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Wright Electric
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Developer of electric commercial airplanes

Founded in 2016
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 Los Angeles, CA Los Angeles, United States
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Updated by Cleantech Group on 09/16/2024

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Date Partner Type
03/01/2024
Columbia University Columbia University
Wright Electric, with Columbia University, have been awarded a contract from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) Pioneering Railroad, Oceanic and Plane Electrification with 1K energy storage systems (PROPEL-1K) for their work on developing an ultra-energy-dense aluminum battery and AI electrolyte screening system
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Confirmed by Columbia University
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IPO INFORMATION

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Date Investors Type Amount
08/20/2024 Federal Aviation Administration Federal Aviation Administration (1)
Post-money valuation of
FAA FAST program grant to develop light weight, high power batteries for large aircrafts
Grant $3,340,000
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