Airbus Seeks Outside Investors For Zephyr High-Altitude Drone
Illustration of an Airbus Zephyr drone.
Source: Airbus SE
This article is for subscribers only.
Airbus SE is seeking outside investment for its high altitude solar-powered drone program called Zephyr in order to accelerate the commercialization of the technology.
The planemaker has hired Morgan Stanley to lead to the process of finding investors, a spokesman said in an email. Airbus will continue to own a stake in the unit, which will be renamed Aalto, the spokesman said.