Cosmic Aerospace, a Centennial, CO-based aerospace startup, raised $4.5M in Seed funding.
The round was led by Pale blue dot with participation from tech investors including Aera VC, Visionaries Club TOMORROW, Fifty Years, Possible Ventures, Syndicate One, Course Corrected, Understorey Capital and Samurai Incubate.
The company intends to use the funds to accelerate the development of its first electric aircraft capable of flying up to 1,000 kilometers (more than 600 miles).
Led by CEO Christopher Chahine, Cosmic Aerospace is an electric aviation startup designing technologically aircraft and engines specifically for electrifying air travel. The company has built and tested a full-scale electric jet engine from the ground up and is continuing on its rapid development pathway towards a flying demonstrator in 2026.
Cosmic is in conversation with various airlines and other key stakeholders across the aviation industry.
FinSMEs
12/02/2024