VoltAero Receives €5.6 Million Grant for Cassio 330 Development

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** French government provides a €5.6 million grant as additional funding for VoltAero’s development of its Cassio electric-hybrid aircraft
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Royan, France, June 8, 2023 – VoltAero’s funding for the development of its Cassio 330 electric-hybrid aircraft has further increased with a €5.6 million grant from the French government via BPI France – the agency that supports France’s economic growth by assisting its entrepreneurs.

The financing was made available through the “France 2030” investment plan, which was established by the French government with the goal of sustainably transforming key sectors of the country’s economy – including aeronautics.

“This grant is another important vote of confidence in VoltAero and our vision to develop the unique family of Cassio electric-hybrid general aviation airplanes for safe, quiet, efficient and eco-friendly flight,” stated Jean Botti, VoltAero’s CEO and Chief Technical Officer. “It contributes to the Cassio 330’s development, certification and production.”

Cassio 330 is the first of three versions in VoltAero’s electric-hybrid aircraft family that share a high degree of modularity and commonality. The family’s design is based on VoltAero’s clean-sheet configuration with a sleek, aerodynamically-optimized aircraft.

The Cassio family will be a highly capable and reliable product line for regional commercial operators, air taxi/charter companies, private owners, as well as in utility-category service for cargo, postal delivery and medical evacuation (Medevac) applications.

By integrating VoltAero’s patented electric-hybrid propulsion system into the purpose-designed airplane, Cassio will deliver an order of magnitude higher performance as compared to the current competition, and provide significantly lower operational costs.

The VoltAero propulsion concept is unique: Cassio aircraft will utilize electric motors in the aft fuselage-mounted propulsion system for all-electric power during taxi, takeoff, primary flight (if the distance traveled is less than 150 km.), and landing. The hybrid feature – with an internal combustion engine – comes into play as a range extender, recharging the batteries while in flight. Additionally, this hybrid element serves as a backup in the event of a problem with the electric propulsion, ensuring true fail-safe functionality. In addition, it has the capability to use multiple fuels.

The first version to enter service will be the Cassio 330, with five seats and power delivered by the 330-kilowatt electric-hybrid propulsion system. VoltAero’s follow-on six-seat Cassio 480 will have an electric-hybrid propulsion power of 480 kilowatts, while the Cassio 600 is sized at a 12-seat capacity with electric-hybrid propulsion power of 600 kilowatts.

VoltAero is headquartered at the Aérodrome de Royan-Médis in southwest France. The Cassio aircraft are to undergo final assembly in a purpose-built facility at the Rochefort Charente-Maritime Airport in France’s Nouvelle-Aquitaine region.
About VoltAero (www.voltaero.aero)

VoltAero is taking electric aircraft to an entirely new level. Benefitting from 80-plus years of combined pioneering expertise, VoltAero is developing a truly unique general aviation airplane family, Cassio, for safe, quiet, efficient and eco-friendly flight in electric and electric-hybrid modes.

The Cassio 1 testbed aircraft is validating the Cassio hybrid-electric powertrain, de-risking it for airworthiness certification and the subsequent application on VoltAero’s new-production airplanes. Cassio aircraft will be assembled in a purpose-built facility at Rochefort Airport in the Nouvelle-Aquitaine region of France.

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Media contact:

Danielle Gevaudan
email: ** media@voltaero.aero (mailto:media@voltaero.aero)


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