Overview
- Electra announced Tuesday, July 21, that it will invest $850 million to build a 96‑acre production facility at AirPark Ohio next to Springfield‑Beckley Municipal Airport.
- Design work begins immediately and Electra plans to start construction in 2027 on a phased plant sized for an initial 400 aircraft per year and later expansion to 800 per year.
- The company says the factory will create about 1,975 local jobs and selected Springfield from more than 140 candidate sites because of workforce, testing infrastructure and regional aerospace assets.
- Regulatory and technical progress underpins the decision: the FAA closed the EL9’s G‑1 issue paper this month to set the certification basis and the program is now in G‑2 compliance and test planning with a first flight target in late 2027–2028 and service aimed near 2030.
- Electra has a production deal with Safran that includes an initial order for 250 turbogenerators and reports a 2,200‑plus letter‑of‑intent backlog, but those market and production claims depend on successful certification, testing and supply‑chain ramp-up.