eVTOL startup ZeroG bags $74M as Hefei bets on low altitude economy
To date, ZeroG has completed nine financing rounds, bringing its total publicly disclosed funding to approximately 1.2 billion yuan.
To date, ZeroG has completed nine financing rounds, bringing its total publicly disclosed funding to approximately 1.2 billion yuan.
Skydragon is led by a team with deep ties to China’s aerospace sector and Beihang University, a major source of talent for China’s aviation and aerospace sectors.
Founded in 2014, the company was among the first domestic firms to receive a phased-array weather radar operating license from the China Meteorological Administration.
The centerpiece was the AL-100, which the lab said is the world’s first 1-ton hybrid cargo drone, officially unveiled under the “Tianmushan 3” program.