Wright Electric
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$40.0k | Grant | ||
$40.0k | Grant | ||
N/A | Seed | ||
N/A | N/A | Seed | |
N/A | N/A | Convertible | |
N/A | $120k | Seed | |
N/A | N/A | Seed | |
N/A | Early VC | ||
N/A | N/A | Seed | |
$2.0m | Grant | ||
$650k | Grant | ||
$50.0k | Grant | ||
* | $3.3m | Grant | |
Total Funding | $6.2m |
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Recent News about Wright Electric
EditWright Electric is an innovative company focused on revolutionizing the aviation industry by developing fully electric commercial airplanes. The company aims to significantly reduce carbon emissions and environmental impact through advanced technologies such as swappable battery packs and distributed propulsion systems. Wright Electric collaborates with leading airlines, including EasyJet, to bring sustainable air travel to the market within the next decade. The company serves commercial airlines and operates in the aerospace and environmental sustainability markets. Wright Electric's business model involves designing and manufacturing electric aircraft, which are then sold or leased to airlines. Revenue is generated through aircraft sales, leasing agreements, and potential maintenance services. By offering a cleaner, quieter, and more cost-effective alternative to traditional aviation, Wright Electric is positioned to lead the transition to sustainable air travel.
Keywords: electric aircraft, carbon emissions, swappable batteries, distributed propulsion, sustainable aviation, commercial airlines, aerospace, environmental sustainability, aircraft leasing, aviation innovation.