Lockheed Invests in Hybrid-Electric Aircraft Developer Electra
Lockheed Martin’s venture capital arm has made an investment in Electra.aero through a Series A funding round to enable the latter to perform flight testing of its hybrid-electric ultra-short takeoff and landing demonstrator aircraft in 2022. “Electra’s technical approach to sustainable aviation is differentiated, and we are excited to see this concept mature,” Chris Moran, […] More