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Company profile: Heart Aerospace

1.1 - Company Overview

Heart Aerospace Logo

Heart Aerospace

Headquarter: Sweden
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of hybrid-electric regional airplanes and supporting R&D, including the 30-seat ES-30 with a 200 km fully electric range and 400 km extended hybrid range; electric propulsion testing via an Electric Motor Rig; subscale flight and full-scale systems integration testing (Iron Bird, Fullscale Heart Demonstrator); and a US R&D hub in Los Angeles focused on advancing hybrid-electric propulsion technologies.

Products and services

  • ES-30: A regional hybrid-electric airplane carrying 30 passengers, delivering a fully electric range of 200 km and an extended hybrid range of 400 km
  • Fullscale Heart Demonstrator: A full-scale aircraft demonstrator by Heart Aerospace, expected to fly in 2025, showcasing the ES-30 propulsion architecture for the company's hybrid-electric regional airplane program
  • Iron Bird Integrated Test Facility: A full-scale test bench by Heart Aerospace for the design and integration of key aircraft systems at full aircraft scale

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Heart Aerospace

Cowboy Logo

Cowboy

HQ: Belgium Website
  • Description: Provider of innovative electric bikes for city riders, including Cowboy Cruiser and Cruiser ST with removable batteries and raised or integrated cockpits, and Cross and Cross ST with suspension, custom tires, and powerful batteries for urban and off-road use. Also offers Cowboy Circular, a refurbished bike program delivering road-ready bikes with a one-year warranty.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Cowboy company profile →
eMovements Logo

eMovements

HQ: Germany Website
  • Description: Provider of mobility-promoting technologies focused on solutions that improve security and comfort to advance mobile progress.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full eMovements company profile →
Currie Technologies Logo

Currie Technologies

HQ: United States Website
  • Description: Provider of high quality hybrid electrically powered bikes and steps for all ages, serving as both developer and distributor.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Currie Technologies company profile →
Romeo Power Logo

Romeo Power

HQ: United States Website
  • Description: Provider of energy-dense battery packs and cutting-edge consumer, industrial, and electric vehicle (EV) battery systems that deliver more energy in the most efficient manner.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Romeo Power company profile →
EV Charge Solutions Logo

EV Charge Solutions

HQ: United States Website
  • Description: Provider of distribution services for electric vehicle charging equipment across North America.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full EV Charge Solutions company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Heart Aerospace

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Heart Aerospace

2.2 - Growth funds investing in similar companies to Heart Aerospace

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4 - Top valuation comps for Heart Aerospace

4.2 - Public trading comparable groups for Heart Aerospace

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4.3 - M&A Transactions similar to Heart Aerospace

Selected M&A transactions

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

About Heart Aerospace

What does Heart Aerospace do?

Heart Aerospace is a provider of hybrid-electric regional airplanes and supporting R&D, including the 30-seat ES-30 with a 200 km fully electric range and 400 km extended hybrid range; electric propulsion testing via an Electric Motor Rig; subscale flight and full-scale systems integration testing (Iron Bird, Fullscale Heart Demonstrator); and a US R&D hub in Los Angeles focused on advancing hybrid-electric propulsion technologies.

Who are Heart Aerospace's competitors?

Heart Aerospace's competitors and similar companies include Cowboy, eMovements, Currie Technologies, Romeo Power, and EV Charge Solutions.

Where is Heart Aerospace headquartered?

Heart Aerospace is headquartered in Sweden.

How many employees does Heart Aerospace have?

Heart Aerospace has 1,000 employees 🔒.

When was Heart Aerospace founded?

Heart Aerospace was founded in 2010 🔒.

What sector and industry vertical is Heart Aerospace in?

Heart Aerospace is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Heart Aerospace

Who are the top strategic acquirers in Heart Aerospace's sector and industry

Top strategic M&A buyers and acquirers in Heart Aerospace's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

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Financial Investors investing in Heart Aerospace's sector and industry vertical

Which are the top PE firms investing in Heart Aerospace's sector and industry vertical?

Top PE firms investing in Heart Aerospace's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Heart Aerospace's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Heart Aerospace's sector and industry vertical?

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Valuation benchmarks of companies in Heart Aerospace's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Heart Aerospace?

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Which are the key trading comparable groups for Heart Aerospace for public valuation benchmarks?

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What are recent M&A transactions in Heart Aerospace's sector and industry vertical?

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What are recent capital raises and funding rounds in Heart Aerospace's' sector and industry vertical?

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