To begin the pre-production and certification phase of the EL9, the first ultra-short-haul aircraft capable of taking off and landing in 45 meters, approximately 10% of the space required for traditional aircraft of similar size.

The funding round was led by Prysm Capital, and Jay Park, Prysm’s co-founder and managing partner, has joined Electra’s board of directors.

“We are pleased to welcome Jay and Prysm to the Electra family,” said John Langford, Chairman of the Board of Directors at Electra. “They have already become an indispensable partner and advisor in our transition from prototype to final product with the EL9.”

Source and Credits to electra.aero

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