Electra - About the company
Electra is a series B company based in Falls Church (United States), founded in 2020 by John Langford. It operates as a Developer of hybrid-electric aircraft for short takeoff and landing capabilities. Electra has raised $115M in funding from investors like Lockheed Martin, Statkraft Ventures and Prysm Capital. The company has 175 active competitors, including 43 funded and 10 that have exited. Its top competitors include companies like Skydweller, Beyond Aero and REGENT Craft.
Company Details
Developer of hybrid-electric aircraft for short takeoff and landing capabilities. The company focuses on creating aircraft designed for regional air mobility. The aircraft utilizes blown-lift technology, enabling operations from short distances. The hybrid-electric propulsion system allows flexibility in energy use, with electric power for operations in populated areas.
- Website
- www.electra.aero/
Key Metrics
Founded Year
2020
Location
Falls Church, United States
Stage
Series B
Total Funding
$115M in 6 rounds
Latest Funding Round
Investors
Ranked
1st among 175 active competitors
Employee Count
147 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Electra
Electra is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ELECTRA.AERO, INC. CIN: 7677983 , United States, Active | Oct 29, 2019 | - | - | - |
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Electra's funding and investors
Electra has raised a total funding of $115M over 6 rounds. Its first funding round was on Jan 18, 2022. Its latest funding round was a Series B round on Apr 21, 2025 for $*****. 6 investors participated in its latest round. Electra has 8 institutional investors.
Here is the list of recent funding rounds of Electra:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 21, 2025 | 2311943 | Series B | 2087399 | 7834890 | 4180029 | 2119799 |
Jan 08, 2025 | 7803214 | Grant (prize money) | 2713722 | 6855333 | 1674523 | |
Jul 01, 2024 | 5030264 | Grant (prize money) | 6063299 | 7743976 | 9856334 |
View details of Electra's funding rounds and investors
Electra's founders and board of directors
Founder? Claim ProfileThe founders of Electra is John Langford. Marc Allen is the CEO of Electra.
Here are the details of Electra's key team members:
- John Langford: Founder & Chairman of Electra.
- Marc Allen: CEO of Electra.
View details of Electra's Founder profiles and Board Members
Electra's employee count trend
Electra has 147 employees as of Jun 26. Here is Electra's employee count trend over the years:
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Electra's Competitors and alternates
Top competitors of Electra include Skydweller, Beyond Aero and REGENT Craft. Here is the list of Top 10 competitors of Electra, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Electra 2020, Falls Church (United States), Series B | Developer of hybrid-electric aircraft for short takeoff and landing capabilities | $115M | 63/100 | |
2nd | Skydweller 2019, Alexandria (United States), Series A | Manufacturer of autonomous, solar-powered aircraft for surveillance and communications missions | $50.7M | 61/100 | |
3rd | Beyond Aero 2020, Toulouse (France), Series A | Developer of electric business aircraft using hydrogen propulsion systems | $47.9M | 61/100 | |
4th | REGENT Craft 2020, Boston (United States), Series A | Developer of wing-in-ground technology-based electric sea gliders | $94.5M | 59/100 | |
5th | Heart Aerospace 2018, Gothenburg (Sweden), Series B | Developer of electric aircraft for regional air travel and transport | $154M | 58/100 | |
6th | Developer of hybrid-electric propulsion systems for aviation applications and related services | $31.7M | 57/100 | ||
7th | Manufacturer of general aviation, light sport, and electric aircraft models | - | 56/100 | ||
8th | Bye Aerospace 2007, Englewood (United States), Series C | Developer of all-electric fixed-wing aircraft designed for aviation training | $53.9M | 56/100 | |
9th | Developer of electric VTOL aircraft | $100M | 56/100 | ||
10th | Zero Gravity 2021, Hefei (China), Series A | Electric vertical takeoff and landing aircraft | $91.8M | 56/100 |
Looking for more details on Electra's competitors? Click here to see the top ones
Electra's Investments and acquisitions
Electra has acquired Airflow. Electra has not made any investments as of now.Reports related to Electra
Here is the latest report on Electra's sector:
News related to Electra
Media has covered Electra for a total of 20 events in the last 1 year, 13 of them have been about company updates and 2 about partnerships.
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Anduril and Archer Aviation Unveil Hybrid-Electric VTOL for Defense and Commercial UseFOX Business•Jul 22, 2026•Anduril, Archer, Vashon Aircraft, Electra
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Electra Selects Springfield, OH for First Production Facility, Ushering in New Era of Air MobilityPR Newswire•Jul 21, 2026•Electra, Safran, Aero
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Electra taps Safran for 250 turbogenerators to power hybrid-electric EL9Reuters•Jul 15, 2026•Electra, Safran, HAL India
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Electra Achieves FAA Certification Milestone for EL9 Ultra Short AircraftPR Newswire•Jul 10, 2026•Electra
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Electra Completes First Urban Flight of Hybrid-Electric Ultra Short Aircraft in South CarolinaRenewable Energy Magazine•Jun 01, 2026•Electra
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Electra Partners with Virginia for Air Mobility NetworkTravel Daily Media•Feb 20, 2026•Virginia, Electra
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Bristow and Electra Sign Agreement for EL9 Aircraft, Securing First Delivery SlotMiningstockeducation•Jan 21, 2026•Bristow Group, Electra
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Click Bond Expands Board of Directors with Aerospace LeadersPR Newswire•Nov 25, 2025•Clickbond, Marotta, Electra
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