Cool Company Raises · $19.0M · Series B · ampaire.com

Ampaire raises a $19.0M Series B round

Ampaire is a Californian startup focused on developing hybrid-electric aircraft. The company aims to improve fuel efficiency and reduce emissions by retrofitting existing aircraft with hybrid technology. Their hybrid aircraft, referred to as the 'Eco Caravan', is based on the Cessna Grand Caravan. Ampaire is also involved in developing applications of hybrid-electric technology for aircraft ground power units.