Fundraising Fox

Electra

Manassas, US Β· 2 known investors

Electra develops hybrid-electric aircraft, including its Ultra Short model that uses blown-lift and distributed electric propulsion to take off and land in about 150 feet for short-runway regional travel. The company targets both commercial regional aviation operators and defense customers seeking runway-independent airlift.

Investors Β· 2

Non-dilutive funding Β· 11 SBIR/STTR awards

Federal grants β€” no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$30M
U.S. Air ForceAir ForcePhase II2023$1.2M
NASAPhase II2023$845K
U.S. Air ForceAir ForcePhase II2022$1.2M
U.S. Air ForceAir ForcePhase IISTTR2022$749.8K
U.S. Air ForceAir ForcePhase IISTTR2022$749.6K
NASAPhase I2022$149.6K
U.S. Air ForceAir ForcePhase ISTTR2022$50K
U.S. Air ForceAir ForcePhase II2021$1.5M
U.S. Air ForceAir ForcePhase ISTTR2021$149.3K
NASAPhase ISTTR2021$124.8K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts β€” non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Electra do?
Electra develops hybrid-electric aircraft, including its Ultra Short model that uses blown-lift and distributed electric propulsion to take off and land in about 150 feet for short-runway regional travel. The company targets both commercial regional aviation operators and defense customers seeking runway-independent airlift.
Who are Electra's investors?
Electra's investors include OUTPOST VENTURES, Lockheed Martin Ventures.
Where is Electra headquartered?
Electra is headquartered in Manassas, US.