Electra Secures Strategic eSTOL Funding From U.S. Air Force

Electra

Electra’s eSTOL aircraft is designed to provide helicopter-like capability at fixed-wing operating cost.

Credit: Electro.aero
U.S. startup Electra.aero has secured $30 million in financing from the U.S. Air Force’s AFWerx innovation arm, which will be added to the $55 million raised from investors in a Series B round. The funding will be used to build a full-scale prototype of Electra’s hybrid-electric short-takeoff-and...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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