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DateInvestorsAmountRound
-

N/A

-
N/A

$750k

Angel
N/A

$2.6m

Seed

$20.0k

Grant
N/A

N/A

Seed

€50.0k

Grant
*

N/A

-
N/A

N/A

Angel

N/A

Series A

$5.6m

Series A
*

$9.0m

Grant
Total Funding$18.0m

Recent News about Ampaire

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Ampaire is a pioneering company in the electrification of air travel, focusing on hybrid electric aircraft technology. The company serves a diverse range of clients including airlines, cargo operators, and underserved communities, aiming to make air travel more frequent, convenient, and affordable. Operating in the global aviation market, Ampaire's business model revolves around developing and deploying its proprietary AmpDrive system, which significantly lowers fuel and maintenance costs while reducing noise pollution. The company generates revenue through the sale and licensing of its hybrid electric propulsion systems, as well as through partnerships and collaborative projects with notable institutions. With over 27,000 miles flown and a 100% safety record, Ampaire is positioned as a leader in sustainable aviation, unlocking massive market opportunities and driving the industry towards a cleaner, more efficient future.

Keywords: hybrid electric aircraft, sustainable aviation, AmpDrive system, fuel reduction, noise reduction, maintenance savings, underserved communities, global aviation market, safety record, market leader.

Tech stack

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Investments by Ampaire

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Talyn Air
ACQUISITION by Ampaire Jul 2023
Magpie aviation
ACQUISITION by Ampaire Apr 2024