Heart Aerospace

Executive Summary

Heart Aerospace is a Gothenburg-based developer of the ES-30 hybrid-electric regional aircraft, backed by significant investments from United, Air Canada, and SAAB. This strategic backing positions them strongly within the emerging electric aviation market, poised to capitalize on the increasing demand for sustainable regional travel and potentially eyeing an IPO between 2025 and 2029. The ES-30 is designed for a 30-passenger capacity, addressing a crucial gap in eco-friendly regional transport. Their focus on hybrid-electric technology allows for greater operational flexibility compared to purely electric competitors.