Core Insights - EVT Aerotechnics (Nanjing) Co., Ltd. has recently completed a Series A financing round amounting to several hundred million RMB [1][3]. Company Overview - EVT Aerotechnics was established in January 2022, with a core team originating from COMAC, involved in the development of major domestic aircraft models such as Y-8, ARJ21, and C919. The founder, Ren Wenguang, has nearly 20 years of experience in aircraft design and validation. The company aims to accelerate the development of Urban Air Mobility (UAM) and provide innovative solutions for future aerial transportation [2]. Financing History - The Series A financing round, completed on August 28, 2025, was led by Jinfeng Investment, with participation from Jinggong Technology, Inbol Electric, Shengjing Jiacheng, and Ralph Venture Capital, along with additional investment from existing shareholder Bangsheng Capital. Deep Blue Capital served as the exclusive financial advisor for this round. The funds will primarily be used for the development and airworthiness certification of the main aircraft model, building production capacity for the Electric Propulsion System (EPS), and commercial validation of various scenarios [3]. - In July 2023, the company completed a strategic financing round with investors including Shangle Electronics and Bangsheng Capital, although the amount raised was not disclosed [4]. - In May 2022, the company secured a strategic financing of 20 million RMB from Shangle Electronics [5]. Product Development - The core product of EVT Aerotechnics is the ET9 series electric vertical takeoff and landing aircraft (eVTOL). The ET9 is a five-person, four-seat aircraft with a maximum takeoff weight of 2.2 tons, a maximum range of 240 kilometers, and a maximum speed of 240 km/h. It features a four-rotor, eight-blade composite wing design, with over 85% usage of carbon fiber composite materials, resulting in a lightweight and simple structure [6]. - The company has chosen to focus on the composite wing configuration, which combines the flexibility of vertical takeoff and landing with the long-range advantages of fixed-wing aircraft, suitable for logistics transportation and urban shuttle scenarios. The self-developed Electric Propulsion System (EPS) has achieved full domestic production of motors, controls, and propellers, significantly reducing production costs compared to imported solutions. The prototype of the ET9 platform was developed and flew within 17 months, shorter than the industry average of 24-36 months. The prototype has completed over 400 test flights, with data used for system validation, flight control algorithm optimization, and structural lightweight improvements. The manned version is designed for a range of 200 kilometers, with plans to complete airworthiness certification by 2027. The cargo version can carry 500 kilograms, with plans to initiate a near-sea material supply pilot with a shipping service company in 2026, reducing transportation costs by 60%-70% compared to existing aviation solutions [8]. - The ET3 is a hydrogen-lithium hybrid energy eVTOL developed by the company, designed for long-distance inspection and surveying tasks, with a planned range of up to 800 kilometers, significantly expanding operational scope and application potential. Initial data indicated a range of 500 kilometers. The ET3 features an all-composite material structure, offering long endurance and range capabilities [9].