Wright Electric is a U.S.-based startup with a clear and ambitious mission to revolutionize the aviation industry. With the slogan "Startup company aimed at reducing aircraft emissions. Our goal is to make all short-haul flights zero-emissions," they are focused on developing zero-emissions commercial aircraft. The flagship product, Wright Spirit, is set to enter service in 2026, retrofitting BAe 146 aircraft with a megawatt-class electric propulsion system for one-hour flights. In 2030, the company plans to introduce Wright 1, a 186-seat airliner with an 800-mile range. Last year, the company received a $647.00K grant investment from the US Department of Energy, indicating support for their innovative approach to reducing emissions in the aviation sector.
Wright Electric
Startup company aimed at reducing aircraft emissions. Our goal is to make all short-haul flights zero-emissions.
Malta, United States
38 employees
Grant
Total: $807.00K
Manufacturing, Space +1
General Information
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United States Market
Manufacturing
About Wright Electric
Taxonomy: Aircraft emissions, Zero-emissions, Electric propulsion system, Commercial airplanes, Megawatt-class electric propulsion, BAe 146 retrofit, Wright Spirit, Wright 1, 186-seat airliner, 800-mile range, Y Combinator, Clean Energy Trust, Venture funds, DOE ARPA-E funding, Green energy
Funding Rounds & Investors (7)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Grant | •••••• | 1 | •••• •••• | 28 Aug 2020 |
| Seed Round | •••••• | 1 |
|
25 Jan 2019 |
| Seed Round | •••••• | - | 01 Jan 2018 | |
| Seed Round | •••••• | 2 |
|
20 May 2017 |
| Convertible Note | •••••• | 2 |
|
27 Mar 2017 |
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