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
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Ampaire Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.75 M (USD)
in 5 rounds
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Latest Funding Round
$9 M (USD), Grant
Nov 22, 2022
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Investors
DOE
& 3 more
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Employee Count
20
as on Dec 31, 2023
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Investments & Acquisitions
Magpie Aviation
& 1 more
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Products & Services of Ampaire
Ampaire offers a comprehensive portfolio of products and services, including AmpDrive System and Hybrid-Electric Aircraft.
Hybrid-electric system that powers aircraft to reduce fuel use and emissions.
Modified aircraft for electric flight to enhance efficiency and lower noise.
People of Ampaire
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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.
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Startups are accelerated globally without sector restrictions through structured programs.
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Venture capital is invested in climate tech startups and entrepreneurs.
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Energy sources and policies are managed by the DOE.
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Investor details for Ampaire
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Investments & Acquisitions by Ampaire
Ampaire has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Magpie Aviation and Talyn.
Investment portfolio details for Ampaire
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric aircraft with reduced emissions are manufactured.
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Provider of dual vehicle electric vertical take off and landing aircraft system
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Complete acquisition details for Ampaire
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Financial Statements - Ampaire
Detailed financials for Ampaire
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Ampaire Comparisons
Peer comparison for Ampaire
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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.
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Hydrogen-powered electric aircraft are developed for aviation applications.
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Next-generation military aircraft are designed and developed for aviation platforms.
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Solar-powered unmanned perpetual flight vehicles are developed for various industries.
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Multi-seater commercial electric airplanes are developed by Heart Aerospace.
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Hybrid electric aircraft are developed for regional passenger flights.
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Detailed competitors of Ampaire
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Latest news on Ampaire
Complete news archive for Ampaire
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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.