EViation Aircraft

Electric Aircraft

Aerospace, Defense & HLS
Acquired by Clermont Group on Sep, 2019

Company Overview

Snapshot

Founded in May 2016 by Omer Bar Yohay, EViation Aircraft operates with 11–50 employees. The company raised a total of $86.86 million across four funding rounds from two investors. EViation Aircraft was acquired by Clermont Group in September 2019.

Business overview

EViation Aircraft specializes in the development of electric aircraft solutions, aiming to redefine air transportation with sustainable and efficient alternatives to traditional fossil fuel-powered aircraft. The company's core technology focuses on advanced electric propulsion systems, paving the way for cleaner and quieter aviation. EViation Aircraft operates within the Aerospace, Defense & HLS sector, serving the global market with products like its all-electric Alice aircraft.

Strategic signal

In September 2022, EViation's Alice aircraft achieved a significant milestone with its first flight. This event signals a critical advancement in the electric aviation industry, demonstrating the viability of all-electric aircraft for commercial use and validating EViation's pioneering efforts in sustainable air travel. For investors, this represents a strong indicator of technological maturity and market readiness, positioning the company as a leader in the future of aviation.

Company Intelligence Q&A

When was EViation Aircraft acquired?
EViation Aircraft was acquired by Clermont Group in September 2019.
What is EViation Aircraft's primary product?
EViation Aircraft's primary product is the Alice, an all-electric passenger aircraft.
When did the Alice aircraft achieve its first flight?
Eviation's Alice aircraft achieved its first flight in September 2022.
Did EViation Aircraft receive any orders for its Alice aircraft?
In October 2022, Eviation announced an order from EVIA AERO for 25 all-electric Alice aircraft. In November 2022, the company also announced an order for 20 Alice aircraft from Australia's Northern Territory Air Services.
What was a notable early public appearance for EViation Aircraft?
In June 2017, the all-electric Eviation aircraft made its debut at the Paris Air Show.

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