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Vaeridion secures €124.5 million in Series A2 funding to develop an electric Microliner aircraft. The capital comes from SHIFT Invest and Invest-NL, joining earlier public funds totaling approximately €60 million. While the agreement awaits a 2027 signature, the startup targets certification by 2026 for a plane flying up to 400 km electrically.
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Summary by ByteBrief
Ireland Secures €26.7m in ESA Contracts