Technology & Innovation
Ampaire Raises $19M Series B for Hybrid-Electric Certification
Ampaire closes $19M Series B backed by Alaska Airlines and IAG to fund FAA certification of its hybrid-electric propulsion systems.

Hybrid-electric aviation developer Ampaire closed a $19 million Series B financing round on August 18, 2026, securing capital from major airline venture arms to advance the commercial deployment of its propulsion systems.
The funding round, detailed in a company press release, brings Ampaire’s total raised capital to $68 million. The investment syndicate includes DiamondStream Partners, Alaska Star Ventures, which is the venture arm of Alaska Airlines (AS), and International Airlines Group (IAG) via IAGi Ventures. The capital injection is earmarked for achieving technical readiness and regulatory certification for the company’s hybrid-electric technology.
Certification and commercial deployment
Ampaire plans to use the Series B funds to support Federal Aviation Administration (FAA) Part 33 certification for its AMP-H570 power system. The AMP-H570 is an integrated-parallel hybrid-electric drive capable of a 570-kilowatt power output.
The capital will also fund the pursuit of a Part 23 Supplemental Type Certification (STC) for the Eco Caravan, a modified Cessna Grand Caravan. According to the press release, flight tests of the Eco Caravan have demonstrated a 54 to 57 percent reduction in total fuel burn compared to legacy turboprop configurations.
Ampaire co-founder and CEO Kevin Noertker stated that the financing will transition the company’s proven flight performance into scaled operations.
“We have consistently demonstrated the technology in flight; this capital accelerates our deployment with customers, and expands our supply chain, manufacturing and operating capabilities required to reach commercial scale,” Noertker said.
Airline backing and practical applications
The participation of major airline groups highlights industry interest in near-term decarbonization technologies that do not require entirely new airframes. Ampaire is currently developing applications for both primary propulsion and auxiliary power units (APUs).
Diana Birkett Rakow, CEO of Hawaiian Airlines (HA) and Executive Vice President at Alaska Airlines, noted that hybrid-electric propulsion offers a pathway to improve regional aviation economics while maintaining necessary range and flexibility. She highlighted Ampaire’s approach of advancing technologies that avoid the need for significant new charging infrastructure.
IAGi Ventures Managing Partner Raza Ali echoed this sentiment, pointing to the practical application of hybrid systems to existing aircraft. Ali specifically noted the potential for hybrid-electric APU solutions to reduce ground-based fuel consumption.
Flight testing and non-dilutive funding
To date, Ampaire aircraft have accumulated 38,000 hybrid-electric miles in test flights. The company is also expanding its flight operations under the FAA’s electric In-Use Proving Program (eIPP).
Of the $68 million raised by the manufacturer, approximately $25 million consists of non-dilutive grants and contracts. These include agreements with the U.S. Air Force, the U.S. Department of Energy ARPA-e division, and NASA.
AirPro News analysis
We view Ampaire’s ability to attract legacy airline venture capital as a strong indicator of the industry’s pivot toward pragmatic, retrofit-focused decarbonization. While clean-sheet electric vertical takeoff and landing (eVTOL) and hydrogen projects face steep certification and infrastructure hurdles, Ampaire’s strategy of applying hybrid-electric systems to proven airframes like the Cessna Grand Caravan offers a lower-risk pathway to market. The specific interest from IAG in APU applications suggests that hybrid technology may find its first widespread commercial airline use on the ground rather than in the air, providing immediate fuel savings for existing narrowbody and widebody fleets.
Sources: Ampaire
Photo Credit: Ampaire
Technology & Innovation
The Airplane Farm Unveils Three Electric VTOL Aircraft
Nevada firm The Airplane Farm announces three electric VTOL platforms targeting commuter, aerobatic, and tactical defense markets.

Sparks, Nevada-based aerospace design firm The Airplane Farm, Inc. announced the development of three new all-electric vertical takeoff and landing (VTOL) aircraft on August 15, 2026, targeting the personal commuter, aerobatic, and tactical defense markets.
In a press release, the company stated the new lineup utilizes a patent-pending Electric PowerWing Airframe and aligns with the recently updated ASTM F3840-26 standards for Light Sport Powered Lift and multicopter integration. Prototype construction and initial testing are currently underway at the manufacturers development facility.
Three distinct VTOL platforms
The Airplane Farm introduced three specific models, each tailored to a different operational profile:
- Harvest CAV (Commuter Air Vehicle): Designed as an accessible commuter aircraft and weekend flyer, the Harvest targets sport pilots seeking an intuitive platform for daily travel.
- Storm ExAV (Extreme Air Vehicle): Billed as a high-G, unlimited manned aerobatic VTOL, the Storm features a carbon fiber structure built for competitive racing and edge-of-the-envelope maneuvering. The manufacturer notes the design is a direct descendant of the championship-winning MXS Red Bull Air Racer.
- BarnCat TUAV (Tactical Utility Air Vehicle): Developed for defense applications, the BarnCat is an optionally piloted platform intended for rapid deployment. It can accommodate a crew for tactical operations or operate as an unmanned aerial vehicle (UAV) for high-risk missions.
Engineering background and development
The company indicated that its engineering team draws on past experience with aviation projects including the ViperJet, Javelin, TwinJet, and the Red Bull MXS.
A company representative stated that the diverse lineup demonstrates the scalability of their engineering, bridging “pure weekend fun to elite competition and complex tactical deployment.” The manufacturer is currently conducting initial testing phases at its facility, which it refers to as “the Barn.”
AirPro News analysis
The Airplane Farm’s strategy to simultaneously develop three distinct VTOL platforms represents an ambitious approach for a boutique aerospace firm. By aligning with the ASTM F3840-26 standards, the company is positioning its civilian models to take advantage of the evolving regulatory framework for powered-lift aircraft in the Light Sport category. We note that while the shared Electric PowerWing Airframe may offer manufacturing efficiencies, certifying and bringing three separate use-case vehicles to market concurrently will require substantial capital and testing resources.
Sources: The Airplane Farm, Inc.
Photo Credit: The Airplane Farm
Technology & Innovation
CoolFly Urban Standing eVTOL Launched in Hangzhou China
CoolFly unveiled its Urban standing-position eVTOL in Hangzhou, targeting FAA Part 103 ultralight compliance for license-free personal flight.

CoolFly (Zhejiang) Aircraft Technology officially introduced its “Urban” standing-position electric vertical takeoff and landing (eVTOL) aircraft during a product launch event in Hangzhou, China, on August 13, 2026.
The Launch, detailed in a press release distributed via PR Newswire, also featured the company’s “Dream” series of seated personal aircraft and its proprietary NA80 flight control system. By targeting Federal Aviation Administration (FAA) Part 103 compliance for ultralight vehicles, CoolFly intends to offer personal flight capabilities without requiring operators to hold a pilot’s license or medical certification.
Standing-position eVTOL design and specifications
The Urban aircraft introduces a novel standing-position configuration to the emerging personal eVTOL market. To qualify under FAA Part 103 ultralight regulations, the aircraft must meet strict weight and performance limitations. According to Aerospace Global News, the Urban targets an empty weight of 110 kilograms (242 pounds).
Performance specifications released by the company indicate the Urban can reach speeds of 43 miles per hour (70 kilometers per hour) and achieve a flight time of 20 to 30 minutes on a single charge. The standing configuration is designed to minimize the aircraft’s physical footprint while providing an intuitive operator experience.
The Hangzhou launch follows the company’s North American debut at Experimental Aircraft Association (EAA) AirVenture Oshkosh on July 20, 2026. During that event, CoolFly Brand Marketing Lead Alex Chen highlighted the company’s strategy of bringing physical hardware to the public.
“This is our first AirVenture, and we wanted to bring an aircraft people can inspect for themselves. Dream ST is the model at the booth. Urban, our standing-position ultralight…” Chen stated.
Flight control technology and testing
Alongside the airframes, CoolFly detailed its NA80 flight control system. The architecture features dual-redundant flight-control units and triple-redundant inertial measurement units (IMUs) to maintain stability and control in the event of component failure.
The company reports accumulating 30,000 miles of prototype testing. This testing campaign included a January 6, 2026, concept debut at the Consumer Electronics Show (CES) in Las Vegas and a February 2026 cold-weather flight demonstration in Harbin, China.
CoolFly CEO Wayne Lee emphasized the company’s broader ambitions for the personal aviation sector during the launch cycle.
“We are not just manufacturing aircraft; we are architecting a new way of life,” Lee said. “We aim to make personal eVTOL as ubiquitous as bicycles.”
Insurance coverage and market rollout
Commercializing personal eVTOLs requires addressing liability and hull risks. On June 5, 2026, CoolFly announced it had secured an integrated domestic and international insurance solution. The policies are underwritten by PICC Property and Casualty and China Pacific Property Insurance, providing hull loss protection and liability coverage for manned operations of both the Urban and Dream models.
While the official press release dates the Hangzhou launch event to August 13, 2026, a post on CoolFly’s official website dated August 14, 2026, indicates the event took place on August 10, 2026. Delivery timelines also remain fluid. The company’s website lists conflicting estimated delivery dates of 2027 and 2028 for new Orders, while noting that production capacity for 2025 through 2027 is entirely sold out.
AirPro News analysis
CoolFly’s decision to pursue a standing-position aircraft is a direct response to the stringent weight limits of FAA Part 103. By eliminating the seat and reducing the overall cabin structure, the manufacturers saves critical pounds that can be reallocated to battery mass. Battery energy density remains the primary bottleneck for electric ultralights, making every pound of structural weight a penalty on flight time.
While Part 103 offers a clear regulatory path to market by bypassing formal type certification and pilot licensing, it restricts the aircraft to recreational use in uncongested airspace. We view the standing configuration as an innovative weight-saving measure, though it remains to be seen how the consumer market will respond to the ergonomics of standing during flight, even for the relatively short 20- to 30-minute endurance window.
Sources: CoolFly Aircraft
Photo Credit: CoolFly
Technology & Innovation
Rolls-Royce Pearl 15 Completes Full Hydrogen Flight Cycle Test
Rolls-Royce and TCS demonstrate 100% hydrogen combustion across a full simulated flight cycle using a modified Pearl 15 engine.

In a press release issued on August 14, 2026, TCS detailed its engineering contributions to the ground testing program conducted at the National Aeronautics and Space Administration (NASA) Stennis Space Center in Mississippi. The test, initially announced by Rolls-Royce and easyJet (U2) on April 29, 2026, utilized a modified Rolls-Royce Pearl 15 engine to prove that hydrogen combustion can safely power an aircraft from start-up through take-off, cruise, and landing.
Engineering the hydrogen flight cycle
The four-year hydrogen propulsion program aims to develop a zero-carbon alternative to conventional jet fuel. During the recent tests at NASA Stennis, the modified Pearl 15 engine reached full take-off power using solely hydrogen fuel. TCS provided integrated engineering, systems, and software expertise to support the milestone.
The firm assisted with fuel system and engine controls integration, hydrogen combustion analysis, and data analytics. Anupam Singhal, President of Manufacturing at TCS, stated that the achievement reflects the results of combining advanced engineering with digital capabilities and deep ecosystem collaboration.
Progression of the Rolls-Royce and easyJet partnership
The hydrogen testing initiative is a joint venture between Rolls-Royce and easyJet, supported by the UK Health and Safety Executive (HSE). The program previously reached a major milestone in 2022 when the companies successfully ran a Rolls-Royce AE 2100 engine on 100% green hydrogen at Boscombe Down in the United Kingdom. In July 2024, the partners announced plans to move to full-scale outdoor testing at the NASA facility.
The data gathered from the Pearl 15 simulated flight cycle will inform future engine designs. Adam Newman, Chief Engineer of the Hydrogen Demonstrator Programme at Rolls-Royce, noted that the rigorous testing approach yielded valuable insights into hydrogen behavior in modern gas turbines. Newman added that these learnings will support future propulsion innovations, including the Rolls-Royce UltraFan architecture.
AirPro News analysis
While Sustainable Aviation Fuel (SAF) remains the industry’s primary near-term tool for decarbonization, we view the successful full-cycle Test-Flights of the Pearl 15 as a strong indicator that direct hydrogen combustion is technically feasible for future Commercial-Aircraft. The aviation sector currently accounts for approximately 2 to 3 percent of global carbon dioxide emissions. Transitioning from ground tests to flight tests will require overcoming substantial hurdles in cryogenic fuel storage and aircraft redesign. However, validating the engine core’s ability to handle 100% hydrogen across varied thrust settings removes a major technical barrier for original equipment OEMs exploring zero-carbon narrowbody designs.
Sources: Tata Consultancy Services
Photo Credit: Rolls-Royce
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