The Series A round was led by Draper Associates. Other investors include Flexport, Type One Ventures, The Veterans Fund, New Vista Capital, and Soma Capital.
Sources
Photo Credit: Natilus
Sustainable Aviation
KBR PureSAF Technology Selected for Kazakhstan First SAF Plant
KBR licenses PureSAF technology for Kazakhstan’s first SAF facility, using an alcohol-to-jet process with domestic feedstocks.

Global engineering firm KBR announced on August 24, 2026, that it secured a contracts to license its proprietary PureSAF technology and provide engineering design for Kazakhstan’s inaugural Sustainable Aviation Fuel (SAF) production facility. The project, developed in partnership with KazMunayGas-Aero LLP (KMG-Aero) and KazFoodProducts (KFP), will utilize domestic agricultural feedstocks to produce low-carbon aviation fuel via an alcohol-to-jet (AtJ) process.
In a press release detailing the contract award, KBR confirmed the agreement supports Kazakhstan’s strategic objective to establish itself as an international aviation hub while advancing aviation decarbonization. The planned facility will leverage technology developed in collaboration with Swedish Biofuels AB to convert ethanol into drop-in aviation fuel.
Technology and Project Scope
The facility will utilize KBR’s PureSAF technology, an alcohol-to-jet pathway designed to process agricultural feedstocks into sustainable aviation fuel. The foundational trilateral agreement covering the Process Design Package (PDP) and technology licensing was signed by KBR, KMG-Aero, and KFP in Astana on July 23, 2026. KBR, which employs approximately 37,000 people and operates in 28 countries, will provide the engineering framework required to scale the AtJ process for commercial output.
KBR Sustainable Technology Solutions President Jay Ibrahim stated the company is honored to support the national commitment to reduce greenhouse gas emissions.
“KBR’s PureSAF is a feed-flexible, bankable technology that is designed to deliver high SAF yields and supports the project across the full lifecycle. We look forward to closely collaborating and supporting the successful execution of this landmark SAF project,” Ibrahim said.
Kazakhstan’s Aviation Decarbonization Strategy
The KBR contract follows a series of government initiatives aimed at building a domestic SAF supply chain. On August 4, 2026, Kazakh Prime Minister Olzhas Bektenov and Dr. Peter Lee of Hong Kong-based Full Vision Capital signed a memorandum of understanding to explore creating a green aviation fuel ecosystem in the city of Alatau. This proposed ecosystem would cover the full production cycle, from cultivating agricultural feedstock to manufacturing the finished product.
These infrastructure investments align with recommendations from global aviation regulators and industry groups. In April 2026, the International Air Transport Association (IATA) emphasized that continued investment in SAF, alongside new airport infrastructure, is critical for Kazakhstan to capitalize on global passenger and cargo traffic and strengthen its domestic aviation sector.
AirPro News analysis
The KBR contract award represents a concrete technical step in Kazakhstan’s ambition to localize SAF production, but several commercial variables remain undefined. The August 24 announcement did not disclose the financial value of the engineering contract, the projected production capacity of the facility, or a target completion date. We note that while the alcohol-to-jet pathway is a proven method for SAF production, scaling agricultural feedstock supply-chain domestically will be critical to the plant’s long-term viability. The parallel involvement of Full Vision Capital suggests the government is actively working to finance and structure this agricultural supply chain in the Alatau region to ensure the KBR-designed facility has the necessary inputs to operate at scale.
Sources: KBR
Photo Credit: Montage
Technology & Innovation
Boeing and GM Complete Sale of HRL Laboratories to IBM
Boeing and GM finalized the sale of HRL Laboratories to IBM on August 25, 2026, supporting Boeing’s refocus on core aerospace operations.

The Boeing Company and General Motors Company have finalized the sale of their jointly owned research facility, HRL Laboratories, to International Business Machines Corporation (IBM), a divestment that allows the aerospace and automotive manufacturers to redirect resources toward their primary industrial operations.
The transaction transfers ownership of the Malibu, California-based research center, which Boeing and GM previously held in a 50/50 joint venture. The companies initially announced the acquisition agreement on July 23, 2026. Boeing and GM confirmed the completion of the sale in a press release on August 25, 2026, followed by IBM’s official confirmation on August 26. Financial terms of the Acquisitions were not disclosed.
Strategic realignment for Boeing and GM
For Boeing, the sale of HRL Laboratories aligns with a broader corporate Strategy to streamline operations and concentrate capital on its core commercial airplanes, defense, and space divisions. HRL Laboratories was founded in 1948 and has historically provided advanced physical science and engineering research for its parent companies.
In a joint statement, Boeing and GM indicated that they will maintain a working relationship with the laboratory under its new ownership to support their respective technological needs.
“Since its founding in 1948, HRL Laboratories has been a leader in pioneering work in physical science and engineering, and we look forward to IBM building on this legacy. While Boeing and GM will continue to partner with IBM and HRL on quantum applications and advanced technology development, our companies will focus our resources on our respective core businesses and delivering the programs and services necessary to meet our customers’ evolving needs.”
IBM accelerates quantum hardware roadmap
The acquisition provides IBM with HRL’s expertise in silicon-spin qubits, quantum sensing, and advanced materials. IBM plans to integrate these technologies into its dual-track hardware strategy, combining its existing superconducting circuits with HRL’s silicon quantum dot research.
This integration supports the development of the IBM Quantum Starling, a fault-tolerant quantum computer projected to perform 100 million quantum operations by 2029.
Jay Gambetta, Director of Research and IBM Fellow, noted in a company statement that the HRL team brings a broad portfolio of technologies that will strengthen IBM’s long-term plans to deliver useful quantum computing. Gambetta stated the acquisition brings together advances across quantum computing, sensing, and networking.
Rob Vasquez, President and Chief Executive Officer of HRL Laboratories, described the acquisition as the natural next chapter for the facility, noting the team’s dedication to exploring how future quantum computers could be built at unprecedented scales.
AirPro News analysis
We view Boeing’s divestment of HRL Laboratories as a pragmatic step in its ongoing effort to stabilize and refocus its core aerospace Manufacturing businesses. While quantum computing and advanced materials research hold long-term promise for aerospace applications, maintaining a 50 percent stake in a dedicated research laboratory requires capital and management bandwidth that Boeing currently needs for its Commercial-Aircraft production and certification programs. By transitioning from an owner to a partner, Boeing retains access to HRL’s quantum advancements without the financial overhead of managing the joint venture.
Sources: The Boeing Company
Photo Credit: HRL Laboratories
Technology & Innovation
Archer Aviation and AEG to Build eVTOL Vertiport at LA LIVE
Archer Aviation and AEG announce a multi-year partnership to develop an eVTOL vertiport at LA LIVE ahead of the 2028 Olympics.

Archer Aviation Inc. and Anschutz Entertainment Group (AEG) have established a multi-year partnerships to construct a dedicated vertiport for electric vertical takeoff and landing (eVTOL) aircraft at the L.A. LIVE district in downtown Los Angeles.
Announced in an August 24, 2026 press release, the agreement establishes Archer as the exclusive air taxi partner for the 4 million-square-foot sports and entertainment complex. The project serves as a central node for Archer’s planned Southern California network, targeting operational readiness ahead of the 2028 Olympic and Paralympic Games.
Infrastructure and Network Expansion
The two companies have completed an initial feasibility study for the L.A. LIVE site. This assessment evaluated land-use requirements, airspace integration, power availability, and community impact. The project has now advanced to a secondary phase focused on operational procedures and passenger experience.
To support flight operations, the facility will incorporate electric aviation chargers manufactured by BETA Technologies. This hardware integration aligns with the Advanced Air Mobility (AAM) industry’s ACES consortium, which aims to standardize charging infrastructure across different eVTOL platforms.
The downtown location will connect to a broader regional network. According to reporting by Aviation International News, Archer’s Los Angeles architecture includes a central operational hub at the newly acquired Hawthorne Municipal Airport (KHHR). Additional planned nodes include Los Angeles International Airport (KLAX), Hollywood Burbank Airport (KBUR), John Wayne Airport (KSNA), SoFi Stadium, and the University of Southern California. Pollstar News reports that passenger travel times across this network are estimated between 10 and 20 minutes.
Aligning with the LA28 Games
The vertiport development is closely tied to the upcoming LA28 Olympic and Paralympic Games. The Downtown Los Angeles Zone is scheduled to host 18 Olympic and Paralympic sports, positioning L.A. LIVE adjacent to Crypto.com Arena and the Los Angeles Convention Center as a high-traffic transit corridor. Archer previously secured the designation of Official Air Taxi Provider for the LA28 Games and Team USA.
Archer Founder and CEO Adam Goldstein highlighted the strategic timing of the infrastructure build.
“Working with AEG on an iconic project like this vertiport at L.A. LIVE gives us the opportunity to continue building the infrastructure needed for Southern California to lead in the next era of all-electric flight. We see this as a one-of-a-kind opportunity to add a flagship downtown location to our planned Los Angeles air taxi network ahead of the LA28 Games.”
AEG Global Partnerships President and Chief Operating Officer Nick Baker stated the collaboration blends infrastructure and technology to serve event attendees and the broader community.
Unconfirmed Site Details
While the partnership is confirmed, specific logistical details remain undisclosed. Aviation International News noted that the exact footprint of the vertiport within the L.A. LIVE campus has not been specified. Potential locations could include existing parking structures, including one with a 100,000-square-foot rooftop deck, though neither Archer nor AEG has verified a specific location. Funding structures, ownership models, and specific operational responsibilities for the vertiport also remain unannounced.
AirPro News analysis
Securing viable takeoff and landing real estate in dense urban centers remains one of the highest barriers to entry for the AAM sector. By partnering directly with AEG, Archer bypasses several municipal land-acquisition hurdles, leveraging existing private commercial space in a highly regulated downtown corridor. The decision to install BETA Technologies chargers is equally significant. We view this hardware choice as a pragmatic step toward interoperability, ensuring the site can potentially service mixed fleets in the future rather than operating as a closed ecosystem. The success of this node will likely depend on local airspace deconfliction over downtown Los Angeles and the finalization of high-capacity grid connections required for rapid turnaround times.
Sources: Archer Aviation
Photo Credit: Archer Aviation
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