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Avol

Avol builds autonomous high-capacity aircraft to increase global air transport capacity by 10x or more.

Avol is a business in enterprise and deep tech based in New York, NY, USA.

Profile

Avol builds autonomous, electric, high-capacity aircraft to increase global air transport capacity by 10x or more, starting with medical deliveries for healthcare institutions. - $305k booked revenue, growing 1-2 contracts/mo, all inbound, no sales team. $3m waitlist - Just received FAA approval for BVLOS flights - Nathan Poon (CEO, PhD @ Berkeley) did robots/AI for Tesla, Amazon, DHL, and other medical logistics for 10 years; - Matthew Sargeant (CTO, PhD @ Cambridge) designed Boeing’s SAX40 blended-wing. - Raising $2.5m pre seed, $880k closed, $1.6M remaining

The company sits in the enterprise and deep tech segment, where it competes on its core product or service.

New York, NY, USA is where the company is located.

The company is listed at the Seed stage of development.

The company reports a headcount in the 1-10 range.

Public records show total funding of about $2.5M.

SectorEnterprise and deep tech
HeadquartersNew York, NY, USA
CountryUnited States
Employees1-10
StageSeed
Total funding$2,500,000

Website: www.avolaerospace.com

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