Heart Aerospace

Global $692 Mn Commercial Electric Aircraft Markets, 2024-2031 & 2035 with Heart, Thales, Wright, Eviation, magniX, Joby Aviation, Electric Aviation, Embraer, Lilium, Vertical, Archer Dominating - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 30, 2024
Air, Transport, Aerospace, Manufacturing, Aircraft, USD, Investment, Travel, City, Business, Joby Aviation, Carbon, Heart Aerospace, Urbanization, MagniX, Air travel, CEA, Vertical Aerospace, Aviation, Growth, Airline

This market study covers the commercial electric aircraft market across various segments and subsegments.

Key Points: 
  • This market study covers the commercial electric aircraft market across various segments and subsegments.
  • The commercial electric aircraft (CEA) market represents a rapidly evolving landscape poised to revolutionize air travel.
  • Based on Platform, commercial electric aircraft market has been segmented into regional transport aircraft and business jets.
  • The Asia-Pacific region is expected to witness the highest CAGR in the commercial electric aircraft market from 2031 to 2035.

Heart Aerospace raises $107 million in Series B funding

Retrieved on: 
Thursday, February 1, 2024
Multimedia, Heart Aerospace, Aviation, Certification, Breakthrough Energy, Y Combinator, EQT Ventures, Air travel, Air Canada, Climate change, Carbon footprint, Economics, EASA

GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 1, 2024 /PRNewswire/ -- Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel.
  • The new round brings the total financing raised by Heart Aerospace since its inception to $145 million.
  • 'We couldn't be more excited about this round," said Anders Forslund, co-founder, and CEO of Heart Aerospace.
  • In addition to announcing new funding, Heart Aerospace said EQT Ventures partner Ted Persson will be joining the company's Board of Directors.

Mesa Air Group Enters New Agreements with United Airlines for Improved Operating and Financing Terms and Provides Update on CRJ-900 Asset Sale Program

Retrieved on: 
Thursday, January 18, 2024
MESA, Nextgen, Archer Aviation, 8-K, CRJ, Heart Aerospace, Form, CPA, Aircraft, Sale, Form 10-K, Aviation, Webcast, MHI, Mechanics, EST, File, CIT, Security (finance)

The Company also issued an update on its efforts to sell excess CRJ-900 assets to reduce debt and bolster liquidity.

Key Points: 
  • The Company also issued an update on its efforts to sell excess CRJ-900 assets to reduce debt and bolster liquidity.
  • We believe these new agreements, combined with our CRJ-related asset sales, will enable Mesa to generate substantial incremental contract revenue and improve margins.
  • “Without a doubt, the past twelve months concluded a year of restructuring for Mesa’s operations and finances, culminating with the significantly improved agreement with United.
  • The Company expects this increase will provide Mesa approximately $63.5 million in incremental revenue over the next twelve months and bolster liquidity.

Aviation Industry Innovator JSX Announces Intent to Acquire Over 300 Hybrid Electric Aircraft for Delivery Starting in 2028

Retrieved on: 
Tuesday, December 19, 2023
Men, Environmental Issues, Consumer, Other Travel, Transportation, Environment, Travel, Women, Air, Transport, Aerospace, Manufacturing, Atmosphere, Marketing, Embraer, Economics, Multimedia, TSA, Airport, DOT, Starlink, City, Transportation Security Administration, Air travel, Aircraft, Freedom, Aero, COVID-19, Part, Investment, Heart Aerospace, Carbon, Aviation, DHS, JSX, Federal Aviation Administration, Airline

“As the network airlines order ever-larger aircraft it is inevitable that more and more small markets will be abandoned.

Key Points: 
  • “As the network airlines order ever-larger aircraft it is inevitable that more and more small markets will be abandoned.
  • “Era, our low-carbon aircraft, provides the performance required for JSX to bring air connectivity to more local communities.
  • JSX plans to roll out these new aircraft as early as 2028, offering point-to-point mobility on state-of-the-art hybrid-electric aircraft in an exciting step forward for regional air travel.
  • JSX currently operates 48 Embraer E145 family aircraft, each configured to offer 30 seats, and employs over 1,200 crewmembers.

Heart Aerospace and US charter carrier JSX sign LOI for up to 100 ES-30 airplanes

Retrieved on: 
Tuesday, December 19, 2023
Letter, Heart Aerospace, Transport, Economics, LOI, JSX, Movement, Heart, Environment, Airline

JSX, which was launched in 2016, is now the biggest public charter carrier in the US, operating point-to-point flights to 24 destinations.

Key Points: 
  • JSX, which was launched in 2016, is now the biggest public charter carrier in the US, operating point-to-point flights to 24 destinations.
  • "We're really excited to be part of JSX commitment toward sustainable regional air travel," said Simon Newitt, President and Chief Commercial Officer at Heart Aerospace.
  • Heart Aerospace now has a total of 250 firm orders for the ES-30, with options and purchase rights for an additional 120 planes.
  • Including the LOI from JSX, the company also has letters of intent for a further 191 airplanes.

Heart Aerospace and US charter carrier JSX sign LOI for up to 100 ES-30 airplanes

Retrieved on: 
Tuesday, December 19, 2023
Letter, Heart Aerospace, Transport, Economics, LOI, JSX, Movement, Heart, Environment, Airline

JSX, which was launched in 2016, is now the biggest public charter carrier in the US, operating point-to-point flights to 24 destinations.

Key Points: 
  • JSX, which was launched in 2016, is now the biggest public charter carrier in the US, operating point-to-point flights to 24 destinations.
  • "We're really excited to be part of JSX commitment toward sustainable regional air travel," said Simon Newitt, President and Chief Commercial Officer at Heart Aerospace.
  • Heart Aerospace now has a total of 250 firm orders for the ES-30, with options and purchase rights for an additional 120 planes.
  • Including the LOI from JSX, the company also has letters of intent for a further 191 airplanes.

Air Canada to Acquire 18 Boeing 787-10 Dreamliner Aircraft under ongoing Fleet Renewal and Fuel Efficiency Drive

Retrieved on: 
Monday, September 25, 2023
Canada, XLR, Air Canada, Acquisition, Atmosphere of Earth, Air Canada Rouge, Airbus A220, Airbus, Heart Aerospace, Growth, Boeing 787 Dreamliner, Aircraft, Airline, Boeing

Firm order for 18 aircraft and 12 options; first delivery scheduled for late 2025

Key Points: 
  • Firm order for 18 aircraft and 12 options; first delivery scheduled for late 2025
    MONTREAL, Sept. 25, 2023 /CNW/ - Air Canada today said it has placed a firm order with The Boeing Company for 18 Boeing 787-10 Dreamliner aircraft.
  • They will be used to replace older, less efficient wide-body aircraft currently in the Air Canada fleet.
  • The agreement also includes options for another 12 Boeing 787-10 aircraft, which will provide flexibility for growth to meet future customer demand.
  • In total, Air Canada currently operates approximately 240 aircraft in its mainline and Air Canada Rouge fleet.

HONEYWELL, HEART AEROSPACE TO COLLABORATE ON FLIGHT CONTROLS FOR ES-30 ELECTRIC AIRPLANE

Retrieved on: 
Monday, September 11, 2023
Honeywell Aerospace, Heart, Honeywell, Heart Aerospace, Air travel, Risk, Airline, Jet fuel

PHOENIX, Sept. 11, 2023 /PRNewswire/ -- Swedish electric airplane maker Heart Aerospace and Honeywell, a leader in aerospace technology, have announced a collaboration to integrate Honeywell's next-generation flight control system into the new ES-30 regional electric airplane.

Key Points: 
  • PHOENIX, Sept. 11, 2023 /PRNewswire/ -- Swedish electric airplane maker Heart Aerospace and Honeywell, a leader in aerospace technology, have announced a collaboration to integrate Honeywell's next-generation flight control system into the new ES-30 regional electric airplane.
  • With its long track record in flight controls, they are an ideal collaboration partner for Heart Aerospace as we strive to decarbonize air travel before the end of this decade," said Anders Forslund, co-founder and CEO of Heart Aerospace.
  • "Honeywell's flight controls provide the ideal solution for Heart's mission to revitalize and electrify the regional transport market," said Vipul Gupta, President, Electronic Solutions, Honeywell Aerospace.
  • The ES-30 is a regional electric airplane with a 30-passenger standard seating capacity and is driven by electric motors powered by batteries.

BAE Systems and Heart Aerospace to collaborate on battery for electric airplane

Retrieved on: 
Thursday, March 30, 2023
Defense, Aerospace, Manufacturing, Alternative Energy, Energy, Other Defense, Heart Aerospace, Control, Travel, BAE, Transport, Letter, Credit, Multimedia, Safety, BAE Systems, Airline, Rail transport

BAE Systems, a leading aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.

Key Points: 
  • BAE Systems, a leading aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.
  • View the full release here: https://www.businesswire.com/news/home/20230330005444/en/
    BAE Systems and Heart Aerospace announced a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.
  • “We are delighted to collaborate with Heart Aerospace on the innovative battery system for its electric airplane.”
    The program will leverage more than 25 years of BAE Systems’ expertise in electrifying large, heavy-duty industrial vehicles.
  • Heart Aerospace has a total of 230 orders and 100 options for the ES-30, along with letter of intent for an additional 108 airplanes.

BAE Systems and Heart Aerospace to Collaborate on Battery for Electric Airplane

Retrieved on: 
Thursday, March 30, 2023
Technology, EV, Electric Vehicles, Automotive, Air, Engineering, Transport, Aerospace, Manufacturing, Batteries, Heart Aerospace, Control, Travel, BAE, Letter, Multimedia, Safety, BAE Systems, Airline, Rail transport

BAE Systems, a leading aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.

Key Points: 
  • BAE Systems, a leading aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.
  • View the full release here: https://www.businesswire.com/news/home/20230330005144/en/
    Heart Aerospace ES-30 regional electric airplane (Photo: Business Wire)
    The battery will be the first-of-its-kind to be integrated into an electric conventional takeoff and landing (eCTOL) regional aircraft, allowing it to efficiently operate with zero emissions and low noise.
  • “We are delighted to collaborate with Heart Aerospace on the innovative battery system for its electric airplane.”
    The program will leverage more than 25 years of BAE Systems’ expertise in electrifying large, heavy-duty industrial vehicles.
  • Heart Aerospace has a total of 230 orders and 100 options for the ES-30, along with letter of intent for an additional 108 airplanes.