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Vertical takeoff and landing aircraft for major airlines
Odys Aviation has raised $45.5M across 4 funding rounds.
Key people at Odys Aviation.
Odys Aviation was founded in 2019 by James Dorris (Founder) and Axel Radermacher (Founder).
Odys Aviation has raised $45.5M in total across 4 funding rounds.
Odys Aviation (formerly Craft Aero) builds vertical take-off and landing aircraft for major airlines. We cut travel time in half on the world’s busiest routes by using city helipads and local airports. The company founders are electric propulsion and automotive manufacturing experts who have spent their careers electrifying transportation systems at Virgin Hyperloop, GoogleX, Volvo, and Fisker Automotive. We’ve won two USAF Agility Prime contracts, have pre-orders and options for more than 1,000 aircraft.
Odys Aviation was founded in 2019 by James Dorris (Founder) and Axel Radermacher (Founder).
Odys Aviation has raised $45.5M in total across 4 funding rounds.
Odys Aviation's investors include Justin Hamilton, Tuchen Ventures, 11.2 Capital, Afore Capital, Alkeon Capital, BoxOne Ventures, Buckley Ventures, Countdown Capital, Matt Ocko, Earl Grey Capital, Endeavor Venture Funds, Aniq Kassam.
Odys Aviation is a cutting-edge aerospace company developing long-range hybrid-electric vertical takeoff and landing (VTOL) aircraft designed for major airlines, defense, and logistics sectors. Their aircraft combine hybrid-electric propulsion with advanced aerodynamic design, enabling vertical takeoff and landing alongside efficient long-range flight, carrying more payload farther than existing VTOLs. This dual-use approach targets passenger travel, cargo, and defense missions, aiming to halve door-to-door travel times on busy routes and solve real-world connectivity challenges[1][3][6].
The company serves major commercial airlines, government defense agencies, and logistics operators by providing aircraft that improve regional mobility, reduce inefficiencies in air cargo, and enhance rapid deployment capabilities. Odys has demonstrated strong early commercial traction, securing over $9 billion in Letters of Intent and pre-orders, and recently raised $26 million in Series A funding to accelerate full-scale flight testing and global launch operations planned for 2026[1][5][6].
Founded in 2019 by CEO James Dorris, Odys Aviation (formerly Craft Aerospace) emerged from stealth mode after completing Y Combinator in 2021 and raising $12.4 million in seed funding. The founding team brought expertise in aerospace and advanced propulsion, motivated by the vision to create hybrid-electric VTOL aircraft that are agile, safe, and affordable for regional travel. Early milestones included sub-scale demonstrator flights in 2020 and the first full-scale prototype flight in 2022, validating their unique flap-based thrust vectoring technology[1][2].
The company evolved from a stealth startup focused on advanced air mobility to a commercially credible player with a dual-use platform serving defense, logistics, and civil aviation markets. This evolution was marked by securing significant customer interest and expanding their team and facilities to support rapid development and certification efforts[1][2][5].
Odys Aviation is positioned at the intersection of several accelerating trends: the rise of advanced air mobility (AAM), demand for sustainable hybrid-electric propulsion, and the need for runway-independent aircraft in defense and logistics. The timing is critical as global events increase the urgency for sovereign airpower, autonomous systems, and rapid deployment capabilities, while commercial airlines seek to reduce travel times and carbon footprints[3][6].
Market forces such as inefficiencies in traditional air cargo logistics, infrastructure limitations, and regulatory frameworks evolving to accommodate VTOL aircraft create a favorable environment for Odys. Their dual-use approach and focus on certification readiness under frameworks like JARUS/SORA 2.5 accelerate their path to market, influencing the broader aerospace ecosystem by setting new standards for hybrid-electric VTOL performance and operational integration[5][7].
Odys Aviation is entering a pivotal phase, transitioning from prototype validation to scaling full-scale flight testing and preparing for international launch operations in early 2026. Future trends shaping their journey include increased regulatory clarity for hybrid-electric VTOLs, growing demand for regional air mobility, and expanding defense applications for autonomous, heavy-lift VTOL aircraft.
Their influence is likely to grow as they demonstrate operational viability and cost-effectiveness, potentially redefining regional air travel and logistics. By building not just aircraft but also the supporting infrastructure and autonomy frameworks, Odys aims to lead the next generation of aerospace innovation, reclaiming leadership in sustainable, versatile VTOL technology[5][7].
This trajectory ties back to their mission of connecting people and goods in transformative ways, leveraging hybrid-electric VTOL technology to open new possibilities for the future of flight[1][3].
Key people at Odys Aviation.
Odys Aviation has raised $45.5M across 4 funding rounds. Most recently, it raised $26.0M Series A in October 2025.