Ascendance Flight Technologies

Ascendance Flight Technologies

Private
ToulouseMobility, Transportation & Logisticshttps://www.ascendance-ft.com

Last Round

Grant

Apr 9, 2026

Est. Valuation

$134.5M

Total Funding Raised

$48.75M

Momentum Score

25 /100

Company Overview

Ascendance Flight Technologies is an aerospace company developing ATEA, a hybrid-electric vertical take-off and landing (VTOL) aircraft, and its proprietary hybrid propulsion system, STERNA, to decarbonize regional air mobility.

Sector

Mobility, Transportation & Logistics

Verticals

Aviation & Drones, Clean Transportation, Electric Vehicles, Drones & UAVs

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

hVTOLhybrid-electric propulsionadvanced air mobilityAAMeVTOLregional air mobilityflying taxiaviation decarbonizationsustainable aviationair taxiaircraft manufacturerpropulsion system supplierurban air mobilityUAMLift+Cruiseemergency medical servicesEMSvertical take-off and landing

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Caplight Momentum Score

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Ascendance Flight Technologies Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Ascendance Flight Technologies Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantApr 9, 2026
Series AMar 27, 2023
SeedSep 16, 2021

Key People

Founding team and executive leadership

Benoit Ferran

Co-founder CTO

Founding Team

Thibault Baldivia

Co-founder Chief Commercial Officer

Founding Team

Jean-Christophe Lambert

Co-founder CEO

Founding Team

Cyrille Le Gall

Chief Financial Officer

Executive Team

Ascendance Flight Technologies Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 9, 2026

    $14.25M grant round completed.

  • Jan 8, 2026

    STERNA hybrid-electric propulsion systems are now commercialized with development contracts signed.

Ascendance Flight Technologies Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Ascendance Flight Technologies Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersToulouse
Employee Range139
Year Founded2018
Last FundingApr 9, 2026

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