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Wright Electric
Wright Electric Airplanes is a component manufacturer specializing in actuators, aircraft controls, valves, and surface treatment services
About Wright Electric
Wright Electric is an innovative company focused on revolutionizing the aviation industry by developing fully electric commercial airplanes. The company aims to significantly reduce carbon emissions and environmental impact through advanced technologies such as swappable battery packs and distributed propulsion systems. Wright Electric collaborates with leading airlines, including EasyJet, to bring sustainable air travel to the market within the next decade. The company serves commercial airlines and operates in the aerospace and environmental sustainability markets. Wright Electric's business model involves designing and manufacturing electric aircraft, which are then sold or leased to airlines. Revenue is generated through aircraft sales, leasing agreements, and potential maintenance services. By offering a cleaner, quieter, and more cost-effective alternative to traditional aviation, Wright Electric is positioned to lead the transition to sustainable air travel.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Town of Malta, United States
- Employees
- 49
- Open positions
- 1
- Dealroom signal
- 72.8/100
- Industry
- Energy, Transportation
- Sector
- Aviation, Sustainable Aviation, Aerospace, Sustainable Development Goals, Hard Tech, Aviation and Aerospace, NIF Energy Security and Climate Change, Air Traffic, Climate Tech, science-based, NIF defense security and resilience
- Technology
- Hardware
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Aug 2024 | $3.3M | — | Federal Aviation Administration | ↗ |
| GRANTOther financing | Apr 2021 | $50K | — | US Department of War | — |
Growth signals
Latest recorded traffic for Wright Electric is 3.6K monthly website visits, down 32.1% over the last three months. Wright Electric's team grew 2.1% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
MassVentures
Massachusetts Clean Energy Center
Y Combinator
Small Business Innovation Research
US Department of Energy
US Department of War
Federal Aviation Administration
Series A1 investor entered at this stage
Jetex Flight Support
Other known investors9 additional known investors
David Langer
Endless Frontier Labs
Endure Capital
Evergreen Climate Innovations
Incite
PRIME Coalition
Technology Pioneers | World Economic Forum
Third Sphere
Tjuvholmen ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Wright Electric on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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