Private Equity Incubation/Acceleration
Carbon-neutral airship developer Empyreal Galaxy gets funding
Source Hindu (opens in a new tab)
Mumbai-headquartered Empyreal Galaxy Pvt. Ltd , which develops modern carbon-neutral airships, has raised funding from the Atal Incubation Centre-Rambhau Mhalgi Prabodhini Seed Fund.The company is focused on Lighter-Than-Air (LTA) vehicles. It claims to be working to develop a cost-effective, efficient, and sustainable mode of transportation that connects remote and disaster-prone regions frequently isolated from essential aid.