
Electra on Thursday said that the Air Force’s AFWERX program has selected it for a Strategic Funding Increase award. This award secures up to $85 million for Electra to continue developing a full-scale pre-production prototype of its electric short take-off and landing (eSTOL) aircraft. The funding will come from private investments, government contributions, and matching SBIR (Small Business Innovation Research) funding. The Air Force will be able to use the prototype for validating requirements and operational use cases. Small eSTOL…