Electra and Airflow Join Forces to Bring eSTOL Aircraft Family to Market
The merged company will focus on hybrid-electric propulsion to start, but wants to eventually build hydrogen-powered aircraft.
Two companies pioneering the development of hybrid-electric eSTOL aircraft are joining forces, with Electra set to acquire Airflow. Announcing the unexpected deal during the Up.Partners industry meeting in Bentonville, Arkansas, on June 8, Electra said it will integrate the California start-up’s workforce, as well as combine letters of intent for their respective blown-lift designs, which it reports now cover almost 800 aircraft.
At face value, the Electra and Airflow aircraft are fairly similar in terms of projected short-takeoff and landing performance. The companies say that both product lines will continue to be developed by the combined venture, albeit perhaps for different applications.
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