Advanced Air Mobility Modern Flying News

Honeywell and Electra Agree to Supplier, Investment Deal

In addition to supplying components for Electra’s hybrid-electric short takeoff and landing (eSTOL) design, Honeywell makes an undisclosed investment.

Thursday, July 25, 2024 at 02:56 PM ET

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Representatives from Honeywell and Electra agreed on a deal at the Farnborough International Airshow in the U.K. [Courtesy: Honeywell]

Key Takeaways:

Hybrid-electric eSTOL aircraft manufacturer Electra has partnered with Honeywell, which will serve as both a supplier and a strategic financial investor for its nine-passenger aircraft.
Honeywell will provide its compact and high-performance flight control computers and electromechanical actuators, crucial components for the eSTOL aircraft's advanced capabilities.
Electra's innovative design features a blown lift propulsion system, targeting a 150-foot runway requirement and aiming for FAA Part 23 certification by 2028.

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On Wednesday at the Farnborough International Airshow in the U.K., hybrid-electric short takeoff and landing (eSTOL) aircraft manufacturer Electra added Honeywell as a supplier—and investor.

Electra picked Honeywell to provide the flight control computers and electromechanical actuators for its nine-passenger eSTOL design. In addition, Honeywell said it made a “strategic financial investment” in Electra, the value of which was not disclosed.

Jack Daleo

Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.