Seed · Aerospace & Defense · Vilnius, Lithuania · Founded 2024 · 5–15 employees
Airvolve is a deep-tech aerospace startup developing revolutionary heavy-lift aircraft for civil and defense missions using unique horizontal-axis propulsion technology. Their VTOL aircraft is projected to operate at 10 times lower costs than conventional helicopters while carrying 200kg payload over 100km range. The company successfully tested its prototype in May 2024 after investing €2M in R&D. Founded by experienced aerospace professionals including former NASA and Ryanair Engineering talent, Airvolve recently secured €825k in funding from Coinvest Capital and Baltic Sandbox Ventures.
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