Electra

The journey lasted 23 minutes and covered about 30 miles at 3,200 feet in altitude, taking off from the runway at ‘neighborhood driving’ speeds.

Funding and agreement will speed development and commercialization of the company’s aircraft, which takes off from runways as short as 150 feet.

The test vehicle aims to help prove the company’s blown-lift technology.

The Virginia company designed a prototype able to operate from parking lots and soccer-fields.

Virginia-based hybrid electric short takeoff and landing (eSTOL) aircraft developer Electra Aero announced Wednesday it has acquired California-based advanced air mobility (AAM) company, Airflow.

Virginia-based startup Electra.aero says it has secured a key investment from Lockheed Martin as it seeks to develop a hybrid electric, ultra-short takeoff and landing (eSTOL) aircraft.

Bristow Group and Electra.aero signed an agreement Thursday that commits the two companies to collaborate on Electra’s hybrid-electric short take-off and landing (eSTOL) aircraft. Electra expects to deliver 50 of these low-emission aircraft to Bristow. “Just as Bristow pioneered the vertical transportation market some 70+ years ago, this [agreement] sets the stage for early collaboration […]