Heven AeroTech raises $100M Series B at $1B valuation
Heven AeroTech completed a $100 million Series B led by IonQ at a stated $1 billion company valuation, with Texas Venture Partners returning.
Why it matters
The financing funds U.S. production and the navigation, communications and autonomy stack around Heven’s hydrogen-powered aircraft.

Evidence notes
- The capital supports U.S. manufacturing expansion, hydrogen generation and logistics infrastructure, and faster fielding of long-endurance aircraft.
- Heven also plans quantum-secure communications, alternative positioning and navigation for GPS-denied environments, and AI-powered autonomous operations.
- The company highlighted the Z1 platform, which it says exceeds 10 hours of endurance and 600 miles of range.
Company context
Heven AeroTech develops and manufactures hydrogen-powered, runway-independent unmanned aircraft for defense, public-safety and commercial missions. Its portfolio combines long-endurance fuel-cell propulsion, autonomous flight, modular payloads and field hydrogen generation across tactical ISR, logistics and persistent monitoring.