Tag: Aerovel
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Boeing Insitu founders raise cash for Aerovel, which makes drones that take off and land vertically
(Aerovel Photos) An aerospace venture started by the founders of Boeing’s Insitu business unit just raised fresh cash as the company ramps up development of its unmanned aircraft. Aerovel raised $2.4 million, according to a filing with the Securities and Exchange Commission. We’ve reached out to the company for more details about the new funding. Update,…