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Wright Electric - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Wright Electric including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Wright Electric company logo

Startup company aimed at reducing aircraft emissions.

Wright Electric, Inc. is engaged in developing the world’s first family of zero-emissions commercial aircraft relying on advanced electric propulsion systems.

HeadquartersMalta, United States
Team size11-50
Founded2016

What is Wright Electric? - Company Overview & Details

Wright Electric is Wright Electric, Inc. is engaged in developing the world’s first family of zero-emissions commercial aircraft relying on advanced electric propulsion systems. Founded in 2016, the company is headquartered in Malta, United States.

Who Founded Wright Electric?

Wright Electric is led by CEO Jeff Engler.

Who are the Key Executives at Wright Electric? - Leadership Team

Wright Electric is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Wright Electric

Jeff EnglerCEO

Chief Technology Officer (CTO) of Wright Electric

Colin TschidaCTO

About Jeff Engler - CEO of Wright Electric

Jeff Engler serves as the Chief Executive Officer of Wright Electric, leading the company's strategic vision and operations.

Wright Electric Company Details & Key Information

Where is Wright Electric located?

Wright Electric is headquartered in Malta, United States.

How many employees does Wright Electric have?

Wright Electric has 11-50 employees.

When was Wright Electric founded?

Wright Electric was founded in 2016.

Wright Electric Official Website

How much funding has Wright Electric raised?

Wright Electric has raised undisclosed amount across 8 funding rounds. The most recent funding was completed on 2024-09-19.

Funding Overview

Wright Electric has received grants from federal entities, including the Department of Energy, to advance its battery development and electric propulsion systems.

N/A
Total Funding Raised
8
Funding Rounds
2024-09-19
Latest Round

Wright Electric Funding History

Grant
2020-09-28
$647,000
Grant
2024-09-19
$3,300,000

Who are the key investors in Wright Electric?

Wright Electric is backed by 2 key investors including US Department of Energy, Federal Aviation Administration. These investors focus on Energy, Aerospace, Aviation Safety sectors.

Wright Electric Investor Overview

2
Key Investors
4
Focus Areas
3
Notable Investments

Complete List of Wright Electric Investors

US Department of Energy

Federal agency providing funding for energy-related projects.

Investment Focus
Energy
Aerospace
Notable Portfolio Companies
$647,000 Grant
$3,300,000 Grant

Federal Aviation Administration

Federal agency responsible for regulating civil aviation.

Investment Focus
Aviation Safety
Innovation
Notable Portfolio Companies
$3,300,000 Grant

What sectors do Wright Electric investors focus on?

The investors backing Wright Electric primarily focus on Energy, Aerospace, Aviation Safety, Innovation sectors.

Energy
Aerospace
Aviation Safety
Innovation

Featured Investor: US Department of Energy

US Department of Energy

Federal agency providing funding for energy-related projects.

Notable Investments: $647,000 Grant, $3,300,000 Grant

What are Wright Electric's future plans?

Wright Electric Wright Electric is focused on advancing their electric propulsion systems and battery technologies for commercial applications.

Wright Electric Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Wright Electric face?

Wright Electric has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Wright Electric

1

Technological hurdles in battery development

2

Regulatory approvals for new aircraft

What opportunities does Wright Electric have?

Wright Electric has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Wright Electric

1

Partnerships with airlines

2

Growing demand for zero-emission aviation

Wright Electric Strategic Position Summary

Key Focus Areas

Wright Electric is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Wright Electric?

Wright Electric has 2 recent news updates covering key business developments and market activities.

Wright Electric News Overview

2
Recent Articles
Active
Media Coverage
2024-08-12
Latest Update

What is Wright Electric in the news for?

Wright Electric is currently featured in news for Wright Electric launched initiative to develop high-energy batteries on Aug 12th '23. and other significant business developments.

Recent News Articles About Wright Electric

Article 1
2024-08-12

Wright Electric launched initiative to develop high-energy batteries on Aug 12th '23.

Wright Electric has been awarded a contract by the US Air Force to develop high-performance batteries for UAVs.

electrive.com
Read News
Article 2
2024-08-08

Wright Electric signed new client Air Force on Aug 7th '24.

US Air Force awards Wright Electric to develop 3D printed batteries for drones.

3dprint.com
Read News

Wright Electric FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Wright Electric including information about founders, CEO, funding history, investors, headquarters location, and company details. 17 frequently asked questions covering key information about the company.

Wright Electric Questions & Answers - Company Information

Q1

What is Wright Electric?

Wright Electric, Inc. is engaged in developing the world’s first family of zero-emissions commercial aircraft relying on advanced electric propulsion systems.

Q2

Who founded Wright Electric?

Wright Electric is led by CEO Jeff Engler.

Q3

Who is the CEO of Wright Electric?

The CEO of Wright Electric is Jeff Engler.

Q4

Who are the investors in Wright Electric?

Wright Electric's key investors include US Department of Energy, Federal Aviation Administration.

Q5

Where is Wright Electric headquartered?

Wright Electric is headquartered in Malta, United States.

Q6

When was Wright Electric founded?

Wright Electric was founded in 2016.

Q7

How many employees does Wright Electric have?

Wright Electric has 11-50 employees.

Q8

What is Wright Electric's official website?

You can visit Wright Electric's official website at http://www.weflywright.com.

Q9

What was Wright Electric's latest funding round?

Wright Electric's latest funding round was a Grant round of $$647,000 completed on 2020-09-28.

Q10

Who is founder?

Jeff Engler

Q11

Who is cto?

Colin Tschida

Q12

What does the company do?

Wright Electric focuses on developing electric propulsion systems for zero-emission commercial aircraft.

Q13

Latest funding date?

2024-09-19

Q14

Who are the investors?

US Department of Energy Federal Aviation Administration

Q15

What are the challenges?

Technological hurdles in battery development Regulatory approvals for new aircraft

Q16

What are the opportunities?

Partnerships with airlines Growing demand for zero-emission aviation

Q17

Latest news?

Wright Electric has been awarded a contract by the US Air Force to develop high-performance batteries for UAVs. US Air Force awards Wright Electric to develop 3D printed batteries for drones.

More Information About Wright Electric

For additional details about Wright Electric, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.