What Happened
French Startup Ends Hybrid Electric Project Amid Liquidation
Aura Aero has acquired most of the assets of VoltAero, a startup that aimed to develop small hybrid-electric aircraft for business and regional transport. VoltAero is nearing liquidation, marking the end of its hybrid-electric project. Aura Aero, which manufactures the Integral two-seaters and is developing the hybrid-electric ERA 19-seater, may leverage the acquired assets to enhance its own electric propulsion capabilities. The acquisition was reported by Aviation Week.