Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Hybrid-Electric eSTOL Plane Developer Electra Acquires Aircraft Maker Airflow.

Document Cited in Related
Vincent

MANews-(C)2009-2022

US-based aerospace company Electra.aero, Inc has acquired California-based blown-lift, ultra-short takeoff and landing aircraft builder Airflow.aero, Inc, the company said.

Both Electra and Airflow have been building blown-lift, ultra-short takeoff and landing aircraft to serve new air mobility markets that favour the operating flexibility of a helicopter, yet require the superior range and economics of a fixed-wing aircraft.

With this acquisition, Electra is consolidating Airflow's eSTOL business under the Electra brand.

Electra will integrate Airflow's team, backlog of letters of intent and strategic partnerships into its own activities, which complement and strengthen Electra's portfolio and offer future customers more expansive and competitive options to meet future needs.

Electra's quiet, low-emissions eSTOL aircraft is currently designed to transport nine passengers and a pilot or 1800 pounds of cargo up to 500 miles in all weather conditions.

Electra's technology delivers 2.5x the payload and 10x longer range at 70% lower operating costs than vertical takeoff alternatives.

The acquisition places Electra's order book...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT