Volant Aviation, a prominent domestic eVTOL (electric Vertical Take-Off and Landing) company, has recently declared the successful conclusion of its Series C funding phase, amassing a substantial sum exceeding $300 million. This funding round was spearheaded by STONE, with notable contributions from Sequoia China, Futeng Capital, and a host of other esteemed institutions. Presently, Volant Aviation stands at a pivotal juncture in the airworthiness certification journey for its VE25-100 model's development.

The capital secured in this round will be strategically allocated to expedite aircraft production, facilitate test flights, streamline certification procedures, establish robust batch production capabilities, and furnish financial backing for ongoing technological exploration and future reserves. Moreover, the inclusion of STONE, a Middle Eastern investor, in this funding endeavor represents a landmark achievement for Volant Aviation's strategic expansion in the Middle East and its foray into the global market landscape.