AVIC-backed Flying Whales, which is developing an airship that can transport up to 60 tons of cargo, raised its most recent funding this month.
France-based airship developer Flying Whales has raised a total of €200m ($246m) in funding to date from investors including aerospace manufacturer Aviation Industry Corporation of China (AVIC), Bloomberg reported on Tuesday.
The company’s investors also include French state-owned investment bank BPIFrance; ONF Participations, the investment arm of France’s national forestry office, Office National des Forêts; and an unnamed representative of France’s Nouvelle Aquitaine region.
Flying Whales is working on an airship that can carry cargo of up to 60 tons…
