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Electra.aero
Aviation · Washington DC, United States · Founded 2019
Hybrid-electric plane startup whose vehicles require very short takeoff and landing distances MoreLess
Electra.aero is a pioneering startup in the aviation industry, aiming to revolutionize air travel with its hybrid-electric, ultra-short takeoff and landing (eSTOL) aircraft. The company's mission is to decarbonize aviation, making it more environmentally friendly. The eSTOL aircraft combines the operational flexibility of a helicopter with the safety and cost-effectiveness of a fixed-wing aircraft, offering a unique solution for air travel between 50-500 miles. This makes air travel a practical and affordable option for thousands of communities where it currently isn't.
Electra's business model is centered on the development and operation of these innovative aircraft. The company's eSTOL aircraft can operate from spaces smaller than a soccer field, thanks to a special aerodynamic technique called "blown lift" that allows safe takeoffs and landings at very slow speeds. This means the aircraft can access any small regional airport or locations without the space for a traditional runway, making it a versatile solution for various transportation needs.
The company's revenue is likely to come from selling these aircraft to airlines and other transportation service providers, as well as potentially offering its own air travel services. The aircraft's quiet, electric propulsors make it community-friendly, opening up opportunities for expansion into new locations.
Electra has already demonstrated its technology with successful test flights, and has received a Special Airworthiness Certificate from the FAA, authorizing piloted flight tests. This indicates the company's progress and potential for future growth in the aviation industry.
Keywords: Hybrid-Electric Aircraft, Ultra-Short Takeoff and Landing, Decarbonize Aviation, Blown Lift, Community-Friendly, Air Travel, Transportation, Aviation Industry, Test Flights, Special Airworthiness Certificate.
Company overview
Electra.aero company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- Washington DC, United States
- Employees
- 134
- Open positions
- 37
- Dealroom signal
- 94.4
Valuation & funding
Electra.aero funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Apr 2025 | $115M | $460M | Honeywell · Lockheed Martin Ventures · Prysm Capital · Safran | ↗ |
| GRANTOther financing | Nov 2024 | $3.5M | — | NASA | ↗ |
| EARLY VCOther financing | Jul 2023 | $0 | — | Statkraft Ventures | ↗ |
| GRANTOther financing | Apr 2023 | $0 | — | Virginia Innovation Partnership Corporation | ↗ |
| SERIES AOther financing | Jan 2022 | — | — | Lockheed Martin Global | ↗ |
| SPINOUTOther financing | Jan 2019 | Massachusetts Institute of Technology | — |
Growth signals
Electra.aero website traffic
Latest recorded traffic for Electra.aero is 23K monthly website visits, up 27.8% over the last three months. Electra.aero's team grew 34% over the past year.
Hiring
Open positions at Electra.aero
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Comparisons
Electra.aero compared with similar companies
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Talent graph
Electra.aero's talent
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Investors
10 investors on Electra.aero's cap table
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Global footprint
Where Electra.aero has talent and traffic
team presence
In the news
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Market sentiment
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