R
Radia
Radia is building the world's largest aircraft, the WindRunner
About Radia
Radia is a Boulder, Colorado aerospace and energy company developing WindRunner, which it describes as the world's largest aircraft. Founded in 2016 by MIT-trained aerospace engineer and Rhodes Scholar Mark Lundstrom, the company worked in stealth for about seven years before launching publicly in March 2024.
WindRunner is a fixed-wing cargo aircraft designed to fly wind turbine blades longer than 100 meters directly to wind farm sites, landing on short, semi-prepared airstrips. According to Radia, it will have about 12 times the cargo volume of a Boeing 747. Road and rail limits cap onshore blades at about 70 meters. Radia argues that air delivery would allow offshore-scale "GigaWind" turbines on land, lowering energy costs and expanding the land viable for wind farms. Radia also plans to develop wind projects with partners. It is also positioning the aircraft for other outsize cargo, including military airlift, and the project is referenced in the US National Defense Authorization Act.
Radia says it has raised more than $150M from investors including LS Power, ConocoPhillips, Good Growth Capital, Capital Factory and Caruso Ventures. This includes a $65M Series B in 2022 at a reported $1B valuation and a $35M Series C in March 2024. In March 2024 the company said it was raising up to $300M, a round trade press later described as a Series C; as of mid-2026 it was still raising capital to move WindRunner into certification and production. It unveiled the aircraft at the 2025 Paris Air Show. Leonardo, Aernnova and AFuzion are partners on design, engineering and certification. Its Italian unit, Radia Italia, plans manufacturing and final assembly in Grottaglie, Italy. First flight is targeted for 2029, with commercial service expected in the early 2030s.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Boulder, United States
- Employees
- 83
- Open positions
- 7
- Dealroom signal
- 70.7/100
- Industry
- Transportation, Energy
- Sub-industry
- Clean Energy, Vehicle Production
- Sector
- Defence, Defence Applications, Renewable Energy, DT and LS, Wind Energy, Cargo, NIF freedom of operations and mobility, Climate Tech, Verified Unicorns and $1B Exits
- Business model
- Manufacturing
- Client focus
- B2B
Knowledge graph
News
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Mar 2024 | $35M | $1B | Capital Factory · Caruso Ventures · ConocoPhillips · Good Growth Capital | ↗ |
| SERIES B✓Equity / VC | May 2022 | $65M | $1B | Caruso Ventures | ↗ |
Growth signals
Latest recorded traffic for Radia is 11K monthly website visits, down 50% over the last three months. Radia's team declined 5.7% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Radia in the Boulder ecosystem
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Caruso Ventures
Series B and later6 investors entered at this stage
Capital Factory
ConocoPhillips
Good Growth Capital
Lauder Partners
Leo Lion
LS Power Equity Advisors
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Radia on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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