Alpine Vertical, a pioneering force in the electric Vertical Take-Off and Landing (eVTOL) aircraft sector, has announced a $20 million equity raise to accelerate the development and commercialization of its next-generation hybrid VTOL (hVTOL) aircraft, the Argon. This capital raise is aimed at advancing Alpine Vertical’s mission to provide safe, sustainable, and accessible vertical flight solutions.

Alpine Vertical’s innovative approach leverages a proven airframe with proprietary vertical lift modifications, significantly reducing regulatory hurdles and development risks compared to industry peers. With a rapid go-to-market strategy of 24-30 months—far faster than competitors facing a 7-16 year certification process—the company is poised to deliver a cost-effective and highly adaptable aircraft for emergency services, flight training, and personal use.

“The market for eVTOL aircraft is expanding rapidly, projected to grow from $1.2 billion in 2023 to $17.7 billion by 2030,” said Stephen Tibbitts, CEO and Chairman of Alpine Vertical. “Our strategy of integrating proven aviation technologies with our proprietary hybrid VTOL modifications uniquely positions us to capture an underserved segment of the market—providing an accessible and lower-cost alternative to traditional helicopters and larger eVTOL designs.”

Key Highlights of the Alpine Vertical Investment Opportunity:

- The Argon hVTOL Aircraft: A two-seat hybrid aircraft combining an electric lift system with an Internal Combustion Engine (ICE) for cruise, offering superior safety and efficiency.

- Performance Specs: 605 lbs. useful load, 330 nautical miles range, 140 mph cruise speed, and single-pilot operation.

- Regulatory & Market Advantage: The aircraft will initially be sold under experimental amateur-built certification, allowing for early revenue generation and accelerated commercialization.

- Projected Revenue Growth: Expected to scale from $7.6 million in 2026 to $62.6 million by 2030, with profitability anticipated within the current funding round.

- Strong Management Team: Led by seasoned aerospace and technology experts with deep industry experience in eVTOL development, regulatory navigation, and commercialization.

Alpine Vertical’s business model is designed for staged market entry, beginning with initial kit sales (2025-2027), followed by full FAA certification and mass production (2027+), and culminating in on-demand air mobility services (2028+). This multi-phase strategy ensures early revenue generation while positioning the company for long-term scalability in the rapidly evolving advanced air mobility sector.