About Bye Aerospace
Bye Aerospace is a company based in Englewood (United States) founded in 2007 by George Bye. It operates as a Product-as-a-Service. Bye Aerospace has raised $53.87 million across 7 funding rounds from investors including Fine Day Ventures, Galileo Global Securities and Ashanti Capital. The company has 7 employees as of December 31, 2023. Bye Aerospace offers products and services including eFlyer 2. Bye Aerospace operates in a competitive market with competitors including Beyond Aero, Skydweller, Heart Aerospace, Zunum Aero and VoltAero, among others.
- Headquarter Englewood, United States
- Employees 7 as on 31 Dec, 2023
- Founders George Bye
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Bye Aerospace, 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
$53.87 M (USD)
in 7 rounds
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Latest Funding Round
$14.02 M (USD), Series C
Nov 01, 2022
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Investors
Fine Day Ventures
& 2 more
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Employee Count
7
as on Dec 31, 2023
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Products & Services of Bye Aerospace
Bye Aerospace offers a comprehensive portfolio of products and services, including eFlyer 2.
An all-electric training aircraft with zero emissions.
People of Bye Aerospace
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Funding Insights of Bye Aerospace
Bye Aerospace has successfully raised a total of $53.87M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $14.02 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 Bye Aerospace
Bye Aerospace has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fine Day Ventures, Galileo Global Securities and Ashanti Capital.
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Investor details for Bye Aerospace
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Investments & Acquisitions by Bye Aerospace
Investment portfolio details for Bye Aerospace
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Financial Statements - Bye Aerospace
Detailed financials for Bye Aerospace
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Bye Aerospace Comparisons
Peer comparison for Bye Aerospace
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Competitors of Bye Aerospace
Bye Aerospace 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, Skydweller, Heart Aerospace, Zunum Aero and VoltAero, among others.
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Hydrogen-powered electric aircraft are developed for aviation applications.
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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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Electric-hybrid aircraft and powertrains are developed for aviation uses.
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Hybrid-electric propulsion systems for aviation are manufactured and developed.
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Detailed competitors of Bye Aerospace
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Latest news on Bye Aerospace
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Frequently Asked Questions about Bye Aerospace
Bye Aerospace was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Bye Aerospace is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.
Rod Zastrow is the current CEO of Bye Aerospace.
Bye Aerospace is a funded company, having raised a total of $53.87M across 7 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Bye Aerospace is 7.
Bye Aerospace is engaged in the development of electric aviation solutions. The company is recognized for its eFlyer series, which includes fixed-wing aircraft designed for the aviation training sector. These aircraft are built to be FAA-certified, zero-emission, and cost-effective with low-drag and low-noise features. Safety enhancements and intelligent systems are integrated to support efficient operations. The focus is placed on transforming flight schools with sustainable and innovative technology.
Bye Aerospace's top competitors include Beyond Aero, Skydweller and Heart Aerospace.
Bye Aerospace offers eFlyer 2.
Bye Aerospace has 3 investors. Key investors include Fine Day Ventures, Galileo Global Securities, and Ashanti Capital.