Deals, Funding & Investments News & Articles

Hybrid-Electric Blown-Lift eSTOL Plane Developer Electra Acquires Airflow

Electra.aero, Inc. has acquired California-based Airflow.aero, Inc, creating a powerful addition to the rapidly emerging advanced air mobility (AAM) market. The announcement...

Jun 08, 2022
Partnership Formed to Launch eVTOL Flights in Dubai

Falcon Aviation has signed a Letter of Intent (LoI) with Eve Air Mobility for up to 35 eVTOL aircraft to...

Jun 08, 2022
NASA Selects Electra as AAM National Campaign Partner to Accelerate Urban & Regional Air Mobility

Electra.aero has been selected as a partner in the National Aeronautics and Space Administration’s (NASA) Advanced Air Mobility (AAM) National...

Jun 05, 2022
Vertiko and Jaunt Partner to Launch eVTOL Air Taxis in Québec

Vertiko Mobility has signed a Letter of Intent (LoI) with Jaunt Air Mobility to purchase more than 70 all-electric Jaunt...

Jun 02, 2022
Safran Smart Motors to Power TCab’s E20 eVTOL

Safran Electrical & Power has announced a cooperation agreement to equip TCab Tech’s E20 eVTOL aircraft with its ENGINeUS electric...

May 31, 2022
Electra Partners with Yugo to Open New Destinations in Asia to Private Air Travel with Clean Hybrid-Electric eSTOL Aircraft

Electra.aero, Inc., a pioneering developer of sustainable aircraft, and Yugo, Asia’s fast-growing private air mobility platform, have partnered to dramatically expand air mobility...

Feb 10, 2022
Electra Wins Phase III SBIR Contract with U.S. Air Force to Accelerate Development and Acquisition of eSTOL Aircraft

The U.S. Air Force has awarded a Phase III Small Business Innovation Research (SBIR) contract to Electra.aero, Inc. to support the development...

Feb 08, 2022
Lockheed Martin Ventures Leads Series A Funding Round for Electra.aero

Electra.aero, Inc., a pioneering developer of hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft, has received an investment in its Series...

Jan 18, 2022