What is Heart Aerospace?
Heart Aerospace is a pioneering force in the aerospace industry, dedicated to the electrification of regional air travel. Its core product, the ES-30 aircraft, is engineered to eliminate CO2 emissions on short-haul routes while offering superior operating economics compared to traditional combustion-engine planes. The aircraft's design, which features short-runway capabilities and reduced noise profiles, enables airlines to unlock new, sustainable route opportunities from smaller regional airports. By focusing on cost-effective, environmentally conscious solutions, Heart Aerospace is effectively bridging the gap between current aviation limitations and the future of sustainable, high-frequency regional connectivity.
How much funding has Heart Aerospace raised?
Heart Aerospace has raised a total of $142M across 2 funding rounds:
Series A
$35M
Series B
$107M
Series A (2021): $35M with participation from Energy Ventures and Mesa
Series B (2024): $107M led by SAGITTA Group, Air Canada, Norrsken Vc, Lowercarbon Capital, The European Innovation Council, United Airlines, Y Combinator, and Breakthrough Energy Ventures
Key Investors in Heart Aerospace
Breakthrough Energy Ventures
A mission-driven investment firm backed by global business leaders, focusing on transformative clean energy innovations that significantly reduce emissions across key sectors.
Air Canada
Canada's largest airline and a major provider of passenger services, actively investing in sustainable aviation technologies to modernize its fleet and reduce environmental impact.
United Airlines
A major global airline operator with an extensive route network, committed to investing in cutting-edge aerospace solutions to achieve long-term sustainability goals.
What's next for Heart Aerospace?
With the recent influx of capital, Heart Aerospace is poised to transition from the design and prototyping phase into more rigorous testing and industrialization. The company's strategic roadmap involves scaling its manufacturing capabilities to meet the growing demand from major airline partners seeking to meet net-zero targets. As the aviation sector faces increasing pressure to reduce its carbon footprint, Heart Aerospace's ability to deliver a viable, low-noise, and low-cost electric aircraft will be instrumental in reshaping regional transport networks. Future growth will likely focus on supply chain optimization and securing the necessary regulatory certifications to bring the ES-30 into active commercial service.
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