# Electra Aero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/electra-aero

- Industry: Aerospace
- Headquarters: Falls Church, US
- Website: www.electra.aero
- Total disclosed funding: $135M
- Latest round: Series B (Apr 21, 2025)
- Investors on record: 6

## About

Based in Virginia, US, and founded in 2020, Electra.aero, Inc., also known as Electra, is an aerospace company focused on the development and manufacture of hybrid-electric aircraft, intended to enhance urban and rural mobility in a sustainable manner. In January 2022, the company raised Series A funding from investor Lockheed Martin Ventures, and as of February 2022, the firm is being led by its CEO, John S. Langford, and has operations in Cambridge (MA), and Switzerland.

Electra.aero, Inc.’s team of engineers and technicians designs and manufactures eSTOL (Electra's hybrid-electric, ultra-short takeoff and landing) aircraft, that enhance passenger and cargo transportation throughout regional and urban areas in a safe and cost-effective manner. The company's patented technology uses blown lift and distributed electric propulsion to take off and land in a small space, removing the need for specific runways and reducing noise levels. The aircraft are equipped with in-flight battery charging systems, allowing them to fly longer distances without requiring special infrastructure or frequent landings for battery charging, and have more load capacity when compared to vertical take-off alternatives.

Electra.aero, Inc. intends to use the January 2022 funding to start flight testing a full-scale hybrid eSTOL aircraft.

## Funding rounds

- Series B, Apr 21, 2025, $115M — Safran, Statkraft Ventures, Lockheed Martin Ventures, Honeywell Ventures, Prysm Capital, Virginia Innovation Partnership Corporation
- Series A, Jan 18, 2022, $20M — Lockheed Martin Ventures

## Investors

- Lockheed Martin Ventures (https://capitalatlas.ai/funds/lockheed-martin-ventures) — Series A, Series B
- Safran — Series B
- Statkraft Ventures (https://capitalatlas.ai/funds/statkraft-ventures) — Series B
- Honeywell Ventures (https://capitalatlas.ai/funds/honeywell-ventures) — Series B
- Prysm Capital (https://capitalatlas.ai/funds/prysm-capital) — Series B
- Virginia Innovation Partnership Corporation — Series B