Ampaire

Long Beach, United States Founded: 2016 • Age: 10 yrs
Hybrid-electric propulsion systems for aviation are manufactured and developed.
Annual revenue - Latest available
Total funding $2.8M 5 rounds
Employees 20 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Ampaire

Ampaire is a company based in Long Beach (United States) founded in 2016 by Cory Combs and Kevin Noertker. Ampaire has raised $2.75 million across 5 funding rounds from investors including DOE, European Union and Techstars. The company has 20 employees as of December 31, 2023. Ampaire has completed 2 acquisitions, including Magpie Aviation and Talyn. Ampaire offers products and services including AmpDrive System and Hybrid-Electric Aircraft. Ampaire operates in a competitive market with competitors including Beyond Aero, Mach Industries, Skydweller, Heart Aerospace and Zunum Aero, among others.

  • Headquarter Long Beach, United States
  • Employees 20 as on 31 Dec, 2023
  • Founders Cory Combs, Kevin Noertker
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ampaire Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.75 M (USD)

    in 5 rounds

  • Latest Funding Round
    $9 M (USD), Grant

    Nov 22, 2022

  • Investors
    DOE

    & 3 more

  • Employee Count
    20

    as on Dec 31, 2023

  • Investments & Acquisitions
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Ampaire

Ampaire offers a comprehensive portfolio of products and services, including AmpDrive System and Hybrid-Electric Aircraft.

Product name locked
Category locked
Primary

Hybrid-electric system that powers aircraft to reduce fuel use and emissions.

Product name locked
Category locked
Locked

Modified aircraft for electric flight to enhance efficiency and lower noise.

People of Ampaire

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Ed Lovelace
CTO
People
Kevin Noertker
Co-Founder & CEO

Unlock access to complete

Teams

Unlock access to complete

Funding Insights of Ampaire

Ampaire has successfully raised a total of $2.75M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $9 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Ampaire

Ampaire has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, European Union and Techstars.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Locked Locked Locked
Venture capital is invested in climate tech startups and entrepreneurs.
Locked Locked Locked
Energy sources and policies are managed by the DOE.
Locked Locked Locked
Premium access

Investor details for Ampaire

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ampaire

Ampaire has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Magpie Aviation and Talyn.

Investments
Premium access

Investment portfolio details for Ampaire

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Electric aircraft with reduced emissions are manufactured.
Locked Locked 2021 Locked
Provider of dual vehicle electric vertical take off and landing aircraft system
Locked Locked 2019 Locked
Premium access

Complete acquisition details for Ampaire

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Ampaire

Premium access

Detailed financials for Ampaire

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Ampaire Comparisons

Ampaire Primary company
Description
Hybrid-electric propulsion systems for aviation are manufact...
Location
Long Beach, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
20
As of 2023
Premium access

Peer comparison for Ampaire

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Ampaire

Ampaire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beyond Aero, Mach Industries, Skydweller, Heart Aerospace and Zunum Aero, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Hydrogen-powered electric aircraft are developed for aviation applications.
Locked Locked Locked
Next-generation military aircraft are designed and developed for aviation platforms.
Locked Locked Locked
Solar-powered unmanned perpetual flight vehicles are developed for various industries.
Locked Locked Locked
Multi-seater commercial electric airplanes are developed by Heart Aerospace.
Locked Locked Locked
Hybrid electric aircraft are developed for regional passenger flights.
Premium access

Detailed competitors of Ampaire

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Ampaire

Premium access

Complete news archive for Ampaire

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Ampaire

Ampaire was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Ampaire is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.

Kevin Noertker is the current CEO of Ampaire. They have also founded this company.

Ampaire is a funded company, having raised a total of $2.75M across 5 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Ampaire is 20.

Ampaire was founded in 2016 and is headquartered in Long Beach, United States. Hybrid-electric propulsion systems are developed and manufactured by the company for use in planes, VTOLs, and drones within the aviation sector. Existing aircraft are also retrofitted with these systems to enable sustainable operations. Focus is placed on advancing propulsion technology for various aerial applications.

Ampaire's top competitors include Beyond Aero, Skydweller and Heart Aerospace.

Ampaire offers AmpDrive System and Hybrid-Electric Aircraft.

Ampaire has made 2 acquisitions, including Magpie Aviation, and Talyn.

Ampaire has 4 investors. Key investors include DOE, European Union, Techstars, and Climate Capital.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available