Heart Aerospace
Heart Aerospace develops the ES-30, a 30-seat hybrid-electric regional aircraft for short-haul commercial routes. Now U.S.-headquartered after relocating from Sweden, the company sells aircraft directly to airlines and holds 250 firm orders ahead of its targeted 2031 type certification.
- Company typePrivate
- Founded2019
- HeadquartersGöteborg, Sweden
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Heart Aerospace does
Heart Aerospace is developing the ES-30, a clean-sheet 30-seat hybrid-electric regional aircraft designed for short-haul commercial routes under 500 miles, with 125 miles of zero-emission all-electric range and 500 miles of hybrid range using backup generators. The propulsion architecture combines four electric motors with BAE Systems-designed batteries and a proprietary Hybrid Propulsion Automated Control System (HPACS) that automates power management across electric and combustion sources, packaged inside a novel wing-centered nacelle design (covered by two EU design applications and one patent application) that allows operation on runways as short as 3,609 feet. The business model is direct enterprise B2B sales of the ES-30 to airline customers under quote-based contracts, with an order book of 250 firm orders, 120 options, and 191 letters of intent anchored by strategic investor-customers United Airlines, Air Canada, Mesa Air Group, Loganair, and AirAsia (the latter on the Industry Advisory Board). The company is pre-revenue and pre-certification — ES-30 type certification is targeted for 2031, with the Heart X1 demonstrator scheduled for first flight in Q2 2026 — and is funded primarily by venture capital and strategic airline equity (approximately $190M disclosed) rather than product sales. Heart was founded in Gothenburg, Sweden in 2018, joined Y Combinator's W19 batch, and relocated its corporate headquarters to Torrance/Los Angeles, California in April 2025, where it now operates the Los Angeles Pilot Plant (LAPP) pre-production facility, an Oxnard propulsion test site, and a Plattsburgh, NY flight test base.
Heart Aerospace firmographics
Firmographics- Name
- Heart Aerospace
- Legal name
- Heart Aerospace
- Website
- https://heartaerospace.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Heart Aerospace develops the ES-30, a 30-seat hybrid-electric regional aircraft for short-haul commercial routes. Now U.S.-headquartered after relocating from Sweden, the company sells aircraft directly to airlines and holds 250 firm orders ahead of its targeted 2031 type certification.
- Ownership category
- akta.pro rank
Heart Aerospace industry classification
Industry- Product category
- Electric Regional Aircraft
- NAICS
- Aircraft Manufacturing (336411), Aerospace Product and Parts Manufacturing (33641), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
- SIC
- Aircraft (3721), Aircraft & Parts (3720)
- akta.pro primary industry
- Regional & Commuter Aircraft Manufacturing (IMABAAAD)
- akta.pro secondary industries
- Electric & Hybrid-Electric Propulsion (eVTOL/Regional) (IMABADAH), Commercial Aircraft Manufacturing (Fixed-Wing) (IMABAAAA)
Keywords
Where Heart Aerospace is headquartered
LocationHeadquarters
- HQ city
- Göteborg
- HQ country
- Sweden
- HQ region
- Europe
Offices5 records
Markets served
Heart Aerospace business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Aircraft Sales: Sale of hybrid-electric regional aircraft (ES-30) to airline customers. Revenue from initial aircraft delivery with potential for follow-on orders from airline fleets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels10 records
Heart Aerospace product offering
Product offeringCore offering
Heart Aerospace designs, develops, and manufactures hybrid-electric regional aircraft, with its core product being the ES-30 — a clean-sheet 30-seat regional airliner offering 125-mile all-electric range, 500-mile hybrid range, single-pilot capability, and operations on runways as short as 3,609 feet. The company pairs the production aircraft program with technology demonstrators (Heart X1 and Heart X2) and sells aircraft, plus associated services, directly to airline customers worldwide under a B2B enterprise sales model.
Product overview
Heart Aerospace is developing a portfolio of hybrid-electric regional aircraft centered on the ES-30, a 30-seat clean-sheet aircraft with both all-electric (125mi) and hybrid (500mi) range capabilities. The development program includes X1 as a full-scale all-electric demonstrator and X2 as the hybrid-electric pre-production prototype. The company also developed earlier ES-19 concepts and holds patents for innovative nacelle integration designs. All aircraft are designed to operate from shorter runways with significantly lower operating costs than conventional regional aircraft, targeting commercial service entry in 2031.
Differentiator
Problem solved
Functional benefit
Brands
- ES-30: A clean-sheet hybrid-electric regional aircraft designed to lower the cost of regional air travel. 30-passenger capacity, 125-mile all-electric range, 500-mile hybrid range, targeted for type certification in 2031.
- Heart X1
- Heart X2
Products and services
- ES-30 A clean-sheet 30-seat hybrid-electric regional aircraft with 125-mile all-electric range and 500-mile hybrid range, four electric motors, single-pilot capable from entry into service, designed to lower direct operating costs by 40%+ versus comparable regional jets, operates from runways as short as 3,609 feet, and is targeted for EASA type certification by 2031. Sold to airline customers under a quote-based B2B model.
- Heart X1 A full-scale all-electric regional aircraft technology demonstrator with 106 ft wingspan and 75.5 ft length, featuring 100% battery-electric propulsion and a cruise speed of 110 kts. Used as the validation platform for the ES-30 program; first flight planned for Q2 2026 at the Plattsburgh International Airport (KPBG) test base.
- Heart X2 Pre-production prototype of the ES-30 building on Heart X1 learnings, scheduled for hybrid-electric flight in 2026 to demonstrate the Independent Hybrid propulsion system and further mature design and production methods toward ES-30 type certification.
- ES-19 Original 19-passenger fully electric regional aircraft concept. Development was transitioned to the larger ES-30 as the production aircraft. United Airlines and Mesa Air Group placed combined purchase orders for 200 ES-19 aircraft with options for 100 additional.
Quantifiable outcome
- 40%+ reduction in direct operating costs vs current regional aircraft
- +4 more outcomes
Companies that use Heart Aerospace
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Heart Aerospace technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Heart Aerospace partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and minor.
- LoganairflagshipExclusive partnership with UK's largest regional airline to advance hybrid-electric aviation. Collaboration on use cases for ES-30 within Loganair's Scottish and UK network. Loganair joined Industry Advisory Board.
- Region GotlandcoreCollaboration agreement to speed up introduction of sustainable air travel to Gotland island. Region committed to having operator flying commercially with electric aircraft.
- AirAsiacoreFourth largest airline in Asia joined Industry Advisory Board to provide strategic guidance on ES-30 design, development, and commercialisation.
- Braathens Regional AirlinescorePartner in ELISE research project for ground support procedure tests. Sweden's largest domestic airline by routes, committed to fossil-free flights.
- SAScorePartner in ELISE research project for electric aircraft ground procedures. Scandinavia's leading airline gaining insights into electric aviation.
- SwedaviacoreAirport operator partner in ELISE project. World leader in operating airports with least environmental impact; fossil-free operations since 2020.
- NorthvoltminorSwedish battery manufacturer participating in ELISE consortium for electric aviation infrastructure development.
- Åland GovernmentminorAutonomous region in Finland partnered with Heart Aerospace for sustainable aviation similar to Gotland collaboration.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
Heart Aerospace competitors and assessment
Company assessmentDirect peers
- Eviation Aircraft: Developer of the Alice, a fixed-wing all-electric commuter aircraft (9-passenger). Eviation is the most direct analog to Heart Aerospace in the electric fixed-wing regional aircraft category, pursuing a similar certification and airline-order-led model.
- ZeroAvia: Hydrogen-electric powertrain developer targeting 9–80 seat regional aircraft retrofits. ZeroAvia is a direct competitor in regional zero-emission propulsion, sharing airline customers and pursuing similar regulatory pathways (FAA, CAA, EASA).
- magniX: Electric propulsion system manufacturer powering Eviation Alice and other retrofit programs. magniX is a direct peer as a foundational supplier of electric motors to the electric regional aviation category.
- Universal Hydrogen: Hydrogen fuel cell propulsion developer for regional aircraft (ATR 72 / Dash 8 conversions). Universal Hydrogen competes for the same regional-aviation decarbonization narrative with an alternative powertrain approach.
- Wright Electric: Developer of electric propulsion systems for commercial aircraft, targeting narrowbody-sized platforms with the Wright Spirit program. Competes with Heart in the electric propulsion category and pursues similar airline partnerships.
Broad incumbents
- ATR: Joint venture of Airbus and Leonardo; manufacturer of the ATR 42/72 turboprops that dominate the 50-seat regional market. ATR is the dominant incumbent Heart Aerospace aims to displace with a zero-emission alternative.
- Embraer: Manufacturer of regional jets (E-Jets family) and the Eve eVTOL. Embraer's installed regional airline base and engineering scale make it the most credible incumbent to launch a hybrid-electric regional platform if Heart's lead extends.
- De Havilland Canada: Manufacturer of the Dash 8-400 turboprop, a direct competitor in 70-seat+ regional aviation. Represents the established short-takeoff-and-landing turboprop category Heart's ES-30 is designed to electrify.
Emerging players
- Joby Aviation: eVTOL air-taxi developer pursuing type certification with FAA. While not a fixed-wing regional competitor, Joby is a peer in the electric aviation investment narrative and shares the same capital-intensive, certification-led path to revenue.
- Pipistrel (Textron eAviation): Slovenian electric aircraft manufacturer (Velis Electro trainer) acquired by Textron. Pipistrel is an emerging peer in electric fixed-wing aviation, focused on smaller training and light-sport platforms rather than 30-seat regional.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Heart Aerospace social profiles
Digital presenceHeart Aerospace compliance and trust
Trust signalCompliance2 records
Heart Aerospace financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heart Aerospace leadership team
Management profileNumber of profiles
Profiles8 records
Heart Aerospace funding detail
Funding detailFunding overview
Funding rounds7 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Heart Aerospace M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Heart Aerospace
What does Heart Aerospace do?
Heart Aerospace designs, develops, and manufactures hybrid-electric regional aircraft, with its core product being the ES-30 — a clean-sheet 30-seat regional airliner offering 125-mile all-electric range, 500-mile hybrid range, single-pilot capability, and operations on runways as short as 3,609 feet. The company pairs the production aircraft program with technology demonstrators (Heart X1 and Heart X2) and sells aircraft, plus associated services, directly to airline customers worldwide under a B2B enterprise sales model.
Is Heart Aerospace a public or private company?
Heart Aerospace is a private company. It is classified as venture growth investor backed and is currently operating.
When was Heart Aerospace founded?
Heart Aerospace was founded in 2019. It employs 51 to 100 people.
Where is Heart Aerospace based?
Heart Aerospace is headquartered in Göteborg, Sweden, in the Europe region.
How does Heart Aerospace make money?
One revenue line is on record: aircraft Sales.
Who are Heart Aerospace's main competitors?
Direct peers on record are Eviation Aircraft, ZeroAvia, magniX, Universal Hydrogen and Wright Electric. Broad incumbents are ATR, Embraer and De Havilland Canada. Emerging players are Joby Aviation and Pipistrel (Textron eAviation).
Does Heart Aerospace have an API?
No public API is recorded for Heart Aerospace.
What industry is Heart Aerospace in?
Heart Aerospace's product category is Electric Regional Aircraft. Its primary akta.pro industry code is IMABAAAD, Regional & Commuter Aircraft Manufacturing, with a secondary code of IMABADAH, Electric & Hybrid-Electric Propulsion (eVTOL/Regional). Its NAICS code is 336411 and its SIC code is 3721.