EElectra.aero develops hybrid-electric eSTOL aircraft to enable regional air travel between 50 and 500 miles. The aircraft use a blown-lift method to take off and land from spaces smaller than a soccer field, combining helicopter-like flexibility with fixed-wing efficiency and quiet electric propulsors. It plans to sell or lease these aircraft to airlines and service providers, enabling access to small regional airports and non-traditional landing sites while reducing runway needs. Its goal is to decarbonize aviation and make sustainable, affordable regional travel practical for thousands of underserved communities.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$121.2M
Headquarters
Manassas, VA
Founded
2019
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Total Funding
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President Trump returns to Ohio with a record of results. October 29, 2026 by Joe Hoft The following is from the Trump team. On Wednesday, President Donald J. Trump returns to the Buckeye State to showcase a record of results that puts Ohio workers, families, seniors, farmers, and communities first. Under the leadership of President Trump and Republicans, Ohioans are benefiting from historic tax relief, falling crime, surging private investment, stronger rural healthcare, and new resources for the state's defense industry. Delivering historic tax relief for Ohioans. President Trump's Working Families Tax Cuts are putting real money back in the pockets of hardworking Ohio workers, families, and seniors. * No Tax on Overtime: More than 1.2 million Ohio workers claimed $3.4 billion in No Tax on Overtime deductions in 2026. * No Tax on Social Security: More than 1.5 million Ohio seniors benefited from the new senior deduction in 2026, with the average senior expected to pay zero federal taxes on Social Security benefits. * Bigger Refunds: Ohio taxpayers saw average refunds of $3,308 in 2026. * Protecting Jobs and Wages: The Working Families Tax Cuts safeguarded 208,000 Ohio jobs, $37 billion in state GDP, and $19 billion in wages for Ohioans. * Lowering Taxes for Small Businesses and Family Farms: The tax cuts permanently locked in the increased death tax exemption (indexed for inflation), 100% expensing, a doubled Section 179 limit, and the 20% small business deduction. They also expanded crop insurance and raised reference prices for the first time in over a decade. Strengthening rural healthcare across Ohio. President Trump is delivering targeted resources to expand access, modernize care, and improve outcomes in Ohio's rural communities. * Rural Health Transformation: Ohio secured more than $200 million in first-year funding under the Working Families Tax Cuts' Rural Health Transformation Program. * Modernizing Care: The Trump Administration awarded $92 million across 22 rural Ohio hospitals to support coordinated care networks, maternal health services, and equipment and facilities upgrades. Making Ohio communities safer. Violent crime is falling across Ohio as President Trump's law and order agenda takes hold. * Statewide homicides dropped 16.1% last year. * Columbus hit a 16-year low in homicides in 2025, with further declines in 2026. * Cincinnati saw homicides fall more than 6% in 2025 and drop another 19% in the first half of 2026 compared with the same period the year before. * Cleveland recorded double-digit drops in 2025: homicides down 16%, rapes down 28%, auto thefts down 26%, and robberies down 24%. In the first half of 2026, rapes fell another 8% and robberies another 21%. Unleashing private investment and job creation. President Trump's pro-growth, America First policies are drawing major private investment and new jobs across the Buckeye State. * Nvidia is financing up to $105 billion for a new Super Intelligence data center in Pike County. * Electra is investing $850 million to open its first EL9 Ultra Short aircraft production facility in Springfield, creating 1,975 new jobs. * Stellantis is investing $400 million in its Toledo Assembly Complex, creating over 900 jobs. * Bayer is investing $2.2 billion to build a pharmaceutical manufacturing campus in New Albany, creating about 600 permanent jobs and 1,500 construction jobs. * Honda is investing up to $2.5 billion to build a new hybrid vehicle production plant in Ohio. * Hikma Pharmaceuticals is investing $267 million to expand its manufacturing facilities in Columbus and Bedford, creating 350 new jobs. * Weidmann is investing $150 million to renovate and expand a historic former paper mill in Middletown, creating dozens of new full-time jobs. * Kreate is investing $100 million for a new consumer and professional plastic products manufacturing facility in Tiffin. * Kimberly-Clark is investing $800 million to build its first new U.S. plant in 37 years in Warren. * Vallourec is investing $48 million to expand its operations in Youngstown. President Trump is securing reliable energy and delivering for communities that were neglected under the previous Administration. * Protecting Ratepayers: The Trump Administration formed a public-private partnership with SoftBank Group and SB Energy to build 10 gigawatts of new power generation in southern Ohio, ensuring corporations - not Ohio families - pay the costs of data center growth. The deal includes $40 million in community benefits from SB Energy. * Standing Up for East Palestine: After years of inaction, the Trump Administration launched a five-year, $10 million research initiative to study the long-term health impacts of the 2023 train derailment and ensure residents receive the medical attention they need. * Revitalizing American Steelmaking: The Trump Administration awarded $500 million to support a $1 billion investment at Cleveland-Cliffs' Middletown Works facility in Middletown, protecting 2,300 jobs and strengthening its domestic steel supply chain. Strengthening Ohio's defense industry. President Trump is expanding Ohio's role in national security and high-tech defense manufacturing. * In October, President Trump announced that Cleveland will be home to the new U.S. Submarine Component Repair Center. * The first Ohio-built Fury fighter drone for the U.S. Air Force rolled off the line in July at Anduril's Arsenal-1 plant in Pickaway County - a $910.5 million project expected to create more than 4,000 jobs. * The FY 2026 NDAA provided more than $72 million for Ohio defense projects, including $60 million for work at Wright-Patterson Air Force Base. President Trump and Republicans are delivering for Ohio families, workers, seniors, and communities - proving once again that America First means Ohio First. Ohioans face a clear choice: continue this progress or return to the higher taxes, open borders, and failed policies of the past.
Electra has landed its hybrid-electric Ultra Short aircraft at Downtown Skyport in Lower Manhattan. The company believes it is the first fixed-wing aircraft without vertical takeoff capability to use the heliport. The aircraft combines hybrid-electric propulsion with blown-lift technology to take off and land in 150 feet. Electra says this lets it use heliports, barges, fields, and parking lots instead of runways. The flight is part of Electra's push for "Direct Aviation", regional air travel from local access points. Electra estimates it could save about 3 hours and 45 minutes on a trip from New York City to Boston. Electra is an inaugural participant in the FAA's advanced air mobility integration pilot program. It is working toward certification of its EL9 aircraft.
The new aircraft does a wild stunt. The American company Electra is developing hybrid-electric aircraft that can operate from very short landing sites.
Electra completes groundbreaking flights at commercial airport using helicopter-style instrument procedures and novel take off and landing areas for its Ultra Short airplane. Sep 22, 2026, 09:00 ET Flights under the FAA integration pilot program lay the groundwork for future operations for Electra's flagship EL9 and help establish a national blueprint for AAM instrument flight networks MANASSAS, Va., Sept. 22, 2026 /PRNewswire/ - Electra today announced it successfully completed first-of-its-kind flights from a heliport on a commercial airport ramp at the Roanoke-Blacksburg Regional Airport. The operations showcased the breakthrough capabilities of Electra's fixed-wing Ultra Short aircraft to use vertical flight landing areas and helicopter-style instrument procedures to support reliable, affordable, and safe regional operations without adding traffic to congested airport runways. Using Electra's hybrid-electric EL2 Ultra Short aircraft, the flights tested point-in-space procedures and dedicated instrument routings across numerous Virginia airports, including Virginia Tech/Montgomery Regional Airport (KBCB) in Blacksburg, Roanoke-Blacksburg Regional Airport (KROA), and Allan C Perkinson/Blackstone AAF Airport (KBKT). The flights at each of these locations, plus two additional sites in Newport News and Richmond, all took off and landed on small heliports, vertiports, taxiways, and other novel Ultra Short access points historically only accessible by helicopters. Electra conducted the work in coordination with the FAA eVTOL and AAM Integration Pilot Program (eIPP), the Virginia Smart Airspace Program, Virginia Tech, the Virginia Department of Aviation, and PennDOT, the lead eIPP participant for Virginia operations. The operational milestones mark a major step toward integrating fixed-wing Ultra Short aircraft into the National Airspace System using low-cost, scalable procedures designed around the unique performance of next-generation electric and hybrid-electric aircraft and will support future operations of Electra's flagship EL9. "What happened in Virginia provides a glimpse into the future of flight," said Marc Allen, CEO of Electra. "We showed that fixed-wing, Ultra Short aircraft can use vertical flight landing areas and a new generation of instrument procedures to reach places conventional airplanes were never designed to access. This will both bring air service closer to the passenger and also expand capacity at commercial airports in completely non-congestive ways. Direct Aviation is not just about a new aircraft, but a new operating model that brings air travel closer to communities and saves travelers huge amounts of time on their journeys." These flights build on Electra's role in the Virginia Smart Airspace Program, a pioneering effort to develop scalable instrument flight procedures and novel access points for Advanced Air Mobility. The program is focused on enabling aircraft with new performance capabilities to operate safely and predictably through point-in-space procedures, dedicated routing, and airport and vertiport integration, all while collecting data. During flights, Electra and its partners collected operational data to compare aircraft performance against procedure requirements and inform future evaluation of fixed-wing AAM operations using helicopter-style instrument procedures. Through over a year of program development leading up to this month's testing, Smart Airspace partners and the FAA designed flexible vertiport and heliport approaches to accommodate the Ultra Short, evaluated and tested novel approach and departure instrument procedures for the Ultra Short, and workshopped new air traffic concepts to allow the Ultra Short to land off-runway at airports safely and efficiently. "This is the kind of practical flight testing needed to move Advanced Air Mobility from concept to operational reality," said Tombo Jones, Director of Virginia Tech's Mid-Atlantic Aviation Partnership. "The goal is not just to fly a route, but to generate the data and operational insight needed to help new aircraft types integrate safely, efficiently, and repeatably into the airspace system." "This is a breakthrough moment for Advanced Air Mobility," said Dr. Parker Vascik, Director of Product Strategy at Electra. "All in all, we demonstrated the core enabling principle of Ultra Short aircraft feeding into major airports in a manner that complements rather than burdens the air traffic system - by accessing airspace and airport surfaces currently underutilized by conventional traffic. This is a first step toward developing guidelines and procedures for Ultra Short operations at major airports and novel access points." The EL9 Ultra Short is designed to deliver helicopter-like access with the benefits of fixed-wing flight, advancing Electra's Rule of Six: the combination of expanded access, quiet operations, meaningful payload, practical range, uncompromising safety, and affordability needed to make Advanced Air Mobility practical at scale. About Electra Electra.aero, Inc. (Electra) is an advanced air mobility (AAM) company building hybrid-electric Ultra Short airplanes that deliver unprecedented performance advantages to fly people and cargo seamlessly without airports, emissions, or noise. With the EL9 Ultra Short, Electra is pioneering Direct Aviation, the next level of connectivity that brings air travel closer to where we live, work, and play. Electra's Ultra Short technology delivers 2.5x the payload and 10x longer range with 70% lower operating costs than helicopters and eVTOLs with significantly greater safety and far less certification risk. Electra's team includes some of the most respected and successful entrepreneurs and engineers in novel aircraft design, with over 40 prior aircraft successfully developed and/or certified. Lockheed Martin Ventures, Honeywell Aerospace, and Safran are among Electra's strategic investors along with Prysm Capital, the Virginia Innovation Partnership Corporation (VIPC), and other private investors. Electra's contracted customers include the U.S. Air Force, the U.S. Army, the U.S. Navy, and NASA along with over 2,200 letters of intent from 60+ commercial customers, including both airlines and helicopter operators. Media Contact: Matthew Bowen Vrge Strategies [email protected] SOURCE Electra.aero
Electra and atlas sign airframe agreement for EL9 Ultra Short. When innovative aircraft design meets advanced manufacturing expertise, extraordinary things happen. Together, ATLAS and Electra are creating a new standard for aerospace innovation, and Atlas Aero is proud to help bring the EL9 from vision to flight. September 17, 2026 When innovative aircraft design meets advanced manufacturing expertise, extraordinary things happen. Together, ATLAS and Electra are creating a new standard for aerospace innovation, and Atlas Aero is proud to help bring the EL9 from vision to flight. In this signing ceremony, ATLAS and Electra celebrate a landmark agreement that positions ATLAS as a key manufacturing partner for the EL9 Ultra Short hybrid-electric aircraft. This collaboration brings together Electra's revolutionary aircraft technology and ATLAS' proven expertise in aerospace manufacturing, marking an important step toward flight testing, certification, and eventual commercial production. The event reflects a shared commitment to transforming innovative ideas into scalable aerospace solutions and advancing a new era of regional air mobility.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$121.2M
Headquarters
Manassas, VA
Founded
2019
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs