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Aerospace and Defense eVTOL Aircraft sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Aerospace and Defense eVTOL Aircraft

1.1 - About Aerospace and Defense eVTOL Aircraft sector

Companies in the Aerospace and Defense eVTOL Aircraft category design, certify, and manufacture electric vertical takeoff and landing platforms for passenger and cargo use. They deliver integrated aircraft systems—airframes, distributed electric propulsion, batteries, avionics, and ground infrastructure—that enable quiet, low‑emission urban and regional mobility. Vendors also support fleet operations, training, and maintenance to help operators deploy reliable services while meeting safety standards and regulatory requirements.

Typical capabilities span airframe engineering and the integration of distributed electric propulsion. Vendors build high‑energy battery packs with thermal management and BMS and deliver fly‑by‑wire flight controls and avionics compliant with DO‑178C/DO‑254. They add autonomy with detect‑and‑avoid sensor suites and connect aircraft to UTM systems for traffic management. Many also provide vertiport infrastructure, rapid charging and ground support equipment, plus digital twin modeling, simulation and certification services for production readiness.

Primary customers include urban air mobility operators, defense procurement agencies, and express cargo logistics providers. Outcomes typically include faster point‑to‑point transport in congested regions, reduced emissions and noise versus rotorcraft, improved mission flexibility and access to constrained landing zones, and lower operating cost per seat‑mile. Companies also help buyers accelerate certification timelines and enhance fleet reliability through standardized maintenance and remote operations tooling.

2. Buyers in the Aerospace and Defense eVTOL Aircraft sector

2.1 Top strategic acquirers of Aerospace and Defense eVTOL Aircraft companies

Beta Logo

Beta

HQ: United States Website
  • Description: Provider of high-performance electric aircraft, electric propulsion systems, components and charging infrastructure. The company designs, manufactures and sells its ALIA platform—available in fixed-wing (CTOL) and vertical take-off and landing (VTOL) variants—and deploys a growing network of charging sites to support cargo, defense, passenger and medical air-mobility missions across North America.
  • Key Products:
  • ALIA VTOL: All-electric vertical takeoff & landing aircraft offering 336-nm demonstrated range, <1-hour recharge, capacity for five passengers plus pilot and 40% lower hourly operating cost than non-electric comparables
  • ALIA CTOL: All-electric conventional takeoff & landing aircraft designed for logistics and passenger missions, delivering 67% lower hourly operating cost versus conventional aircraft and compatible with BETA charge network
  • Charge Cubes
  • Mini Cubes & Towers: Multimodal high-rate charging units engineered to safely, quickly and reliably power electric aircraft and ground EVs, forming a network that puts 50+ million people within 50 miles of a charger
  • Customized Training Programs: Tailored pilot training enabling external aviators from FAA
  • USAF
  • UPS and others to conduct qualitative evaluation flights in ALIA aircraft, supporting certification and operational readiness.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Aerospace and Defense eVTOL Aircraft sector

M&A buyer group 1: Electric Aircraft

6 companies View group →
Description: Strategic buyers in the Aerospace & Defense Electric Aircraft Platforms category design and supply electric and hybrid-electric aircraft and enabling subsystems for civil, military, and unmanned applications. Their offerings span propulsion, energy storage, avionics, and ground infrastructure that together reduce emissions, noise, and operating costs while enabling new mission profiles such as short-haul passenger, cargo, ISR, and training. They support certification pathways and integration with existing fleets and manufacturing programs.
Joby Aviation

Joby Aviation

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of electric vertical takeoff and landing (eVTOL) aircraft designed for quiet, zero-emission air-taxi operations, offering four-passenger vehicles capable of 150-mile range and 200 mph cruise speeds for urban and regional mobility.
  • Key Products:
  • All-Electric eVTOL Aircraft: Quiet, zero-emission vertical take-off and landing planes designed to carry passengers efficiently between urban points, reducing congestion and flight emissions
  • Air-Transportation-as-a-Service Platform: Fleet operation model using Joby’s eVTOLs to provide on-demand aerial ridesharing for commuters, enabling quick city-to-city travel
  • Electric Air Taxi for Defense Contracts: Customized eVTOL units supplied under U.S. Air Force contracts, offering rapid personnel and logistics transport with minimal environmental impact
  • Commercial Production Partnership: Large-scale manufacturing of Joby electric air taxis in collaboration with Toyota, aimed at mass-producing certified aircraft for global deployment.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Aerospace and Defense eVTOL Aircraft sector

3.1 - Buyout funds in the Aerospace and Defense eVTOL Aircraft sector

Buyout Funds investing in Aerospace and Defense eVTOL Aircraft companies

51+ funds
Description: Buyout funds focused on Aerospace and Defense eVTOL Aircraft companies globally.

Permira

Website HQ: United Kingdom
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Aerospace and Defense eVTOL Aircraft
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Aerospace and Defense eVTOL Aircraft sector

Growth Equity Funds in Aerospace and Defense eVTOL Aircraft companies

41+ funds
Description: Growth equity funds focused on Aerospace and Defense eVTOL Aircraft companies globally.

Partech

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Aerospace and Defense eVTOL Aircraft
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Aerospace and Defense eVTOL Aircraft companies

4.2 - Public trading comparable groups for Aerospace and Defense eVTOL Aircraft sector

Description: Companies in this trading comparables group design, manufacture, and support commercial aircraft platforms and the critical systems and components that enable them. Business models span OEM airframe producers and Tier‑1/2 suppliers generating revenue from new deliveries, installed base spares, and long-term aftermarket services. They are grouped together as valuation benchmarks due to shared exposure to airline demand cycles, program backlogs, delivery schedules, and recurring aftermarket revenue streams.
Airbus Group logo

Airbus Group

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of aerospace products, services, and solutions for the commercial aircraft, helicopter, defense, and space sectors, offering innovative designs and technology for a wide range of aviation operations.
  • Key Products:
  • Commercial Aircraft: Passenger and cargo aircraft for global airlines
  • Helicopters: Civil and military helicopters for various applications
  • Defense Products: Military aircraft, satellites, and defense systems
  • Space Products: Launch vehicles and space exploration systems
  • Maintenance and Upgrades: Comprehensive services for aircraft maintenance, training, and technology upgrades.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Aerospace and Defense eVTOL Aircraft sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Aerospace and Defense eVTOL Aircraft sector

Who are the top strategic acquirers of Aerospace and Defense eVTOL Aircraft companies?

Top strategic buyers in this sector include Beta, a provider of high-performance electric aircraft, electric propulsion systems, components and charging infrastructure. the company designs, manufactures and sells its alia platform—available in fixed-wing (ctol) and vertical take-off and landing (vtol) variants—and deploys a growing network of charging sites to support cargo, defense, passenger and medical air-mobility missions across north america. .

Which buyer groups are most relevant for Aerospace and Defense eVTOL Aircraft companies?

Relevant strategic buyer groups similar to the Aerospace and Defense eVTOL Aircraft sector include Electric Aircraft because they share similar customer segments and product capabilities.

Financial Investors in Aerospace and Defense eVTOL Aircraft sector

Which are the top PE firms investing in Aerospace and Defense eVTOL Aircraft companies?

Potential investors in the broader Aerospace and Defense eVTOL Aircraft space include Partech and Permira.

Who are the top buyout funds acquiring Aerospace and Defense eVTOL Aircraft companies?

Active PE funds and buyout funds acquiring companies in the Aerospace and Defense eVTOL Aircraft space include Permira.

Who are the top growth equity funds investing in Aerospace and Defense eVTOL Aircraft companies?

Growth funds investing in the broader Aerospace and Defense eVTOL Aircraft sector include Partech.

Valuation of Companies in Aerospace and Defense eVTOL Aircraft sector

Which are the key public companies that are relevant trading comps for Aerospace and Defense eVTOL Aircraft companies?

Key trading comparable groups include Airbus Group, a provider of aerospace products, services, and solutions for the commercial aircraft, helicopter, defense, and space sectors, offering innovative designs and technology for a wide range of aviation operations..

Which are the key trading comparable groups for Aerospace and Defense eVTOL Aircraft companies?

Similar trading comparable companies include Commercial Aircraft and Equipment Manufacturers. Our platform tracks detailed trading comparable groups in the Aerospace and Defense eVTOL Aircraft sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Aerospace and Defense eVTOL Aircraft sector?

Our platform tracks M&A transactions in the Aerospace and Defense eVTOL Aircraft sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Aerospace and Defense eVTOL Aircraft?

Access recent funding rounds in the Aerospace and Defense eVTOL Aircraft sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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