Springfield, Ohio — According to state and local development sources, Electra plans to invest $850 Million to expand in Springfield. The company is creating 1,975 new jobs at this facility. The company plans to occupy the new space in Springfield, on or about June 1, 2028. According to the company website, Electra builds aircraft that bring air travel closer to where we live, work, and play. Our journey begins with Ultra Short aircraft designed to make regional air mobility more accessible. Our Ultra Short aircraft uses patented blown-lift technology to take off and land in lengths as short as 150 ft, providing operational flexibility comparable to a helicopter yet with the improved safety and the economics of a fixed-wing aircraft. The hybrid-electric propulsion system gives operators maximum flexibility to optimize the choice of energy use, with electric power for clean, quiet operations near populated areas, low to no fuel burn on shorter routes, and a hybrid mix to fly longer routes and comply with regulatory fuel reserve requirements. What is ultra short Electras Ultra Short technology combines the best of aviation, enabling takeoff and landing in incredibly short distances, to go where today only helicopters can go, without compromising on speed or range. Yet safer and quieter.

To learn more, visit https://electra.aero/

Company Contact:
Electra
10761 James Payne Court
Manassas, VA20110
Phone: 703-479-7870
LinkedIn Link: https://www.linkedin.com/company/electra-aero/

SOURCE: http://www.intelligence360.io
Copyright (c) 2026 SI360 Inc. All rights reserved.