Impossible Aerospace, a Sunnyvale, Calif.-based maker of a long-range electric aircraft, raised $9.4m in Series A funding.
The round – which brought total amount raised to date to over $11m – was led by Bessemer Venture Partners, with participation from Eclipse Ventures and new investor Airbus Ventures. In conjunction with the funding, David Cowan of Bessemer Venture Partners and Greg Reichow of Eclipse Ventures will join the company’s Board of Directors.
The company intends to use the funds to scale production for the US-1 and develops new future products.
Led by Spencer Gore, CEO, Impossible Aerospace has just unveiled the US-1, an electric commercial-grade drone with a flight time of up to two hours. The battery life of the US-1 brings it to parity with gasoline-fueled systems.
The company has already begun selling its first units – equipped with optical and thermal sensors – to firefighters, police departments, and search and rescue teams across the U.S.
The US-1 will be available for delivery in late 2018 and sold online.