Heart Aerospace
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| Company type | Private |
|---|---|
| Industry | Aircraft manufacturing |
| Founded | 2019 |
| Founder |
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| Headquarters | Gothenburg, Sweden |
Key people | John S. Slattery (Chairman) Anders Forslund (Founder CEO) Simon Newitt (President & CCO) Kiara Fourslund (Co-Founder & CBO) |
Number of employees | 130 (2022) |
| Website | heartaerospace |
Company
[edit]Heart Aerospace is a Gothenburg, Sweden, based aerospace company, developing a 30-seat hybrid-electric regional airplane. The company also has a Research and Development hub, in Los Angeles, USA. [1]
Heart Aerospace was founded in 2019 by Anders and Klara Forslund and by 2024 it had 100 employees. [2]
Product
[edit]Heart Aerospace is developing the ES-30, a 30-seat hybrid-electric regional airplane, which promises to deliver unparalleled sustainability and efficiency on short-haul routes. With an electric zero-emission range of 200 kilometers and an extended hybrid range of 400 kilometers it will dramatically reduce Co2 emissions from short-haul flights. A range of 800 km could be possible if only 25 passengers are carried.[3]
Heart is targeting type certification of the ES-30 by the end of the decade, but already in 2024, the company revealed its first full-scale demonstrator airplane, Heart Experimental 1 (Heart X1). Heart X1 is scheduled to undertake a fully electric first flight in the second quarter of 2025. [4]
Heart’s next step in developing the ES-30 is the building of a pre-production prototype, Heart X2, which will further mature the design based on lessons learned from the Heart X1.[5]
The Heart X2 is scheduled for a hybrid-electric flight in 2026 and will demonstrate the company’s Independent Hybrid propulsion system.[6][7]
History
[edit]Heart Aerospace, headquartered in Gothenburg, Sweden was founded in 2019 by Anders and Klara Forslund. [8]
In 2021, the company raised a $35M in a Series A round led by Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group Inc. In addition, Heart’s seed investors EQT Ventures and Lowercarbon Capital, participated in the round. [9]
In September 2022, Air Canada and Saab each invested $5 million in Heart Aerospace. In addition to its investment, Air Canada also placed a purchase order for 30 ES-30 aircraft. [10]
In 2024, the company raised a total of $107 million in Series B funding, bringing the total financing raised by Heart Aerospace since its inception to $145 million. Among new investors were Sagitta Ventures, a Danish investor focused on early-stage companies. Other investors included Air Canada, Breakthrough Energy Ventures, European Innovation Council Fund, EQT Ventures, Lowercarbon Capital, Norrsken VC, United Airlines, and Y Combinator. [11]
In May 2024, the company announced the opening of a new Research and Development hub in the United States.[12]
Heart Aerospace has a total of 250 firm orders for the ES-30, with options and purchase rights for an additional 120 planes.United Airlines and Mesa Airlines have each placed an order for 100 airplanes with an option for an additional 50 planes. Air Canada has placed an order for 30 ES-30 airplanes and Swedish leasing company Rockton has placed an order for 20 place with an option for an additional 20 planes. The company also has letters of intent for a further 191 airplanes. [13][14][15]
References
[edit]- ^ Editor, Charles Alcock • Managing. "Heart Sets Up U.S. R&D Hub for ES-30 Hybrid-electric Regional Airliner | AIN". Aviation International News. Retrieved 18 November 2024.
{{cite web}}:|last=has generic name (help) - ^ Constine, Josh (19 March 2019). "The top 10 startups from Y Combinator W19 Demo Day 1". TechCrunch. Retrieved 18 November 2024.
- ^ Perry2024-05-15T13:00:00+01:00, Dominic. "Heart reveals ES-30 redesign as it switches to off-the-shelf hybrid powertrain". Flight Global. Retrieved 18 November 2024.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "Heart Aerospace Plans To Use The X1 As An ES-30 Development Tool | Aviation Week Network". aviationweek.com. Retrieved 18 November 2024.
- ^ "Heart Aerospace Plans To Use The X1 As An ES-30 Development Tool | Aviation Week Network". aviationweek.com. Retrieved 18 November 2024.
- ^ "Heart Aerospace Plans To Use The X1 As An ES-30 Development Tool | Aviation Week Network". aviationweek.com. Retrieved 18 November 2024.
- ^ Perry2024-05-15T13:00:00+01:00, Dominic. "Heart reveals ES-30 redesign as it switches to off-the-shelf hybrid powertrain". Flight Global. Retrieved 18 November 2024.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Constine, Josh (19 March 2019). "The top 10 startups from Y Combinator W19 Demo Day 1". TechCrunch. Retrieved 18 November 2024.
- ^ Alamalhodaei, Aria (13 July 2021). "Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft". TechCrunch. Retrieved 18 November 2024.
- ^ Perry, Dominic; Gothenburg2022-09-15T12:01:00+01:00. "Sweden's Heart Aerospace scales up to develop 30-seat hybrid-electric ES-30". Flight Global. Retrieved 18 November 2024.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Billing, Mimi (1 February 2024). "Bill Gates-backed electric plane startup Heart Aerospace flies high with $107m raise". sifted.eu.
- ^ "Heart Aerospace expands with new US R&D hub and CTO appointment". www.techarenan.news (in Swedish). 17 May 2024. Retrieved 18 November 2024.
- ^ Alamalhodaei, Aria (13 July 2021). "Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft". TechCrunch. Retrieved 18 November 2024.
- ^ "Rockton to purchase 40 green aircraft from Heart Aerospace". www.techarenan.news (in Swedish). 15 May 2023. Retrieved 18 November 2024.
- ^ Orban, André (23 December 2023). "Heart Aerospace and US charter carrier JSX sign LOI for 50 hybrid ES-30 aeroplanes with an option for 50 more". Aviation24.be. Retrieved 18 November 2024.