Asia-Pacific AAM Report 1H 2023
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OEM OVERVIEW<br />
MILESTONES<br />
Jun<br />
Jul<br />
Founded<br />
Mk-5 SN2: Unveiled the full scale prototype<br />
2018 2019 2020 2021 2022 <strong>2023</strong><br />
Mk-3: First uncrewed test flight<br />
Mk-5 SN2: First uncrewed flight test<br />
Feb<br />
Sep<br />
CERTIFICATION PROGRESS<br />
Mk-3 and Mk-5 were not yet in certification phase<br />
FUNDING<br />
DATE ROUND AMOUNT(USD) 1 INVESTORS<br />
May 24, 2019 Seed Round $456,203 Drone Fund, Incubate Fund, TomyK<br />
Aug 26, 2020 Corporate Round $470,281 Yoshimasu Seisakusho<br />
Jun 21, 2022 Venture Round $3,302,609<br />
MITSUI SUMITOMO INSURANCE Venture Capital, TS TECH,<br />
Kyowa Technica, TOKO and Mitsubishi Gas Chemical Company<br />
Note: 1. The original announcements of funding are expressed in Japanese Yen. The fundings were converted to United States Dollars using the exchange rate on the announced date.<br />
ORDERS<br />
Mk5 (SN3 and SN4) received pre-orders, details were unspecified<br />
GLOBAL PARTNERSHIPS<br />
Aug 17, 2020<br />
Jul 7, 2021<br />
Yoshimasu Seisakusho announced that it will assist teTra in building titanium and aluminum components<br />
Signed a partnership agreement with Minamisoma City, Fukushima Prefecture to strengthen the development of<br />
flying cars<br />
Milestone information was retrieved from eVTOL News. Funding information was retrieved from Crunchbase. Information in the Global Partnerships<br />
section was retrieved from Nikkei <strong>Asia</strong> News and Nikkan Jidosha Shimbun. teTra aviation corp. had checked the profile with Global Sky Media. The<br />
information cut off date was March 31, <strong>2023</strong>.<br />
36 | <strong>1H</strong> <strong>2023</strong> ASIA-PACIFIC <strong>AAM</strong> REPORT
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