Core Insights - Weixing Aerospace Technology (Xi'an) Co., Ltd. has successfully completed nearly 100 million yuan in seed and angel round financing, which will be used for the test flight preparation of the world's first 7-seat, 3-ton eVTOL Vector 5, as well as for airworthiness certification and the construction of a new production line in the Yangtze River Delta [1][4][5] Company Overview - Established in 2023, Weixing Aerospace's core product, Vector 5, is a 7-seat, 3-ton composite wing eVTOL with a maximum takeoff weight of 3180 kg, a range of 300 km, and a cruising speed of 250 km/h. The full-size prototype is scheduled to roll off the production line in June 2025 [4] - Vector 5 is designed for high reliability and adaptability in complex environments, aiming to provide efficient and stable aerial support for emergency rescue operations, as well as applications in urban commuting, high-end tourism, and business connections. The company has secured one full purchase order and 29 intent-to-purchase orders for this model [4] Financing Details - The recent financing round was led by Muhua Technology Innovation, with participation from leading listed companies and local state-owned enterprises. Muhua Technology Innovation is an investment platform initiated by Muhua Group, a wholly-owned subsidiary of Tsinghua University Asset Management Co., Ltd. [4] - The investment focus of Muhua Technology includes sectors driven by new-generation information technology, such as new energy vehicles, semiconductors, artificial intelligence, enterprise SaaS services, and educational technology [4] Industry Impact - The successful completion of this financing not only provides strong momentum for Weixing Aerospace's technology development and model advancement but also offers more imaginative space for innovation and upgrades in the low-altitude economy industry [5] - The company aims to continue focusing on the development and implementation of high-load, high-efficiency, and high-safety eVTOLs, contributing to the construction of urban air traffic and emergency rescue systems both in China and globally [5]
维新宇航连续完成近亿元种子轮、天使轮融资 加速全球首款3吨级eVTOL研发
Zhong Guo Min Hang Wang·2025-11-01 09:21