VoltAero’s funding for the development of its Cassio 330 electric-hybrid aircraft has further increased with a €5.6 million grant from the French government via BPI France – the agency that supports France’s economic growth by assisting its entrepreneurs.
The financing was made available through the “France 2030” investment plan, which was established by the French government with the goal of sustainably transforming key sectors of the country’s economy – including aeronautics.
“This grant is another important vote of confidence in VoltAero and our vision to develop the unique family of Cassio electric-hybrid general aviation airplanes for safe, quiet, efficient and eco-friendly flight,” stated Jean Botti, VoltAero’s CEO and Chief Technical Officer.