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Auto Tech Seed Founded 2017

PteroDynamics

PteroDynamics designs and manufactures autonomous vertical takeoff and landing (VTOL) aircraft using its patented Transwing technology, which combines the speed, range, endurance, and payload capacity of fixed-wing aircraft with superior VTOL performance. The Transwing's dihedrally-folding wing system unfolds to transition smoothly between vertical and horizontal flight, delivering exceptional fixed-wing…

📍 California City, United States · Autonomous Vehicles,

Funding snapshot

Last roundSeed
Amount$8M
Date21 May 2026
Total raised$8M
Team size23

About

PteroDynamics designs and manufactures autonomous vertical takeoff and landing (VTOL) aircraft using its patented Transwing technology, which combines the speed, range, endurance, and payload capacity of fixed-wing aircraft with superior VTOL performance. The Transwing's dihedrally-folding wing system unfolds to transition smoothly between vertical and horizontal flight, delivering exceptional fixed-wing capabilities while maintaining a small operational footprint for launch and recovery without runways. The platform is protected by four granted and 15 pending patents across 11 jurisdictions. PteroDynamics has been awarded multiple contracts by the U.S. Navy, U.S. Air Force (including a $1.9M TACFI contract), and the Royal Australian Navy for next-generation autonomous Transwing VTOL UAS development. The company targets government and commercial markets including maritime logistics (shore-to-ship, ship-to-shore resupply), remote cargo delivery to locations without road or airstrip access, infrastructure inspection for rail and energy sectors, and long-range surveillance for law enforcement. Strategic distribution partnerships cover Australasia, Japan, UK, UAE, and Saudi Arabia. Founded in 2017 and headquartered in Colorado Springs and Los Angeles, California, PteroDynamics has raised $7.5M in seed funding from investors including Kairos Ventures, Lavrock Ventures, and One Bow River.

Business model

Electric Vehicles > Automaker > Aerial > Vertical Take-Off And Landing > Autonomous,

Aerospace Tech > Manufacturing > Robotics,

Autonomous Vehicles > Self Driving Technology > Flying Cars

Institutional investors

Kairos Ventures Lavrock Ventures One Bow River

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