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boardroom TNW July 21, 2026

Electra plans an $850M Ohio factory for its ultra-short hybrid plane

Electra plans an $850M Ohio factory for its ultra-short hybrid plane
AI Summary

Aircraft startup Electra plans to invest around $850 million to build a factory in Ohio, giving the maker of hybrid-electric ultra-short takeoff and landing aircraft its first dedicated production base. It would place Electra in the same state as electric air taxi rival Joby, which is already building a scaled plant in Dayton. Ohio has courted […] This story continues at The Next Web

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