Electra.aero Acquires Airflow.aero
June 2, 2022
Electra.aero, a developer of hybrid-electric eSTOL airplanes, has acquired California-based Airflow.aero to consolidate blown-lift eSTOL technology, talent, and backlog under the Electra brand. The acquisition expands Electra's technical capabilities and sales pipeline in the advanced air mobility market and raises its order book to nearly 800 units.
- Buyers
- Electra.aero, Inc.
- Targets
- Airflow.aero, Inc.
- Industry
- Aerospace & Defense
- Location
- California, United States
- Transaction Type
- Buyout
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