New Crowdfunding Campaign for Electric 19-Seater Aircraft

French electric aircraft developer Aura Aero is currently in the process of raising funds for its innovative 19-seater aircraft through a crowdfunding campaign. The company is aiming to secure €500,000, which represents 0.2% of its €266 million valuation, to support the detailed design phase of its 19-seater commercial electric regional aircraft (ERA) project. The total cost of developing this groundbreaking aircraft is estimated to be around $800 million. Despite the ambitious funding goal, Aura Aero has already received pre-orders for 472 ERA aircraft, amounting to a staggering total value of over $7 billion.

One of the key factors contributing to Aura Aero's success in the electric aircraft industry is its strategic partnerships and collaborations. The company has previously introduced a 2-seater electric aircraft named INTEGRAL, which has proven to be instrumental in providing valuable insights and feedback for the ongoing development of the larger 19-seater ERA aircraft. This iterative approach to aircraft design and development highlights Aura Aero's commitment to innovation and continuous improvement.

Since launching its crowdfunding campaign on CrowdCube, Aura Aero has made significant progress in securing the necessary funds to advance its ERA project. Within the first three days of the campaign, the company managed to raise an impressive €460,000 from 44 individual investors. In addition to the crowdfunding support, Aura Aero has also garnered backing from prominent entities such as the Occitanie Region, the BPI (French Public Investment Bank), and the venture capital firm Innovacom. This diverse range of financial support underscores the industry's confidence in Aura Aero's vision and capabilities.

Notably, CrowdCube, the platform hosting Aura Aero's crowdfunding campaign, has a track record of facilitating successful fundraising efforts for innovative technology companies. Previous campaigns on CrowdCube have enabled companies like QPT to finance their GaN motor drive control technology and Nanusens to support their MEMS sensor technology. By leveraging the power of crowdfunding and strategic partnerships, Aura Aero is poised to revolutionize the electric aircraft industry and pave the way for sustainable aviation solutions.

For more information on Aura Aero's crowdfunding campaign and to explore investment opportunities in the future of electric aviation, visit their official pitch page on CrowdCube at www.crowdcube.com/companies/aura-aero/pitches/ZpMQ6b.