Avealto Completes First Round Funding with US$ 3M Investment

Avealto has the resources to complete development of the first commercially viable High Altitude Platform to provide telecommunications infrastructure. Avealto Ltd. has secured the final funding needed to complete the development of its High Altitude Platform . The funding was provided by a group of private investment organizations which have extensive experience in Aerospace and Telecommunications technologies.

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Avealto selects JP Aerospace to create High Altitude Platform

Avealto Ltd. has selected JP Aerospace to design and build a high Altitude Platform prototype vehicle. JP Aerospace successfully completed the feasibility study of a High Altitude Platform vehicle a few months ago. An actual test vehicle was flown multiple times. JP Aerospace, based in Sacramento, California, USA has accumulated more practical and commercial experience in high altitude vehicle operations than any other organization in the world.

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