Heart Aerospace, a company building a 19-seater electric airplane, has raised a US$35 million Series A round led by Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group. In addition, Heart\u2019s seed investors, EQT Ventures, and Lowercarbon Capital, have participated in the round.<\/p>\n\n\n\n
As part of the agreement, United and Mesa have together placed purchase orders, subject to terms, for 200 aircraft, the ES-19, with options for an additional 100 planes.<\/p>\n\n\n\n
“I can\u2019t imagine a stronger coalition of partners to advance our mission to electrify short-haul air travel,\u201d said Anders Forslund, CEO of Heart Aerospace. \u201cThere\u2019s BEV – the world\u2019s most influential climate fund. There\u2019s United – one of the world\u2019s largest airlines, who\u2019s poised to be the global leader in decarbonising air travel, and there\u2019s Mesa, the largest operator of 19-seater aircraft in history. This combination of near-term commercial viability and long-term climate investment philosophy is exactly what we need to make commercial electric air travel a reality.”<\/p>\n\n\n\n
\u201cAviation is such a critical piece of our global economy. At the same time, it\u2019s a major source of carbon emissions and one of the most difficult sectors to decarbonise,\u201d said Carmichael Roberts, Breakthrough Energy Ventures. \u201cWe believe electric aircraft can be transformational in reducing the emissions of the industry, and enable low cost, quiet and clean regional travel on a broad scale. Heart\u2019s visionary team is developing an aircraft around its proprietary electric propulsion technology that will allow airlines to operate at a fraction of the cost of today and has the potential to change the way we fly.\u201d<\/p>\n\n\n\n
With this new agreement, United Airlines is deepening its bold commitment to reduce its greenhouse gas emissions 100% by 2050 without relying on traditional carbon offsets, as well as enabling the growth of Heart Aerospace and participating in the development of aircraft that will reduce greenhouse gas emissions from flying altogether. <\/p>\n\n\n\n
\u201cBreakthrough Energy Ventures is the leading voice of investors who are supporting clean-energy technology creation. We share their view that we have to build companies who have real potential to change how industries operate and in our case, that means investing in companies like Heart Aerospace who are developing a viable electric airliner,\u201d said Michael Leskinen, United\u2019s Vice President Corp Development & Investor Relations, as well as UAV\u2019s President. \u201cWe\u2019re proud to partner with Mesa Air Group to bring electric aircraft to our customers earlier than any other US airliner.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Heart Aerospace, a company building a 19-seater electric airplane, has raised a US$35 million Series A round led by Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group. In addition, Heart\u2019s seed investors, EQT Ventures, and Lowercarbon Capital, have participated in the round. As part of the agreement, United and Mesa have together placed purchase […]<\/p>\n","protected":false},"author":21,"featured_media":54143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,36,27,476,93,24],"tags":[16227,13315,16229,16228],"class_list":["post-54142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation","category-green","category-intelligent-technology-newsletter","category-nordic","category-top-stories","category-used","tag-breakthrough-energy-ventures","tag-heart-aerospace","tag-mesa-air-group","tag-united-airlines-ventures"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/54142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=54142"}],"version-history":[{"count":4,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/54142\/revisions"}],"predecessor-version":[{"id":54484,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/54142\/revisions\/54484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/54143"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=54142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=54142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=54142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}