Maeve Aerospace

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.

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

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

• Hybrid-electric aircraft
• Regional jet development
• Sustainable aviation
• Electric propulsion
• Commercial aircraft OEM

Headquarters

HQ city

Delft

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Infrastructure, Operations

Revenue model

1. 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

Core 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

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Delta Air LinescoreStrategic or Co-development Partner · 21 September 2025Delta 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)coreStrategic or Co-development Partner · 17 June 2025Japan 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)coreStrategic or Co-development Partner · 15 November 2024MHIRJ 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)coreTechnology or Integration · 24 July 2024Maeve 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

Direct 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

• LinkedInlinkedin.com/company/maeveaerospace
• Xx.com/MaeveAerospace

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maeve Aerospace