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  • Alex Onea

Companies Focused on Electric Airplanes

In today's push for eco-friendly solutions, the aviation world is changing course. This article zooms in on companies putting all their energy into making electric airplanes. Discover the technology, environmental impact, and big dreams behind these efforts as we explore how they're reshaping air travel for a greener future.

In the dynamic landscape of aviation, companies are steering towards sustainable solutions, particularly in the world of electric airplanes.

Let's look into the notable companies driving the evolution of electric aviation.


Boeing, with a staggering revenue of US$73.6 billion and led by CEO Dave Calhoun, stands at the forefront of electric aircraft development. Established in 1916, Boeing remains committed to innovation, sustainability, and core values such as safety, quality, and integrity. Chief Sustainability Officer Christopher Raymond propels Boeing towards a more sustainable aerospace future, emphasizing transparency and progress.


With a revenue of US$67.1 billion and guided by CEO Gregory Hayes, RTX is a major player in aviation systems, supporting 11 million air travel passengers daily. This US-based company focuses on sustainable and connected flight, smarter defense systems, and intelligent space technologies. Collaborating with NASA, RTX actively engages in the development of electric flight technology.


Ranked as the world's second-largest manufacturer of commercial aircraft, Airbus boasts a revenue of US$65.29 billion. CEO Guillaume Faury envisions a hydrogen-powered plane ready by 2035, as part of Airbus's commitment to sustainability. Founded in 1970, Airbus operates globally in the commercial aircraft, helicopters, defense, and space sectors.

Honeywell International Inc.

Honeywell, a multinational conglomerate with a revenue of US$36.41 billion and led by CEO Vimal Kapur, brings over 50 years of experience to electric flight technologies. Operating in aerospace, building technologies, and safety solutions, the company actively works on large unmanned aerial systems, urban air mobility, and light drones.

BAE Systems

With a revenue of US$27.4 billion and under the leadership of CEO Charles Woodburn, BAE Systems, a British aerospace and security giant, brings decades of expertise to enable the next generation of aircraft, including electric and hybrid models. The company's modular and scalable solutions cater to various markets, from regional and business jets to urban air mobility.


Paris-based Safran, with a revenue of US$24.96 billion and guided by CEO Olivier Andriès, is a leader in aviation and aerospace components. Actively developing electric propulsion technologies, Safran's expertise spans aircraft equipment, interiors, propulsion, defense, and space.


With a revenue of US$19.75 billion and led by CEO Patrice Caine, Thales, headquartered near Paris, specializes in technology for defense, security, aerospace, space, and transportation. The company plays a crucial role in making air travel safer, easier, and more efficient, offering solutions from air traffic management to in-flight services.

Ametek Inc.

Ametek Inc., an American manufacturing company with a revenue of US$6.421 billion and led by CEO David Zapico, operates globally in aerospace, defense, automation, and more. With a presence in 30 countries, Ametek provides solutions in areas such as aerospace and defense platforms, automation, medical, and energy.


Yuneec, a world leader in electronic aviation with a revenue of US$545.3 million and led by CEO Tian Yu, was founded in Hong Kong in 1999. Known for its innovation in electric aircraft and aerial video quadcopters, Yuneec has been pushing the boundaries of electric aviation for over 15 years.


Joby Aviation, founded by CEO JoeBen Bevirt in 2009, boasts a revenue of US$464.89 million. Partnering with NASA on groundbreaking electric flight projects, including the X-57 and LEAPTech, Joby became the first eVTOL company to receive airworthiness approval from the U.S Air Force in 2020. JoeBen Bevirt's leadership drives Joby's advancements in electric aviation, with a focus on operational capabilities for a sustainable tomorrow.

As we explore these companies where EV Magazine has ranked some of the key players in this transformative journey based on their revenue, it becomes evident that the aviation industry is not just adapting but actively shaping a more sustainable and electric future for air travel.

To stay updated with the latest in aviation, we've included a new player – Supernal. With their recent debut at CES 2024, the company brings a breath of fresh air to the electric aviation scene.


Revealed at CES 2024, Supernal S-A2, created by Hyundai Motor Group’s (HMG) Advanced Air Mobility Division, is an electric vertical takeoff and landing (eVTOL) aircraft designed for short urban commutes of 20 to 40 miles. With a revenue update pending, CEO Jaiwon Shin envisions the S-A2 as a blend of the best airplane and helicopter features. Boasting a glassy cockpit, modular seating for up to four passengers, and eight pivoting rotors for versatile flight, Supernal aims to redefine urban transportation with a comfortable, convenient, and clean electric aviation experience.

Heart Aerospace

Heart Aerospace is a company based in Gothenburg, Sweden. They focus on revolutionizing regional flights by introducing a new electric airplane. Heart Aerospace is working on the ES-30 electric airplane and plans to launch it in 2028. With notable investors including Breakthrough Energy Ventures, EQT Ventures, and United Airlines Ventures, Heart Aerospace is ready to lead the way in sustainable air travel.

What are your thoughts on these visionary companies driving the future of electric airplanes? We're eager to hear your perspective! Join the conversation on our social media platforms, and let's collectively explore the exciting horizon of electric aviation together.

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