Electric Aircraft Maker Bye Raises $10M for eFlyers

Source: https://www.ainonline.com by Charles Alcock / July 15, 2020

Bye Aerospace this week raised a further $10 million to
support the development of its all-electric eFlyer family
of fixed-wing light aircraft. The U.S. company announced
on July 13 that an undisclosed venture capital group has
invested $5 million and that this was supplemented by
an additional $5 million venture raise.