Electra.aero has secured purchase commitments for 180 of the company’s hybrid eSTOL) aircraft totalling more than $500 million in value, after signing agreements with Flapper, Skyportz and Bristow Group.
Combined, the three partnerships give Electra an inside track on the design, operation, ground support, and marketing of its innovative aircraft. It will be a fixed-wing aircraft initially capable of carrying up to seven passengers and a pilot or 1,800 pounds of cargo up to 500 miles in all weather conditions.
Its ability to take off and land in just 100 feet enables flight operations from places previously inaccessible by flight, including urban rooftops and corporate parking lots. Electra says its technology delivers 2.5x the payload and 10X longer range with 70 per cent lower operating costs than vertical takeoff alternatives.
Flapper is Latin America’s leading charter flight reservation platform and under a Memorandum of Understanding, Electra will be Flapper’s preferred aircraft provider for five-plus seat regional air services. And as Electra’s preferred service provider in Brazil, Flapper has committed to purchasing 15 of its eSTOL aircraft with an option for a further 15. The two companies will jointly pursue new route networks including for heliport operators and real estate developers and investors.
Paul Malicki, CEO of Flapper, said: “Our transition to sustainable electric aircraft is expected to achieve 40% savings in our operational costs, and open our service to new destinations. With Electra’s eSTOL plane, we look forward to offering our customers unparalleled urban and regional air mobility in cities such as São Paulo, Bogotá, Santiago de Chile or Ciudad de Mexico – all at a fraction of the cost of a helicopter ride.”
Skyportz is developing a comprehensive infrastructure network in Australia to attract and support future urban and regional air mobility services. Its MoU with Electra includes a Purchase Agreement for up to 100 Electra eSTOL aircraft, enabling the company and its operating partners to directly connect city centres or dispersed logistics facilities and deliver cargo to remote regions. Skyportz is exploring opportunities in Australia for early trials leveraging Electra’s full-scale technology demonstrator, which enters flight testing in the US in 2022.
Clem Newton-Brown, Founder and CEO of Skyportz, said: “At Skyportz we are assembling the infrastructure backbone to make Australia even more attractive for innovative aircraft builders looking for a place to trial real world use cases. We look forward to introducing Electra to our property, freight and logistics partners and developing some viable applications for their aircraft.”
And back in August 2021, Electra and Bristow Group signed an MOU under which the two firms will cooperate on the technical development and certification as well as marketing of Electra’s eSTOL aircraft, with an expected delivery of 50 eSTOL planes. The companies will explore new markets for Bristow operations using the aircraft focused on middle mile logistics for retail distribution and passenger service.
John S. Langford, Founder and CEO of Electra.aero, added: “These strategic agreements go beyond the technological development and manufacturing of the aircraft. They chart the entire ecosystem needed for its successful operation, ground support, and customer use that together validate the commercial viability and market confidence in our eSTOL aircraft.”