Greenjets Timeline
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2026-07-17 - Funding - Greenjets raises $40 million Series A - Tanglin Ventures and NSFO Family Office participated as existing investors. UK facilities had expanded from 12,000 to nearly 70,000 square feet over the preceding year. The investment supports planned delivery of thousands of aerospace systems over the… - source: greenjets.com 2026-07-13 - Contract Award - Cambridge Aerospace selected for European low-cost interceptor programme - Commercial X, the National Armaments Director Group procurement team, delivered the contracts. LEAP combines UK, Polish, French, Italian and German national competitions before a multilateral phase. The selected companies committed to building UK… - source: gov.uk 2023-07-18 - Award - Greenjets wins GBP 50K Bridge AI grant for e-propulsion design - The six-month DATA feasibility study focuses on AI-driven design tools for e-propulsors. The project targets advanced air mobility applications including drones, air taxis and electric commuter aircraft. Whittle Laboratory leads aerodynamic design… - source: greenjets.com 2023-07-11 - Award - Greenjets launches GBP 550K HyFan drone fuel-cell project - The project is funded by a grant of more than GBP 550,000 from Innovate UK. Greenjets leads a consortium with Bramble Energy, TOffeeAM and Aurata Technologies. The 18-month programme targets ground and flight testing of an integrated hydrogen propulsor. - source: greenjets.com 2023-07-03 - Contract Award - Greenjets secures NATEP grant for electric-propulsor test facility - The concept uses an existing Honeywell ALF502 turbofan to draw air through a modular working section. The project targets dynamic and cross-wind testing at Kemble Engine Test Laboratory. Commercial opening was planned for six months after the project, rather… - source: greenjets.com 2023-06-22 - Org Change - Greenjets appoints Colin Smith to its advisory board - Smith held chief engineering roles for the Trent 500, Trent 700 and RTM322 engine programmes. He later served on the Rolls-Royce main board as Director of Engineering and Technology across aviation, energy, marine and nuclear. - source: greenjets.com 2023-05-13 - Partnership - Greenjets announces Telangana expansion and incubation MoU - Hyderabad incubation was planned for 2023, followed by expansion of R&D and manufacturing in 2024. The company also planned a technical collaboration with a Hyderabad motor manufacturer under a UK-India industrial-sustainability funding programme. - source: greenjets.com 2023-05-10 - Product Launch - Greenjets launches IPM5 electric propulsor - The 750 g unit provides maximum thrust of 5 kgf at a stated efficiency of 360 W/kgf. Its ducted fan encloses the blades to improve safety and reduce noise compared with open propellers. - source: greenjets.com 2022-12-20 - Demonstration - Greenjets completes IPM5 maiden flight on Cobra UAS - Flight testing on December 20 followed ground tests and technical evaluation at UK engine-test facilities. IPM5 is the smallest engine in the family; first deliveries were planned for the first quarter of 2023. - source: greenjets.com
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