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Doroni Aerospace

Doroni Aerospace raises $3.5M from investors, achieves untethered hover flight test

Doroni Aerospace Press Release | May 16, 2023

Estimated reading time 2 minutes, 48 seconds.

Doroni Aerospace, Inc. (“Doroni”), a Miami-based company developing a 2-seater eVTOL (electric vertical takeoff and landing aircraft), is proud to announce the successful close of its second crowdfunding raise on the equity crowdfunding platform, StartEngine.com. After raising $2.4M from 1,042 investors this round, to date Doroni Aerospace has raised a combined $3.5M+ from a total of 1,956 investors.

Doroni Aerospace
Doroni Aerospace said it has raised a total of more than $3.5 million from 1,956 investors. The company has also achieved an untethered hover test flight using a full-scale eVTOL prototype. Doroni Aerospace Image

“We are just getting started and there is still plenty of work to be done. Our mission to make safe, efficient, and sustainable air travel accessible to the masses with the Doroni H1 eVTOL remains the same. We’ll keep pushing the boundaries of what’s possible,” said CEO & Founder Doron Merdinger.

Just days before closing the campaign, the Florida-based startup released a video of the full-scale Doroni eVTOL prototype (known as the H1P1) making a short untethered hover test flight at its 13,000 sq. ft. R&D facility in Pompano Beach. The company shortly thereafter released a statement to investors announcing that they had completed a total of 23 test flights with the aircraft.

During an interview with FutureFlight, Doroni’s Business Development Manager Yaakov Werdiger said, “The current prototype resembles our final product… The frame is currently going through a full redesign to reflect the level of safety that our customers expect and deserve from us. We are also making minor changes to our wings and ducts to allow a better and more efficient aerodynamic design.”

Doroni currently has its eyes on a forthcoming Series A raise to support the company’s next major phase of growth.

This press release was prepared and distributed by Doroni Aerospace.

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