Raised $1.5B, led by Paradigm.
The company said the funding supports expand its U.S. manufacturing facilities and ramp up hiring as it builds a nationwide drone delivery network.
AfterRaise daily
9 companies raised $2.7B in disclosed rounds of $5M or more. Every figure links to its source, and every company page follows what happens next.
The company said the funding supports expand its U.S. manufacturing facilities and ramp up hiring as it builds a nationwide drone delivery network.
The company said the funding supports support advanced technologies, expansion of U.S. manufacturing capacity,development and production of next-generation spacecraft, Synchronicity deployment, and international growth.
The company said the funding supports support its expansion across multiple verticals, spanning commercial vehicles,energy storage systems, power generation, autonomy software, and defense applications, as well as the continued ramp-up of its medium-duty platform manufacturing capacity.
The announcement did not set out what the funding supports.
The company said the funding supports advance customer pilots, testing, and validation, early manufacturing, and the expansion of its modular platform into a broader family of vehicles built for regional freight needs.
The announcement did not set out what the funding supports.
The company said the funding supports transition from technology development to industrial production, bringing its platform to mass production in 2027 for EV charging, energy storage, and DC microgrids, and expanding into AI data centers.
The company said the funding supports build and operate a demonstration plant, complete the engineering design for a 75-barrel-per-day commercial plant, secure airline fuel contracts, and begin licensing its Ouro reactor technology.
The company said the funding supports support the development of customer-specific AI agents and the company's expansion in the United States.
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