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Saab Picks Minority Shareholding in Swedish Electric Aircraft Maker,
Heart Aerospace
- Defensemirror.com Bureau
- 08:07 AM, September 16, 2022
Saab has committed to becoming a minority shareholder in the Swedish electric aircraft manufacturer Heart Aerospace with a $5 million investment.
Saab and Heart Aerospace
have also signed a collaboration agreement regarding the supply of subsystems
and the exploration of further areas of collaboration, including certification
and manufacturing. This is in line with Saab’s ambition to support the transition
to sustainable aviation.
Heart Aerospace develops
the ES-30, a regional electric airplane with a standard seating capacity of 30
passengers powered by batteries, allowing it to operate with low noise and with
zero emissions.
Other Heart Aerospace
investors include Breakthrough Energy Ventures, EQT Ventures, European
Investment Council, Lower Carbon Capital, Mesa Air Group, United Airlines
Ventures and Air Canada.
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