list of electric aircraft companies

List Of Electric Aircraft Companies - Electric aviation may have seemed like a pipe dream a few years ago, but the industry is booming. Image via Shutterstock/Sathit Srihin

Aviation emissions have doubled since the mid-1980s, Our World in Data reports, and account for about 2.5 percent of global carbon dioxide. The US is increasingly ambitious to achieve net-zero emissions, with President Joe Biden signing an executive order to reduce greenhouse gas emissions by 50 percent by 2030. in sustainable aviation fuel as well as technology that promises to electrify aircraft.

List Of Electric Aircraft Companies

"The electrification of aviation has come a long way in recent years. In 2008, the industry adopted a global, sector-wide climate action framework - the first in the world. Since then, the industry has recognized and responded to environmental concerns expressed by consumers," the environmental lobby , governments and other players, for example, reduce emissions and reduce the level of noise," said Stéphane Lagut, head of the global aerospace and defense sector at Ernst & Young. "Together, these factors create a greener and cleaner aviation sector - and before the pandemic ."

Electric Airplanes Are Getting Close To A Commercial Breakthrough

Air travel has been hit hard by the pandemic. Still, the air mobility investment group is willing to invest in electric flights. UP. take a partner. The company launched a $230 million venture capital fund last fall to support electric aviation companies. With more financial support, we could see some electric passenger planes in the skies by 2026.

In some ways, the unexpected stoppage of travel in 2020 may have helped this transition. For one thing, free demand leads to lower aircraft utilization, which causes older aircraft to retire sooner than planned. Cost pressures on the system have led to exploring investments in cheaper and more sustainable aircraft, Lagat said.

The industry may still be a long way from urban air mobility, or flying taxis. (See a separate list for some of those players.) However, advances in electric and autonomous vehicles have fueled renewed enthusiasm for integrating more battery power into aviation, Lagut said. Funding, talent, battery capacity and other energy storage issues will be the biggest hurdles in the electric aviation industry, but companies are not shying away from the challenge.

According to market research company MarketsandMarkets, the global market for electric aircraft is expected to reach $27.7 billion by 2030. Experts say that the growth of this market is driven by the spread of urban mobility aircraft and the use of electric aircraft for cargo and other operations.

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Below, you can see six electric aviation companies in 2022. We present these private companies as they all move into the development phase of new products, raise funds to fuel growth, or advance their missions.

Please note that these are not the only companies that do great work, but there are a few that you should be aware of. We also selected electric aviation companies that have not been featured before (see the 2019 list) and are not related to projects controlled by large companies or airlines.

Founded in 2019, Airflow, based in the San Francisco Bay Area, manufactures aircraft for logistics and middle-mile passengers. The aircraft, which can carry nine passengers or 2,000 kilograms of cargo, is manned and operated by a single pilot. The company was started by a team from the former Airbus vehicle eVTOL program, which worked on prototypes of electric powered personal air vehicles.

Over the next decade, Airflow wants to develop autonomous cargo vehicles. Currently, the company is focusing on developing electric take-off and landing (eSTOL) aircraft. Airflow recently partnered with Honeywell and Tailwind Air Services to help develop the aircraft. Through a partnership with Honeywell, Airflow will test traffic radar technology on the company's aircraft and develop personal avoidance algorithms.

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"Honeywell recognizes the impact of eSTOL manned aircraft not only on passengers and mid-mile logistics operations, but also on building a sustainable future for aviation. We want our technology to be part of the journey and the future," Stephan Faimat, representative. president and general manager of Urban Air Mobility at Honeywell Aerospace, said in a press release. "Airflow was founded by some of the most experienced professionals in the aerospace field, and we are excited to help companies achieve their short- and long-term goals of expanding aviation benefits and reducing carbon emissions with electric aircraft."

The company has not yet disclosed the details of the funding, but stated on its website that venture capital support would be shared soon. Airflow is led by CEO Marc Ausman, former head of strategy for Airbus' vehicle program. Before starting Airflow, Osman also held executive roles at Unique, Eclipse Aviation and the US Navy.

Beta Technologies has raised $511 million in funding in two rounds from companies including Amazon and Hula. Image courtesy of Beta Technologies

Burlington, Vermont-based Beta Technologies is an aerospace manufacturer developing electric vertical take-off and landing (eVTOL) aircraft for the cargo and logistics industry. Founded in 2017, the company began as CEO Kyle Clark's senior thesis project. He tried to teach himself about aircraft design and eventually came up with the idea that Beta is evolving now.

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The startup has raised about $450 million, including a $368 million Series A that closed in May, a spokesperson said. It has attracted investment from investors including the Amazon Climate Pledge Fund.

But Beta isn't just in the business of developing electric planes; The company provides rapid charging stations at airports and is developing a training program with Canada-based simulation technology maker CAE for electric vertical pilots and maintenance technicians. Clark said Beta has more than 60 fast charging stations online or under construction from here to Arkansas.

"The future of transportation is electric, and Beta is enabling it," Clark said. "We are building all the components needed to deploy electric aircraft - a cross-country charging infrastructure that supports all electric vehicles, including aircraft - eVTOLs, trucks, cars - not just us."

With a firm mission to develop electric flight around the world, Beta built, tested and flew its first eVTOL aircraft, Ava. The company will take lessons from its flagship aircraft and build the Alia with a 50-foot wingspan, which will be the aircraft that takes beta through FAA certification. Clarke said Alia is a "zero operational emissions aircraft" that minimizes material waste generated during production and ongoing maintenance, offering low-cost transportation for use cases across the board.

Alice, The First All Electric Passenger Airplane, Prepares To Fly

In the summer of 2021, Hart Aerospace closed a $35 million Series A funding round led by big names, including Bill Gates' Breakthrough Energy Ventures and its venture arm United. Image courtesy of Hart Aerospace

Hart Aerospace, a Swedish-based electric aviation startup, is developing a 19-seat electric plane with a range of 250 miles and a backup generator for energy backup and range extension. The company announced its flagship aircraft, the Hart ES-19, and United Airlines and commercial aviation holding company Mesa Air Group placed orders for 200 Hart Aerospace electric planes.

Last summer, the company closed a $35 million Series A funding round led by big names including Bill Gates' Breakthrough Energy Ventures and venture arm United. Hart Aerospace emerged from a research project at Chalmers University of Technology based in Sweden in 2018 and is part of the Winter 2019 cohort of Company Y Combinator. The company's deal with United and Mesa was announced at the same time as the Series A and includes an option to buy up to 100 additional planes, TechCrunch reported.

"We are not looking to reinvent the wheel. Many startups introduce very novel aircraft architecture and spend years in subscale testing to prove the basic functionality of the aircraft," Anders Forslund said in a press release. "We avoid these pitfalls by relying on conventional aircraft architecture," Forslund said. "Almost all of our resources can be devoted to formal development - bringing this aircraft through certification and into commercial service."

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Hart Aerospace has raised $37.3 million since its inception to develop electric aircraft, and the company plans to deliver its first commercial aircraft in 2026. I hope the company continues to release positive progress updates after the success of the Hart subscale model aircraft. ES-19 aircraft in December. Check flights here.

Based in Los Angeles, Universal Hydrogen has a mission to enable a flexible and carbon-free future by making hydrogen the universal fuel choice. The company has developed a modular capsule technology solution to transport hydrogen to electric aircraft. Universal Hydrogen is also developing conversion kits that aircraft carriers can purchase to convert existing regional aircraft with hydrogen-electric powertrains compatible with modular capsule technology.

In October, Universal Hydrogen secured $62 million in funding for the first trials of a hydrogen fuel cell powertrain on a regional aircraft in 2022. The company says the technology is attractive because modular capsules are lighter than typical hydrogen storage options.

Universal Hydrogen formed a partnership with Connect Airlines in December

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