# PIMCO and AURA AERO partner to industrialize ERA hybrid-electric aircraft

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.

- Type: Partnership
- Announced: 2026-07-20
- Where: Daytona Beach, Florida, United States
- Status: announced
- Products: hybrid-electric regional aircraft, aerostructures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Aura Aero](https://endata.com/companies/50616.md) (partner)
- [Piper Aircraft](https://endata.com/companies/51448.md) (partner)
- [Piper Industrial Manufacturing Company](https://endata.com/companies/93097.md) (partner)

## Sources

- [piper.com](https://www.piper.com/press-releases/piper-industrial-manufacturing-company-pimco-forges-strategic-partnership-with-aura-aero-to-accelerate-industrialization-of-the-era-hybrid-electric-aircraft/), 2026-07-20: "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"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.