Raytheon Invests In VerdeGo Hybrid Technology
With electric aircraft manufacturers struggling against limited battery capacity, aerospace giant Raytheon is at least modestly bullish on emerging hybrid electric technology. On Wednesday, the company announced that its venture arm, RTX Ventures, will pour $12 million into a hybrid startup called VerdeGo Aero. VerdeGo is obtaining additional funding from DiamondStream Partners, Seyer Industries and […]