
Heart Aerospace
Anders Forslund
Overview
Heart Aerospace is developing the ES-30, a 30-seat clean-sheet hybrid-electric regional aircraft for short-haul routes from smaller airports. Founded in Sweden and now headquartered in El Segundo, California, the company is following an iterative development path built around the Heart X1 and X2 prototypes while bringing more of its batteries, actuation systems, software, and hybrid-electric hardware in-house. Heart says it has raised $185M to date, secured 250 aircraft orders plus 120 options and purchase rights, and is targeting ES-30 type certification in 2029.
Main Products
What's Next
HX-1 all-electric first flight at Plattsburgh
Heart's most recent public schedule moved the maiden flight of the X1 all-electric demonstrator into 2026 after another delay tied to a composite-wing rebuild. As of late May 2026 the flight had not yet taken place, and the company is continuing ground testing in preparation for the first sortie at Plattsburgh International Airport.
HX-2 hybrid-electric flight demonstration
The X2 prototype is Heart's next major aircraft after X1 and is meant to validate the integrated hybrid-electric stack, in-house subsystems, and production methods needed for the ES-30. Anders Forslund has said the HX-1 slippage has only a minor effect on the HX-2 schedule because the two aircraft are being developed in parallel.
Operations & Revenue
Pre-revenue. Heart consolidated around its El Segundo headquarters in 2025 and through Q1โQ2 2026 has continued iterating on the Heart X1 demonstrator and preparing the Heart X2 prototype, with the X1's maiden flight still pending at Plattsburgh after multiple delays.
Revenue Streams
Future aircraft sales backed by 250 firm orders from United Airlines (100), Mesa Air Group (100), Air Canada (30), and Rockton (20), plus 120 options and purchase rights and 191 letters of intent.
Key Metrics
Timeline
Heart relocates its corporate headquarters from Gothenburg to Los Angeles, closes Swedish operations, and says the move will support upcoming Heart X1 experimental flights and the future Heart X2 prototype. The company also discloses a new $40M investment alongside the transition.
