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 year.
Lockheed Martin Ventures has invested in Electra’s Series A funding round to support flight testing Electra’s hybrid-electric eSTOL aircraft full-scale technology demonstrator in 2022.
