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Espace Aéro

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Quebec's aerospace innovation hub for sustainable mobility

Montreal, CanadaFounded 2024Aviation
Valuation $500M–1B Last recorded · 2025
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Espace Aéro

Espace Aéro is Quebec's designated aerospace innovation zone, a government-backed initiative launched in May 2024 to position the province as a global leader in sustainable and intelligent air mobility. The project is governed by Aéro Montréal, the region's aerospace cluster, and was developed over four years through a collaboration of industry partners, academic institutions, and the cities of Longueuil, Mirabel, and Montréal.

The zone operates across three strategic hubs in Longueuil, Mirabel, and the Saint-Laurent borough of Montreal, leveraging the strengths of a region already recognized as one of the world's top three aerospace centers. Espace Aéro's primary mission is to accelerate the industry's transformation by fostering synergy among major contractors, small and medium-sized enterprises (SMEs), research institutions, and emerging talent. It acts as a catalyst for collaborative projects, focusing on two main strategic priorities: the decarbonization of aerospace activities and the advancement of autonomous aircraft technologies. The decarbonization efforts involve developing more efficient aircraft, lighter structures, and cleaner propulsion systems, while the autonomy axis focuses on intelligent systems, remote control, and cybersecurity.

Espace Aéro is supported by significant financial commitments, including an initial C$415 million from public and private partners. This includes C$85 million from the Quebec government and major investments from key industry players. Notably, Boeing has committed C$110 million as part of an Industrial and Technological Benefits (ITB) package linked to Canada's procurement of the P-8A Poseidon aircraft, with funds directed toward R&D infrastructure and projects within the innovation zone. Other partners include Airbus, Bombardier, Pratt & Whitney Canada, and CAE. The zone will also host the Collaborative Aerospace and Mobility Innovation Center (CCIAM), a dedicated R&D facility backed by the Quebec government, Boeing, and leading universities like McGill, Concordia, and Polytechnique Montréal.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
Montreal, Canada
Employees
6
Open positions
None listed
Dealroom signal
24.0/100
Industry
Transportation
Sub-industry
Vehicle Production
Sector
Aviation, Aviation and Aerospace, Climate Tech
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Oct 2025 $85M $340M Aero Montreal ↗
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Growth signals

Espace Aéro website traffic

Latest recorded traffic for Espace Aéro is 3.7K monthly website visits, up 164.3% over the last three months.

Latest monthly visits3.7K 3-month web change+164.3%
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Similar companies

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Investments and acquisitions

Capital deployed

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Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Aero Montreal
Employees 6 total headcount
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Key operators Hidden — book a demo quality score
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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