Zero Gravity Aircraft Industry completes 150 million yuan Pre-B round financing

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Zero-Gravity Aircraft Industry (Hefei) Co., Ltd. (short for “Zero-Gravity Aircraft Industry”) announced on March 30 that it has completed a RMB 150 million Pre-B round of financing. The round was jointly invested by Xichuang Venture Capital and the Huishan District of Wuxi City. The funds will be mainly used for R&D of core products and building an innovative business model. Up to now, the company has completed nine rounds of financing. Zero-Gravity Aircraft Industry is a manufacturer of complete new-energy manned aviation aircraft that develops both eCTOL (electric conventional takeoff and landing aircraft) and eVTOL (electric vertical takeoff and landing aircraft). Its two eCTOL models have received orders for nearly 1,000 aircraft. The type certificates (TC) for its multi-rotor eVTOL ZG-ONE “Quefei” and tilt-rotor eVTOL ZG-T6 have been accepted by the Civil Aviation Administration of China. (People’s Finance News)

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