CEO, VTOL Aerospace
| Role | Organisation | Sources |
|---|---|---|
| CEO | VTOL Aerospace | Radium Capital, @AuManufacturing, RenewEconomy |
Stories naming Mark Xavier. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Radium Capital article contrasts two aviation founders: Stralis Aircraft raised venture capital through Y Combinator, grants and R&D lending, while V-TOL Aerospace bootstrapped for two decades before sharing a federal grant.
Battery maker Li-S Energy has opened its Geelong pouch cell facility and won a $1.7 million federal Industry Growth Program grant for a lithium foil line; four other firms also received IGP grants.