“Electra Appoints Max Ochoa as CFO”

Elec­tra announced this week that Max Ochoa has been appoint­ed as the company’s Chief Finan­cial Offi­cer (CFO), reports a press release. 

An indus­try vet­er­an who brings more than two decades of finan­cial, legal and HR expe­ri­ence, Ochoa will pro­vide strate­gic lead­er­ship across Electra’s finance and legal depart­ments, assist­ing the com­pa­ny through its next phase of growth as it scales to meet ris­ing demand from both com­mer­cial and defence mar­kets.

Marc Allen, CEO of Elec­tra, com­ment­ed, “Max’s track record in scal­ing organ­i­sa­tions and lead­ing them through hyper-growth peri­ods makes him an invalu­able addi­tion to our lead­er­ship team. He brings the exper­tise to help us nav­i­gate this crit­i­cal phase by align­ing our finan­cial, legal, and oper­a­tional infra­struc­ture with the ambi­tious mile­stones ahead.”

Most recent­ly, Ochoa served as CFO and Gen­er­al Coun­sel at Satelles where he helped dri­ve the acqui­si­tion by Irid­i­um Satel­lite Com­mu­ni­ca­tions. Before that, Ochoa held exec­u­tive lead­er­ship roles at Ala­tion, Turn, Adi­fy and TiVo. Ear­li­er in his career, he was an asso­ciate at Coo­ley LLP, and an engi­neer at GE Air­craft Engines.

He also serves on the Board of One­Jus­tice, a not-for-prof­it increas­ing access to pro bono legal rep­re­sen­ta­tion in civ­il mat­ters for California’s under­served pop­u­la­tions.

Electra’s Ultra Short air­craft inte­grates blown lift and hybrid-elec­tric propul­sion to take off and land in just 150 ft, which is around 10 per­cent of the foot­print required for sim­i­lar­ly-sized lega­cy air­planes.

With the nine-pas­sen­ger EL9, com­mer­cial air oper­a­tors can con­nect com­mu­ni­ties that lack tra­di­tion­al avi­a­tion infra­struc­ture, fly into air­ports with strict noise restric­tions, cre­ate new oppor­tu­ni­ties and busi­ness mod­els for car­go ser­vices and save trav­ellers sig­nif­i­cant time. 

For defence oper­a­tors, the EL9 pro­vides new ways to move troops and sup­plies, includ­ing the abil­i­ty to take off and land with a low sig­na­ture in heli­copter-sized spaces in remote areas.

Elec­tra recent­ly announced its Series B raise at USD115 mil­lion, led by Prysm Cap­i­tal. In March 2025, the com­pa­ny sur­passed 2,200 pre-orders for the EL9 air­craft.

For more infor­ma­tion

https://www.electra.aero

(Images: Elec­tra)

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