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Heart Aerospace
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Developer of an electric drivetrain and hybrid-electric regional aircraft

Founded in 2018
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector aviation

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sweden Gothenburg, Sweden
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Updated by Sunena Gupta at on 02/02/2024

Edited by Cleantech Group on 11/11/2024

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Date Partner Type
09/04/2024
Loganair Loganair
Partnership to explore and develop use-cases for zero-emissions aircrafts in the UK
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Confirmed by Loganair
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IPO INFORMATION

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Date Investors Type Amount
02/01/2024 Sagitta Ventures Sagitta Ventures , Air Canada Air Canada , Breakthrough Energy Ventures Breakthrough Energy Ventures , European Innovation Council (EIC) European Innovation Council (EIC) , EQT Ventures EQT Ventures , Lower Carbon Capital Lower Carbon Capital , Norrsken VC Norrsken VC , Y Combinator Y Combinator , United Airlines Ventures United Airlines Ventures (9)
Post-money valuation of
Funds will be used to further progress toward type certification of the company’s first hybrid-electric aeroplane, the ES-30. Heart Aerospace has 250 orders for the ES-30, with options and purchase rights for an additional 120 planes. The company also has letters of intent for 191 more aeroplanes.
Series B $107,000,000
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