HomeUSAElectra Aero Receives Investment from Statkraft Ventures

Electra Aero Receives Investment from Statkraft Ventures

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Electra Aero

Electra.aero, Inc., a Manassas, VA-based electric aviation company, received an investment from Statkraft Ventures.

The amount of the deal was not disclosed.

The company intends to use the funds to further develop its hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft.

Led by John S. Langford, founder and Chief Executive Officer, Electra.aero is an aerospace company building clean, hybrid-electric, ultra-short takeoff and landing (eSTOL) airplanes that fly people and cargo.

In June 2023, the company unveiled the EL-2 Goldfinch two-seat technology demonstrator for its eSTOL aircraft, which will transport nine passengers up to 500 miles, offering a sustainable option to driving for regional travel.

Electra, which currently holds over 1,200 aircraft pre-orders from more than 30 global customers, both established aircraft operators as well as new entrants, will begin flight testing the 2-seat technology demonstrator of its eSTOL aircraft later this summer.

FinSMEs

26/07/2023

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