Hybrid-Electric Blown-Lift eSTOL Plane Developer Electra Acquires Airflow to Create a Leader in Advanced Air Mobility
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Wednesday, June 8, 2022
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(Electra), a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, announced today that it has acquired California-based Airflow.aero, Inc .
Key Points:
- (Electra), a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, announced today that it has acquired California-based Airflow.aero, Inc .
- The transaction, which closed on June 2, creates a powerful addition to the rapidly emerging advanced air mobility (AAM) market.
- With this acquisition, Electra is consolidating Airflow's eSTOL business under the Electra brand.
- "The Airflow team and the Electra team both have deep experience in the development and testing of battery-powered aircraft.