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Piper Industrial Manufacturing Company (PIMCO) and AURA AERO have signed a strategic MOU to support the industrialization and scalable production of the ERA hybrid-electric regional aircraft. The ERA is scheduled to enter service in 2030.
“Industrial readiness is as critical as aircraft development. With PIMCO’s long standing experience in aluminum aerostructures, we are strengthening the manufacturing capabilities behind ERA and taking another important step toward delivering commercial aviation’s first hybrid-electric passenger airc”piper.com
Summarized from public sources; check the original articles before acting on it.