Airline Industry & Market Trends News

Aviation WeekGraham Warwick

Electra Raises $115 Million Series B Funding for Hybrid-Electric EL9 Aircraft

Electra has raised $115 million in Series B funding to advance its EL9 hybrid-electric aircraft into pre-production and certification stages, targeting a market entry by 2029. The funding milestone underscores the demand for sustainable aviation as Electra enhances its ultra-short takeoff and landing capabilities.

2025-04-21T10:46:09.982181-07:00

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