Series B Completed, 2 Industrial Sites To Be Built In France And Florida Thanks to a new $58 million funding round, grants secured in France and Europe, and financial support from the state of Florida for its U.S. plant, Aura Aero has now brought its total funding to date to about $398 million. With the building permit secured for its future factory in Toulouse and firm orders already placed for its Electric Regional Aircraft (ERA) hybrid-electric regional aircraft, the company is putting all the pieces in place for a transition to industrial-scale production. This funding will enable Aura Aero to make significant progress on three priorities: the first flight of ERA, ramping up production of its low-wing, two-seat aerobatic trainer called Integral, and expanding operations with its long-range drone Enbata, while establishing the industrial capabilities necessary for mass production in France (Toulouse) and the United States (Daytona Beach, Fla.).
