Business Daily Media

The Times

.

VOLANT Aerotech Secures Nearly RMB 1 Billion in Series C+ Round, Bolstering Global Lead in Commercial Passenger eVTOL Sector

SHANGHAI, CHINA - EQS Newswire – 29 May 2026 – VOLANT Aerotech, a leading pioneer in China's commercial passenger electric vertical takeoff and landing (eVTOL) sector, today announced the successful completion of its Series C+ financing round.

This marks the company's second major funding achievement within a single month, raising nearly RMB 1 billion in this round alone.

The funding was led by China Life Investment (a premier state-owned insurance investment platform). It saw strong participation from Minjin Investment (a Shanghai Minhang District state-owned platform), NIO Capital (a leader in the new energy vehicle sector), CoStone Capital (a top-tier market-driven VC), and existing shareholder China Internet Investment Fund (CIIF). China Renaissance and CYGNUS EQUITY acted as the financial advisors.

A Robust "Capital Ecosystem" to Fuel Commercialization

Over the past five years, VOLANT Aerotech has secured over RMB 5 billion through 13 rounds of market-driven financing, setting a fundraising record in China's manned eVTOL industry.

Moving beyond traditional venture capital structures, VOLANT has strategically built a powerhouse shareholder matrix spanning global strategic capital, national insurance funds, multi-level state-owned capital, industrial chain leaders, and top-tier VCs. This powerful synergy is meticulously designed to support the intensive R&D cycles, stringent airworthiness certifications, and global market expansion unique to the eVTOL sector.

The new capital influx will be primarily utilized to accelerate flight testing, advance airworthiness certification, and deepen industrial chain integration, paving the way for large-scale commercial operations.

Clear Milestones in Airworthiness and R&D

As a frontrunner in high-grade passenger eVTOLs, VOLANT has established a fully independent and controllable core technology system, overcoming critical bottlenecks in power systems, avionics, and structural design.

In October last year, VOLANT made headlines by successfully completing its first piloted test flight, validating the high maturity and safety of its aircraft design. Currently, the company is aggressively advancing the airworthiness certification of its flagship model, the VE25-100, with the goal of securing certification and commencing commercial deliveries by 2027.

Dual-Engine Strategy: Seamless Domestic and Global Expansion

VOLANT's market strategy leverages a "dual-engine" approach, combining deep localization within China with aggressive global expansion.

  • Domestic Footprint: Headquartered in Shanghai, VOLANT has locked in over 1,900 domestic orders valued at RMB 47.5 billion. The company has forged deep industrial partnerships with state-owned giants such as China Southern Airlines General Aviation, Asian Express Aviation, and ABC Financial Leasing to build infrastructure and pilot operations.
  • Global Network: VOLANT has rapidly established a robust "Southeast Asia – Middle East – Europe" market network. Key international milestones include:
  • ○ Southeast Asia: A landmark three-way agreement signed in July 2025 with Thailand's Pan Pacific and AVIC International Engineering for 500 aircraft (valued at USD 1.75 billion), setting a record for Chinese passenger eVTOL exports.
    ○ Middle East & Europe: A joint order signed during the November 2025 China International Import Expo (CIIE) with Dubai's IC Leasing and Germany's DC Aviation for 30 aircraft.

Backed by its world-class capital ecosystem, rigorous technical execution, and solid global order book, VOLANT Aerotech is uniquely positioned to lead the high-quality development of the global eVTOL industry and unlock the multi-trillion-dollar low-altitude economy.

Hashtag: #VOLANTAerotech

The issuer is solely responsible for the content of this announcement.

News from Asia

HRiQ™ Unveils Intelligent HR System With AI-Powered Functions, Extending Professional-Grade Capabilities to Organisations of Every Size

SINGAPORE - Media OutReach Newswire - 28 May 2026 - HRiQ™ by IQ Dynamics has officially announced an intelligent HR System aimed at easing HR practitioner pains and processes, its next-generation...

Bracell Exceeds Female Entrepreneurship Target and Reaches 73% of Projects Led by Women

Company brings forward its Bracell 2030 target and strengthens social impact through income generation and female empowerment in local communities SINGAPORE - Media OutReach Newswire - 28 May 2026...

TrendAI™ is recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Endpoint Protection Platforms

Named a Leader in Endpoint Protection Platforms 21 times in a row HONG KONG SAR - Media OutReach Newswire - 28 May 2026 - TrendAI™, the enterprise AI security leader from Trend Micro Incorpora...

Eternal Group Launches "The Eternal Path to China" at Esxence 2026, Offering a Strategic Roadmap for International Fragrance Brands Entering the Chinese Market

HONG KONG SAR - Media OutReach - 28 May 2026 - Eternal Beauty Holdings Limited (Eternal Group; Stock Code: 6883.HK), for over four decades the preeminent strategic gateway for fragrance and beauty...

Friso Champions Good Gut Health this World Digestive Health Day with The Secret Garden to Good Poop

SINGAPORE - Media OutReach Newswire - 26 May 2026 - Parents know that good gut health matters, but terms like gut microbiota, prebiotics, and probiotics can often feel overwhelming and difficult t...

TabTrade Edge Matches the Industry's Lowest Average Spreads on the Majors, Datalyst Data Shows

Measured across the full month with the daily rollover excluded, the Edge account averaged 0.04 pips on the majors, level with the best in the field. RODNEY VILLAGE, SAINT LUCIA – Media OutReach N...

Linz Health Launches Advanced Neurorehabilitation Clinic in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 28 May 2026 - Linz Health, an Australian-founded neurorehabilitation provider, has launched its first Hong Kong clinic, introducing a specialised out...

Leading UK school group to establish Phuket campus as international school demand grows beyond Bangkok

Recognised as Independent Secondary School of the Year 2026, NLCS will bring its academic model to Cherng Talay through a new day and boarding school for families across Thailand and the region ...

Oi Wah FY2026 Net Profit Surges by Nearly 48%, Continuous Expansion of Net Interest Margin Demonstrates Business Resilience

Prudent Risk Management Yields Solid Outcomes metrics, Core Pawn Business Demonstrates Resilient Growth with Proposed Final Dividend of HK$1.15 cents per share Results Highlights: Profit ...

ONYX Hospitality Group Advances Quality-Led Growth Across Asia-Pacific Through a Disciplined and Strategic Portfolio Expansion Approach

BANGKOK, THAILAND - Media OutReach Newswire - 28 May 2026 - ONYX Hospitality Group, a leading hospitality management company in Asia Pacific specialising in hotels, resorts, serviced apartments, a...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...