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February 9, 2024

Cosmic Aerospace Secures $4.5M for Electric Aircraft Innovation

Cosmic Aerospace, a cutting-edge startup focused on electric aircraft innovation, secures a remarkable $4.5 million

Introducing Cosmic Aerospace, a pioneering US-European startup in the aerospace domain, specializing in electric aircraft technology. The company is making waves with its recent announcement of securing a substantial $4.5 million in seed funding. This infusion of capital is set to propel Cosmic Aerospace's mission to the forefront of electric aviation, revolutionizing the industry with aircraft capable of covering distances up to 1,000 kilometers.

Unlike many competitors focusing solely on battery advancements to extend flight range, Cosmic Aerospace distinguishes itself by prioritizing innovative engineering in both fuselage design and propulsion systems. By pushing the boundaries of electric-powered flight to unprecedented distances, Cosmic is leading the charge towards sustainable aviation, envisioning a future free from fossil fuel dependency during air travel.

At the helm of Cosmic Aerospace is Christopher Chahine, a visionary research and development engineer and Ph.D. graduate from esteemed institutions like the von Karman Institute for Fluid Dynamics and the University of Oxford. Chahine's relentless pursuit of impactful solutions to combat aviation emissions serves as the driving force behind Cosmic's ambitious endeavors.

Backed by a stellar team including CTO Marshall Gusman, with extensive expertise garnered from esteemed organizations like NASA and Boom Supersonic, along with seasoned aircraft developer and former co-founder of Boom Supersonic, Joe Wilding, Cosmic Aerospace boasts a formidable lineup of industry talents.

The injection of $4.5 million in seed funding, led by Pale blue dot, with prominent investors like Aera VC, Visionaries Club Tomorrow, Fifty Years, Possible Ventures, Syndicate One, Course Corrected, Understorey Capital, and Samurai Incubate joining the round, underscores the confidence in Cosmic's vision. These funds will drive the development of the company's innovative embedded wing design, a pivotal element in maximizing energy efficiency.

Looking ahead, Cosmic Aerospace is on track to unveil its first full-scale flight demonstrator in 2026, with commercial deployment slated for the end of the decade. With this significant milestone, Cosmic is poised to redefine the future of electric aviation, ushering in a new era of sustainable and efficient air travel.

Neil Hodgson Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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