Heart Aerospace raises $35 million Series A with ES-19 purchase orders
Heart Aerospace raised a $35 million Series A led by Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group, alongside purchase orders for 200 ES-19 aircraft.
Evidence notes
- Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group led the $35 million Series A, with EQT Ventures and Lowercarbon Capital participating.
- United and Mesa placed purchase orders, subject to terms, for 200 ES-19 aircraft with options for another 100 planes.
- Heart described the ES-19 as a 19-passenger electric regional aircraft built around an electric propulsion system demonstrated in 2020.
Company context
Heart Aerospace develops hybrid-electric regional aircraft and propulsion systems for short-haul aviation.