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Urban Aeronautics

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Developing a family of revolutionary manned and unmanned (drone) VTOL aircraft with no external rotors (Fancraft™)

Yavne, IsraelFounded 2000Defence
Valuation $50–100M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Urban Aeronautics and the history behind them.

About Urban Aeronautics

Urban Aeronautics, an Israeli aerospace company established in 2000, is developing compact vertical take-off and landing (VTOL) aircraft designed for urban environments. The company was founded by Dr. Rafi Yoeli, a pilot and inventor with a background at Israel Aerospace Industries and Boeing. Yoeli's experience in military aviation and his realization that urban flight required aircraft without external wings or rotors led to the creation of the company's core Fancraft™ technology. This proprietary system utilizes internal, ducted fans for lift and propulsion, a concept supported by numerous patents. This design allows for a vehicle with a footprint comparable to a large SUV, enabling it to operate in confined spaces where traditional helicopters cannot.

The company's business is structured through two main subsidiaries: Tactical Robotics and Metro Skyways. Tactical Robotics focuses on the unmanned military and national security markets with its Cormorant aircraft (formerly known as AirMule). The Cormorant is an autonomous VTOL designed for missions like cargo transport, medical evacuation, and troop supply in hazardous or inaccessible areas, and has undergone extensive flight testing since 2009. Metro Skyways is developing the civilian version, the CityHawk, which targets the commercial air taxi, private transport, and emergency medical services (EMS) markets. A pre-order for four CityHawk aircraft in an air ambulance configuration has been placed by Hatzolah Air, a New York-based EMS operator.

The CityHawk is designed to seat a pilot and up to five passengers. A key feature of the company's strategy is the planned transition to hydrogen power. While initial versions may use conventional propulsion to achieve certification, anticipated around 2026, Urban Aeronautics is collaborating with partners like HyPoint to develop a hydrogen fuel cell-powered version, targeting certification by 2030. This approach aims for zero emissions, with water as the only byproduct, and minimal noise disruption, projected to be around 70 dBA. The aircraft is being designed to meet existing FAA/EASA certification standards for manned rotorcraft. In September 2021, the company announced it had secured an initial $10 million in a Series A funding round to advance the CityHawk's development.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2000
Headquarters
Yavne, Israel
Employees
6
Open positions
None listed
Dealroom signal
66.3/100
Sector
Aerospace, Defence, Intellectual Property, Homeland Security, Security, Military, Security Solutions, Airplanes, Aviation and Aerospace, Vertical Takeoff and Landing, Dual-Use Tech
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Sep 2021 $10M $40M Undisclosed —
SERIES AEquity / VC May 2019 $5.3M $21M Bseed Investments · RiverPark Ventures · Nettuno Capital —
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Growth signals

Urban Aeronautics website traffic

Latest recorded traffic for Urban Aeronautics is 1.1K monthly website visits, up 144.4% over the last three months. Urban Aeronautics's team grew 0% over the past year.

Latest monthly visits1.1K 3-month web change+144.4% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Bseed Investments
  • RiverPark Ventures
  • Nettuno Capital

Other known investors1 additional known investor

  • Newchip
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇱 Israel66.7%
🇺🇸 United States33.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Urban Aeronautics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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