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Heart Aerospace

Heart Aerospace

Heart Aerospace is an electric airplane company based in Gothenburg, Sweden. Founded in Gothenburg, Sweden, in 2018, the company is a spin-off from the Elise research program funded by the Swedish Government through the Swedish Innovation Agency Vinnova. Heart participated in the Y combinator startup accelerator in 2019 and closed its seed round in 2019 with lead investments from EQT Ventures and Norrsken Foundation. In 2021, United Airlines and Mesa Airlines made a purchase order for 200 ES-19 aircraft with an option for an additional 100 aircraft. The airlines also made large investments in the company, and in conjunction with the order, Heart Aerospace announced the closing of its Series A round, led by Breakthrough Energy Ventures. Heart Aerospace is one of the founding members of the Nordic Network for Electric Aviation, together with airlines, airport operators and other stakeholders across the Nordic countries. In 2020, Heart was awarded a €2.5M grant from the European Investment Council as part of the European Green Deal.

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About Heart Aerospace

Founded

2018

Estimated Revenue

$10M-$50M

Employees

11-50

Funding / Mkt. Cap

$40M

Category

Sector

Industrials

Industry Group

Capital Goods

Industry

Aviation & Aerospace

Location

City

Goeteborg

State

Vaestra Goetaland

Country

Sweden

Tech Stack (54)

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