Press release: Karem Aircraft Launches New Air Taxi Company
- 16 Jul 2019 02:08 PM
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Lake Forest, Calif. – July 15, 2019 – Karem Aircraft, Inc, a Vertical Takeoff and Landing (VTOL) vehicle developer, has announced a new spin-off venture dedicated to bringing its all-electric air taxi vehicle, Butterfly, to market. The new company is backed by a $25M Series A investment led by Hanwha Systems.