Electra Aero said it will receive up to $85 million under a U.S. Air Force funding program to support development of a full-scale electric short takeoff and landing, or eSTOL, prototype aircraft.
The Air Force award combines private investment, government funding, and matching Small Business Innovation Research (SBIR) funding for Electra’s development of the new aircraft. The latest contract follows Electra’s six active Air Force SBIR and Small Business Technology Transfer (STTR) contracts that have funded development of eSTOL’s main characteristics, including distributed electric propulsion, blown lift aerodynamics, precision flight controls, and hybrid-electric powertrains.
