Doroni Aerospace eVTOL
Doroni Aerospace, Inc., a leading startup in personal electric Vertical Takeoff and Landing (eVTOL) aircraft, has secured a $30 million strategic investment from Innovation Wings Industries (IWI), operating as Kingdom Aero Industries (KAI). This funding marks a major milestone in advancing the H1-X eVTOL aircraft, positioning Doroni for a 2026 commercial launch.
eVTOLs are aircraft that use electric power to take off and land vertically. This capability allows them to operate in urban environments with limited space, making them ideal for air taxi services. They aim to provide a cleaner, quieter, and more efficient alternative to traditional helicopters and ground transportation. In essence, eVTOLs are poised to revolutionize urban air mobility, offering a new way to travel within and between cities.
As part of the agreement, Doroni and KAI will establish a joint venture in Saudi Arabia to manufacture and distribute the H1-X eVTOL globally, starting in 2027. The partnership will significantly expand Doroni’s international market presence and accelerate eVTOL adoption. Formalization of the agreement is expected in the coming months.
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This strategic collaboration strengthens Doroni’s position as a trailblazer in the personal eVTOL sector, driving innovation and revolutionizing urban air mobility.
Founded in 2017, Doroni Aerospace is a trailblazing eVTOL manufacturer driving the future of personal air mobility. With innovation at its core, Doroni is redefining urban travel through its flagship aircraft, the Doroni H1-X-a cutting-edge eVTOL vehicle designed for everyday convenience. Backed by a legacy of successful prototype flights, the company is advancing rapidly to accelerate the H1-X’s development, bringing Doroni closer to its goal of launching the aircraft by the end of 2026. Visit www.doroni.io.
“We are excited to welcome Kingdom Aero Industries as a strategic investor and manufacturing partner,” said Doron Merdinger, Founder & CEO of Doroni Aerospace. “This investment fuels and accelerates the H1-X development, while our joint venture will establish the production infrastructure necessary for global distribution. We are honored to have Ismail Kashkash, CEO of KAI, join Doroni’s Board of Directors. His leadership in aviation innovation will be instrumental to our success.”
