Lockheed Martin Ventures leads Series A funding round for Electra.aero
Electra.aero (Electra), a developer of hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft, has secured a Series A investment from Lockheed Martin Ventures (LMV), the venture capital arm of Lockheed Martin Corporation. The funding will support Electra’s plans to begin flight testing a full-scale hybrid eSTOL technology demonstrator aircraft later this