Prysm Capital led a $115m Series B round in Electra.

Prysm Capital, an investment firm, led a $115m Series B round in Electra, an aerospace company. "At Electra, we are on a mission to deliver a new era of aviation, a leap forward in advanced air mobility that is both transformational and practical.The EL9 Ultra Short opens the door to opportunities to establish new commercial routes, connect communities currently lacking aviation infrastructure, and enable entirely novel logistics capabilities for warfighters. We look forward to working with our partners at Prysm to continue the development of this aircraft and chart a new course for aviation," Marc Allen, Electra CEO.