Certification ProgressOngoing prototype flight testing, including multiple hover and low-speed flights and planned transition and cruise trials, validates aircraft architecture and reduces regulatory uncertainty on the path to certification.
Strategic Partnership With EmbraerClose collaboration with a major aircraft manufacturer strengthens engineering, certification alignment and manufacturing scale-up, creating competitive advantages for commercialization and supply-chain development.
Strengthened Liquidity And Cost DisciplineAdditional financing combined with cash consumption below prior guidance indicates improved liquidity and disciplined cost controls to support continued development and the certification campaign.