Maeve Aerospace
Maeve Aerospace was a Dutch aerospace startup (founded 2021, Delft) developing the MAEVE Jet (MJ 500), a hybrid-electric 76-100 seat regional aircraft targeting 40% fuel reduction for airline fleet modernization. The company entered bankruptcy in May 2025 after failing to raise development capital.
- Company typePrivate
- Founded2021
- HeadquartersDelft, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Maeve Aerospace does
Maeve Aerospace B.V. was a Dutch aerospace startup founded in 2021 (per company history; firmographics list 2020) and headquartered in Delft, Netherlands, with an engineering subsidiary (Maeve Aerospace GmbH) at Oberpfaffenhofen Airport near Munich, Germany. The company developed the MAEVE Jet (MJ 500), a hybrid-electric regional aircraft targeting 76-100 passengers in single-, dual-, or three-class configurations, with a maximum takeoff weight of 34,000 kg, a cruise speed of 0.75 Mach, a range of up to 2,685 km with 76 passengers, and a 1,500 m takeoff field length. The aircraft architecture centered on two hybrid-electric powerplants equipped with proprietary Rotor Swirl Recovery Vanes, a high aspect ratio wing, and a low wing configuration, developed in collaboration with Pratt & Whitney Canada. Maeve claimed a 40% reduction in fuel consumption using conventional jet fuel and up to 95% emissions reduction when operating with Sustainable Aviation Fuel (SAF), with a target fuel burn of 2.25 liters per passenger per 100 km.
The company's business model was to operate as a regional aircraft OEM selling directly to airline operators, primarily regional carriers seeking to replace aging CRJ/ERJ fleets with more fuel-efficient airframes. Maeve pursued an enterprise sales motion targeting flagship airline partners: SkyWest was secured as exclusive launch customer with a strategic equity investment in September 2025, Delta Air Lines partnered through its Sustainable Skies Lab initiative targeting ~2033 entry-into-service, and Japan Airlines/JALEC signed an MoU in June 2025 to shape the rear-engined 90-seat open-rotor configuration. Industrial partnerships with Pratt & Whitney Canada (July 2024) for propulsion and MHI RJ Aviation Group (November 2024) for sustainability/MRO collaboration rounded out the development stack. The program was estimated to require approximately €2 billion to reach production, and the company collapsed after failing to raise the €20 million needed for its next development stage; a Dutch court declared Maeve Aerospace and its parent company Green Transition Alliance bankrupt on May 28, 2025, terminating all airline agreements and triggering the departure of key engineering talent to MHIRJ's new Munich office.
Maeve Aerospace firmographics
Firmographics- Name
- Maeve Aerospace
- Legal name
- MAEVE Aerospace B.V.
- Website
- https://maeve.aero
- Company type
- Private
- Founded year
- 2021
- Operating status
- Closed
- Headcount range
- 11–50 employees
- Short description
- Maeve Aerospace was a Dutch aerospace startup (founded 2021, Delft) developing the MAEVE Jet (MJ 500), a hybrid-electric 76-100 seat regional aircraft targeting 40% fuel reduction for airline fleet modernization. The company entered bankruptcy in May 2025 after failing to raise development capital.
- Ownership category
- akta.pro rank
Maeve Aerospace industry classification
Industry- Product category
- Regional Aircraft
- NAICS
- Aircraft Manufacturing (336411), Aircraft Engine and Engine Parts Manufacturing (336412), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
- SIC
- Aircraft (3721), Aircraft & Parts (3720), Aircraft Engines & Engine Parts (3724)
- akta.pro primary industry
- Business & General Aviation Aircraft Manufacturing (IMABAAAC)
- akta.pro secondary industry
- Nacelles, Fairings & Aerodynamic Structures (IMABAEAE)
Keywords
Where Maeve Aerospace is headquartered
LocationHeadquarters
- HQ city
- Delft
- HQ country
- Netherlands
- HQ region
- Europe
Offices2 records
Markets served
Maeve Aerospace business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations
Revenue model
- Aircraft Sales: Maeve Aerospace planned to generate revenue through the sale of hybrid-electric regional aircraft (MAEVE Jet/MJ 500) to airline customers. The company sought to become a regional aircraft OEM, selling directly to airlines like launch customer SkyWest, as well as Delta Air Lines and Japan Airlines. The program was estimated to require around €2 billion to reach production.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Maeve Aerospace product offering
Product offeringCore offering
Maeve Aerospace was developing a single unified product — the MAEVE Jet (MJ 500), a hybrid-electric regional aircraft for 76-100 passengers. The aircraft features two hybrid-electric powerplants with Rotor Swirl Recovery Vanes, a high aspect ratio wing, and a low wing configuration, delivering 40% lower fuel consumption (up to 95% emissions reduction with SAF). The company operated as an aircraft OEM (Original Equipment Manufacturer) selling directly to regional airline customers.
Product overview
Maeve Aerospace was developing a single unified product — the MAEVE Jet (MJ 500), a hybrid-electric regional aircraft targeting the regional aviation market. The aircraft was designed to seat 76-100 passengers in various configurations (single, dual, or three class), with a range of up to 1,450 NM. The company declared bankruptcy on May 28, 2025, ending its aircraft development program.
Differentiator
Problem solved
Functional benefit
Products and services
- MAEVE Jet (MJ 500) The MAEVE Jet (MJ 500) is a hybrid-electric regional aircraft designed to serve 76-100 passengers on short to medium-haul routes. It features two hybrid-electric powerplants with Rotor Swirl Recovery Vanes, a high aspect ratio wing, and a low wing configuration. It delivers 40% fuel consumption reduction with conventional fuel and up to 95% emissions reduction with SAF, a cruise speed of 0.75 Mach, range of up to 2,685 km (1,450 NM), and a 1,500m takeoff field length. Targeted at regional airlines seeking to replace aging CRJ/ERJ fleets with sustainable technology.
Quantifiable outcome
- 40% fuel consumption reduction
- +3 more outcomes
Companies that use Maeve Aerospace
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Maeve Aerospace technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Maeve Aerospace partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Delta Air LinescoreDelta Air Lines partnered with Maeve Aerospace to develop a hybrid-electric regional aircraft as part of Delta's Sustainable Skies Lab initiatives. Delta's participation included supporting the development of the Maeve Jet targeting around 2033 service introduction. Partnership ended with Maeve's bankruptcy.
- Japan Airlines (JAL) / JAL Engineering (JALEC)coreJapan Airlines and JALEC signed MoU with Maeve to develop the hybrid-electric MAEVE Jet. JAL was to help shape the rear-engined 90-seat open-rotor aircraft proposal. Launch targeted for 2033. Partnership ended with bankruptcy.
- MHI RJ Aviation Group (MHIRJ)coreMHIRJ teamed up with Maeve on sustainability initiatives for regional aircraft. Following Maeve's bankruptcy, MHIRJ hired former Maeve CTO Martin Nüsseler to head a new advanced design office in Munich, hiring several former Maeve design engineers. MHIRJ is also collaborating with ZeroAvia on hydrogen-electric propulsion and Horizon Aircraft on hybrid-electric flight testing.
- Pratt & Whitney Canada (P&WC)coreMaeve collaborated with RTX's Pratt & Whitney Canada on hybrid-electric propulsion for the M80/Ma Later Maeve Jet. The partnership focused on developing the hybrid powertrain technology derived from RTX's Dash 8 demonstrator program.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Maeve Aerospace competitors and assessment
Company assessmentDirect peers
- Heart Aerospace: Swedish developer of the ES-30 hybrid-electric regional aircraft targeting 30-seat capacity. Most direct competitor to Maeve in the hybrid-electric regional aircraft space with similar airline-customer GTM (United, Mesa) and certification timelines targeting late 2020s.
- Eviation Aircraft: Developer of the all-electric Alice regional aircraft (9-passenger). Closely comparable regional electric-aviation startup pursuing airline customers, though operating in the smaller all-electric segment rather than hybrid.
Emerging players
- ZeroAvia: UK/US hydrogen-electric propulsion developer targeting regional aircraft retrofit and clean-sheet platforms. Competes with Maeve for the same airline sustainability budgets and is partnered with MHIRJ (which absorbed former Maeve talent).
- Wright Electric: US-based developer focused on electric propulsion for regional and single-aisle aircraft, including the Wright Spirit (BAe 146 conversion). Comparable clean-sheet electric regional ambitions though focused on larger airframes than Maeve's MJ 500.
- Universal Hydrogen: US hydrogen propulsion conversion company targeting regional aircraft retrofits. Competes for the same regional aviation decarbonization narrative and customer mindshare, though focused on hydrogen rather than hybrid-electric.
Broad incumbents
- Embraer: Brazilian aerospace OEM dominating the regional jet segment with the E-Jet family (E170/175/190/195). Maeve explicitly targeted replacement of CRJ/ERJ fleets that compete with Embraer's installed base, and Embraer is developing hybrid-electric concepts for the same customer base.
- MHI RJ Aviation Group (MHIRJ): Successor entity managing the CRJ program after Bombardier's exit. Was a Maeve partner and absorbed former Maeve engineering leadership/CTO; now developing its own hybrid-electric and zero-emission regional aircraft concepts in direct competition.
- Airbus: European aerospace giant developing the ZEROE hydrogen-powered aircraft family and exploring hybrid-electric regional platforms. Backed ZeroAvia; represents the dominant incumbent whose technology choices and timelines set the competitive frame for hybrid-electric regional entrants.
- De Havilland Canada: Canadian manufacturer of the Dash 8-400 turboprop (76 seats) — a direct size and mission competitor to the MAEVE Jet in the regional segment. The Dash 8 platform also underpins Pratt & Whitney Canada's hybrid-electric demonstrator program that Maeve's powertrain was derived from.
Others
- Pratt & Whitney Canada: RTX division and Maeve's hybrid-electric propulsion partner developing its own Dash 8-based hybrid-electric demonstrator. Functions as both an enabler (supplier of hybrid powertrain tech) and emerging competitor in the regional hybrid-electric space.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Maeve Aerospace social profiles
Digital presenceMaeve Aerospace financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maeve Aerospace leadership team
Management profileNumber of profiles
Profiles2 records
Maeve Aerospace subsidiaries and ownership
Company hierarchySubsidiaries1 record
Maeve Aerospace funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maeve 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 Maeve Aerospace
What does Maeve Aerospace do?
Maeve Aerospace was developing a single unified product — the MAEVE Jet (MJ 500), a hybrid-electric regional aircraft for 76-100 passengers. The aircraft features two hybrid-electric powerplants with Rotor Swirl Recovery Vanes, a high aspect ratio wing, and a low wing configuration, delivering 40% lower fuel consumption (up to 95% emissions reduction with SAF). The company operated as an aircraft OEM (Original Equipment Manufacturer) selling directly to regional airline customers.
Is Maeve Aerospace a public or private company?
Maeve Aerospace is a private company. It is classified as venture growth investor backed and is currently closed.
When was Maeve Aerospace founded?
Maeve Aerospace was founded in 2021. It employs 11 to 50 people.
Where is Maeve Aerospace based?
Maeve Aerospace is headquartered in Delft, Netherlands, in the Europe region.
How does Maeve Aerospace make money?
One revenue line is on record: aircraft Sales.
Who are Maeve Aerospace's main competitors?
Direct peers on record are Heart Aerospace and Eviation Aircraft. Emerging players are ZeroAvia, Wright Electric and Universal Hydrogen. Broad incumbents are Embraer, MHI RJ Aviation Group (MHIRJ), Airbus and De Havilland Canada. Pratt & Whitney Canada is listed as an others.
Does Maeve Aerospace have an API?
No public API is recorded for Maeve Aerospace.
What industry is Maeve Aerospace in?
Maeve Aerospace's product category is Regional Aircraft. Its primary akta.pro industry code is IMABAAAC, Business & General Aviation Aircraft Manufacturing, with a secondary code of IMABAEAE, Nacelles, Fairings & Aerodynamic Structures. Its NAICS code is 336411 and its SIC code is 3721.