Composights by Stratview Research
Composites Industry News
Others 1 min read

Natilus Secures $28 Million Series A to Advance Composite-Intensive Blended-Wing Aircraft Platforms

San Diego-based aerospace startup Natilus has raised $28 million in Series A funding to accelerate commercialization of its blended-wing aircraft family, which relies heavily on carbon fiber-reinforced polymer (CFRP) composite structures to achieve significant weight and cost reductions versus conventional tube-and-wing designs.

Share

Natilus has secured $28 million in Series A funding led by Draper Associates to accelerate commercialization of its blended-wing body (BWB) aircraft family. The KONA and HORIZON EVO aircraft rely heavily on carbon fiber-reinforced polymer (CFRP) composite structures.

The funding will support development of its BWB platforms, which promise 30% fuel savings and 50% cost reduction versus conventional aircraft. Natilus has an order book of 570+ aircraft valued at $24 billion.

Aleksey Matyushev, CEO of Natilus, highlighted the structural advantages of the BWB design enabled by composite manufacturing. Tim Draper of Draper Associates commented on the potential of the technology.

Natilus is pursuing FAA Part 23 certification and plans a 250,000 sq ft manufacturing facility. Kory Mathews has joined the board.

Source: Natilus

More news

View all →

Aerospace Composites

Deutsche Aircraft Opens D328eco Final Assembly Line in Leipzig

Deutsche Aircraft has opened a new final assembly line for the D328eco in Leipzig, advancing industrialization of its next-generation regional turboprop aircraft.

2 min read

Automotive Composites

Rolls-Royce Invests £300 Million to Expand UK Aerospace Manufacturing Capacity

Rolls-Royce is investing £300 million across its UK manufacturing and engineering network to increase aerospace production capacity and support future civil and defence programmes.

2 min read

Defense Composites

Albany Engineered Composites Wins $21.2 Million Contract for Hypersonic Carbon-Carbon TPS Manufacturing

Albany Engineered Composites has secured a $21.2 million U.S. government contract to establish vertically integrated manufacturing capacity for carbon-carbon thermal protection systems used in hypersonic vehicles and solid rocket motors.

2 min read