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Overair raises USD 145 million in new investment

Overair has announced it has received USD 145 million in new investment in its latest fundraising round. The company says the investment comes from “our good friends at Hanwha who have a successful history of developing and manufacturing aerospace technologies.”

“With this new investment” the company posts “we expect to take flight with Butterfly, our all-electric vertical take-off and landing aircraft in 2023, and begin to lay the groundwork for commercializing our technology.”

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(Image: Overair)

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