Urban Aeronautics secures first $10 million in funding to help fuel technology behind its hydrogen-powered CityHawk eVTOL aircraft
Urban Aeronautics, the Israel-based aerospace company behind the CityHawk VTOL aircraft has announced it has secured the first $10 million towards their next round, which will help fund the technology to power the hydrogen-fuelled model.
The added funds from this round, which included private investors from Brazil, Israel and the USA, come after the latest successful test flights for the company’s tech demonstrator in early July. They showcased the CityHawk’s capabilities for smooth vertical takeoff, landing, and short-distance flight in wind conditions, a key step on the path to commercial production for inner-city air travel.
Urban Aeronautics CEO Nimrod Golan-Yanay, said: “The Urban Aeronautics team has formidable experience in aerospace engineering, aviation development, and bringing emerging technology products to market.
“While we know that the vigorous testing and regulatory compliance that comes with any new aviation technology is still in development across the globe, we are extremely excited and bolstered by the milestones we’ve achieved in recent months that show how ideally suited CityHawk is for practical applications right within the city itself.”
The company is currently looking to raise a Series A round of at least $100 million and to-date, has completed more than 300 successful test flights of its 2,400lb prototype, which has been in development since 2006. The company has said it is committed to 100 per cent hydrogen power for its entire product line, and its team has over 400 years combined aviation experience.
Under the new leadership of Golan-Yanay, who become CEO in October 2020, Urban Aeronautics has achieved several milestones in the past year. These include a partnership with HyPoint to adapt hydrogen fuel-cell technology for aviation, a pre-order with Hatzolah Air for four CityHawk eVTOL aircraft to be used as air ambulances and an impact study agreement with Skyports, to study the infrastructure needed for vertiports in major urban hubs in the Middle East. This also includes how vertiports can be designed to support a hydrogen-fuelled air fleet.
The CityHawk is a car-sized eVTOL aircraft designed for multiple trips within a city per day with zero emissions and minimal noise. It is intended for commercial air charters and emergency medical services (EMS) and will be piloting, carrying four passengers.
It will have a maximum range of about 150 miles which includes reserves, and a cruise speed of 130kts. In terms of noise, Urban Aeronautics says the CityHawk will have a projection of 70dBA at 700ft.
As part of the CityHawk is the Fancraft™ System, which is a distinct, wingless exterior and patented fully-enclosed rotor system. Urban Aeronautics says it is intrinsically safer and quieter than exposed rotors, with guiding vanes to provide maximum stability in hover mode. The system will be powered by electricity generated from hydrogen fuel cells, while a streamlined control system and 360° sensors allow for simplified piloting and safer flights.
The planned roadmap of the CityHawk will see the first production prototypes ready by 2024, with certification completion and initial deliveries and commercial flights starting in 2026. The hydrogen variant type certificate is planned for 2030.



