Wright Electric
PrivateLast Round
Grant
Aug 19, 2024
Total Funding Raised
$3.99M
Momentum Score
25 /100
Company Overview
Wright Electric, Inc. is an American aerospace company founded in 2016 with the goal of decarbonizing the aviation industry. The company is developing technologies for large, zero-emission electric aircraft, including ultra-lightweight motors, generators, and advanced battery solutions. Its flagship projects are the 'Wright Spirit,' a 100-passenger aircraft designed for one-hour flights, and the 'Wright 1,' a 186-seat airliner with a target range of 800 miles. Wright Electric is a graduate of the Y Combinator accelerator and collaborates with government agencies such as NASA, the U.S. Department of Energy, and the Department of Defense. The company has received federal grants to advance its battery development and aims to bring its first zero-emission regional jets into service.
Sector
Energy & Sustainability
Verticals
Aviation & Drones, Clean Transportation, Defense Tech, Energy Storage, Electric Vehicles
Business Model
B2B
Customer Profile
Government Contracts, Hardware Sales, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Wright Electric Comps
Public and private peers based on sector, stage, and business model.
Wright Electric Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Aug 19, 2024 | ||||
| Grant | Oct 14, 2020 | ||||
| Strategic | Apr 12, 2018 | ||||
| Seed | Mar 21, 2017 |
Key People
Founding team and executive leadership
Wright Electric Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Jetex | Strategic |
| Y Combinator | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 30, 2025
Partnered with the U.S. Department of Defense since 2016.
- Sep 30, 2025
Collaborating with the U.S. Department of Energy since 2016.
Wright Electric Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Wright Electric's valuation, stock price, and market status.