Crowdfunding a 19 seater commercial electric aircraft

Crowdfunding a 19 seater commercial electric aircraft

Business news |
By Nick Flaherty

Cette publication existe aussi en Français

French electric aircraft developer Aura Aero is raising funds for its 19 seater aircraft on a crowdfunding site.

Aura Aero is looking for €500,000, or 0.2% of its €266m valuation, from crowdfunding to boost the detailed design phase of its 19 seater commercial electric regional aircraft (ERA), which will cost $800m. The company has already secured pre-orders for 472 ERA aircraft worth over $7bn.

Electric aircraft partnership in France

The company has already developed a 2-seater electric aircraft called INTEGRAL which is providing useful feedback for the ERA development.

The company has already raised €460,000 from 44 investors in the first three days on CrowdCube, and is also backed by the Occitanie Region, the BPI (French Public Investment Bank) and venture capital firm Innovacom.

CrowdCube has previously been used by QPT for its GaN motor drive control technology and Nanusens for its MEMS sensor technology.


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