CEO, Spaceship
Stories naming Andrew Moore. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Vertiia, the electric aircraft built by AMSL Aero, has flown unaided for the first time, an Australian milestone that co-founder Andrew Moore says shows the seven-year-old design works.
AMSL Aero reports its Vertia eVTOL has flown free for the first time, remotely on battery power in regional NSW, with deposits held for 26 aircraft and hydrogen-powered testing slated for next year.
eToro has agreed to buy Australian investing app Spaceship in a deal worth as much as A$80 million, bringing superannuation products into the trading platform's offering.
AMSL Aero has landed its first civilian customer, Aviation Logistics, which ordered ten Vertiia aircraft with deposits and options for more; the aircraft maker earlier received an ARENA grant.
A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.
Aviation startup AMSL Aero has named ex-Navy commander Max York as its top executive, with founders Andrew Moore and Siobhan Lyndon shifting to engineering and operations duties ahead of a planned 2024 capital raise.
Seven Australian startups together banked over $90 million in the past seven days across venue software, hydrogen aviation, social media, craft brewing, plastics alternatives, aged-care robotics and accountant training.
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ARENA grants AMSL Aero $5.43 million under its Advancing Renewables Program to develop Vertiia, a hydrogen-powered electric aircraft, its first hydrogen aviation project.
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Roundup of Australian manufacturing news: Austin Engineering and Thales win government grants, IMCRC hands futuremap to the Australian Industry Group, AMSL Aero completes its eVTOL's first flight, and Gale Pacific reports half-year earnings.
Electric aircraft maker AMSL Aero closed a $23 million Series B with St Baker, IP Group, TelstraSuper and Hostplus as it commercialises its Vertiia aircraft, having earlier won a $3 million CRC Program grant.
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Australian investing platform Superhero raised $25 million at a valuation above $100 million, with repeat angel backing from Nick Molnar and Larry Diamond plus Fred Schebesta, Regal Funds Management and Thorney Investment Group.
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Sydney eVTOL maker AMSL Aero unveiled its Vertiia air ambulance aircraft, developed with University of Sydney and CareFlight, backed by a $3 million federal government research grant, targeting service by 2023.
Investment platform Spaceship reports its customer base passed 100,000 in October, with funds under management above $530 million. Backers include Grok Ventures and AirTree Ventures, and it has received over $50 million in funding.
Investment platform Spaceship raised $10 million via convertible notes from existing backers including Airtree and Grok Ventures, reporting stronger funds under management and doubled users during the pandemic.
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