Bladon Jets Raises £500K

Bladon Jets, an Oxford, UK-based company that develops micro gas turbine engines for cars and power generation, has raised £500,000 in a funding round from members of the Oxford Investment Opportunity Network.
Bladon Jets intends to use the funds to continue to develop its UK Technology StrategyBoard (TSB) program for advancing low carbon vehicle technology.
The company recently led a consortium that won a UK Technology StrategyBoard (TSB) funding award for development of a turbine generator purposely designed for a car.
Bladon Jets is currently working with car manufacturer Jaguar Land Rover on the development of a micro gas turbine engine to operate in a plug-in hybrid car and Indian multinational Tata is making a minority investment in the company.

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