Five or six “shortlisted” eVTOL companies that have secured less than $5 million in funding will be invited to the Revolution.Aero conference October 1 and 2 at the Grand Hyatt, San Francisco, according to the conference’s website.
“They will then receive comments from the judges and be voted for by the audience” stated the conference schedule – indicating that the audience will have a say in the future of one of the startup ventures.
The website did not provide any information in terms of the potential size of such investments, but considering many confirmed attendees and the interest surrounding the event, investments would most likely be game-changing for the companies vying for the top slot in the pitch component of Revolution.Aero.
Judging will be conducted by a panel including Pau Signh of JetBlue Technology Ventures and Chris Abshire, or Toyota AI Ventures.
Why it’s important: There are already a number of established eVTOL and flying taxi manufacturing companies in the industry (almost 80) but there are even more small startups that have drive and innovative technologies and processes that should be rewarded. The Revolution.Aero conference is giving them the chance to do just that – show off why they should be among the ranks of giants in the aerospace industry and push the norm of design, testing, and production past what the standard has been for the last 50 years.
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