Electra.aero Surpasses 2,000 Orders for Hybrid-Electric Aircraft

The hybrid-electric short takeoff and landing (eSTOL) aircraft manufacturer reached the milestone following orders from JetSetGo, Lygg, and Charm Aviation.

Jack Daleo

Tuesday, January 23, 2024 at 03:19 PM ET

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A digital rendering depicts Electra’s eSTOL soaring over Vancouver, British Columbia. [Courtesy: Electra.aero]

Key Takeaways:

Electra.aero has surpassed 2,000 preorder sales for its hybrid electric short takeoff and landing (eSTOL) aircraft, representing an order book valued at over $8 billion.
The nine-seat eSTOL aircraft is distinguished by its ability to take off and land in just 150 feet of runway, leveraging blown lift technology and distributed electric propulsion for improved efficiency and reduced environmental impact.
Recent major agreements include orders from Finnish platform Lygg (up to 300 aircraft), India's JetSetGo (50 firm orders), and New York City's Charm Aviation, expanding Electra's market reach ahead of its planned 2028 commercial launch.

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The company behind the November first flight of a hybrid electric short takeoff and landing (eSTOL) aircraft is racking up demand for the design.

Lockheed Martin-backed Electra.aero on Tuesday announced that it topped 2,000 preorder sales for its flagship eSTOL design, an order book the manufacturer values at over $8 billion once fully realized. The nine-seat aircraft is unique, even among electric designs, because of its ability to take off or land with just 150 feet of runway.