Crowdfunding Milestone of £1 million Reached
Airlander has broken through the £1 million barrier on crowdfunding from over 1,200 investors!
It is one of the few companies to have successfully raised over a million on an equity crowdfunding, twice.
HRH The Duke of Kent naming the Airlander tomorrow (Tuesday 12 April)
Airlander cleared for take-off! Regulatory approval for First Flight now obtained.
Hybrid Air Vehicles, the manufacturer of the Airlander, the world’s largest aircraft, are pleased to announce that their current equity crowdfunding has just broken through the £1 million barrier. The crowdfunding closes at 23:59 on Friday 15 April and there is an absolute maximum that can be raised of £1.25 million (this is due to financial legislation called the EU Prospectus Directive that limits any company to € million equity raised in this manner in any 12-month period - our crowdfunding from last year comes into play, leaving that maximum). The crowdfunding could close early if this cap is reached.
Financial Director, Hwfa Gwyn says, "The response from the investing community is amazing, and it’s great that the Great British public is backing this Great British engineering innovation. We are delighted to have broken through the magic million mark. If anyone would like to take a stake in the Airlander, we urge you to visit crowdcube.com as soon as possible."
The media will be covering HRH the Duke of Kent's visit and naming of the Airlander on Tuesday, so that publicity could close the crowdfunding out earlier. Airlander has already brought forward the close of the crowdfunding by a week due to unprecedented demand. Crowdfunding on Crowdcube.com is normally open for 30 days.
The Press Release for the Duke of Kent’s visit is here: http://us8.campaign-archive1.com/?u=504af99cb15455c2c4763f894&id=aa3ed5b027
We are also delighted to announce that we have now received the 2 key documents needed for First Flight from our regulators. The Airlander has received both the Flight Conditions approval certificate from EASA (the European Aviation Safety Agency) and the Permit to Fly from the UK’s CAA (Civil Aviation Authority) and flight is now authorised once it has completed the agreed ground-testing and associated documentation.
"This clearly demonstrates the regulators' confidence in Airlander, and the development team's ability to safely flight test the aircraft," says the Airlander’s Airworthiness and Certification officer, Carl Thomas.
About Hybrid Air Vehicles:
Founded in 2007, Hybrid Air Vehicles is the company behind the innovative Airlander range of hybrid aircraft. They utilise new aerospace technology that combines the best of the characteristics of fixed wing aircraft and helicopters with lighter-than-air technology to create a new breed of hyper-efficient aircraft, with a significantly lower carbon footprint and operating cost than other forms of air transport.
Airlanders are low noise, low pollution, and are environmentally-friendly. They have ultra-long endurance, and a point-to-point cargo-carrying capacity. They can take off and land in a short distance from unprepared sites in desert, ice, water, or open field environments.
Hybrid Air Vehicles has been awarded €2.5 million in funding from the EU's research and innovation programme, Horizon 2020. The Airlander project was selected for funding through a dedicated SME Instrument of Horizon 2020, which the European Commission uses to invest in and support high growth and highly innovative small businesses. The technology is also fully in line with activities under the Smart, Green and Integrated Transport Societal Challenge of Horizon 2020, which aims to boost the competitiveness of the European transport industries and achieve a European transport system that is resource-efficient, climate-and-environmentally-friendly, safe and seamless for the benefit of all citizens, the economy and society. 4
The Airlander 10 is designed to stay airborne for up to five days at a time to fulfil a wide range of communication and survey roles, as well as cargo carrying and tourist passenger flights.
Currently, the only way for the general public to see the Airlander in the hangar is through our Airlander Club, which offers exclusive hard hat guided tours, regular insights though a monthly newsletter and other special benefits. Up until First Flight, £25 will buy a lifetime Founder Membership, after which time new memberships will become annual and benefits will be reduced. See here for further details: http://www.hybridairvehicles.com/airlander-club
Please visit http://www.hybridairvehicles.com/about-us/invest-in-us for more details.
Please visit www.hybridairvehicles.com and Hybrid Air Vehicles on Facebook, on Twitter and on Instagram.
For images, please contact: Philippa.Murrey@hybridairvehicles.net 01234-336400.
For general media enquiries, contact Chris Daniels, Head of Partnerships and Communications at email@example.com or on 01234 336415.
To view videos, please visit our ‘Hybrid Air Vehicles Airlander’ YouTube page:
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