Australian advanced air mobility startup Electro.Aero has appointed Dan Sloat as President to lead its expansion into the US.
Founded in 2014, Electro.Aero is an electric aviation charging infrastructure firm which supplies airports and vertiports with modular scalable charging solutions.
Dan Sloat, who founded the nonprofit research centre Advanced Air Mobility Institute, will spearhead the establishment of Electro.Aero’s US Head Office, expand business development opportunities and support the company’s growth.
“The US Market has become the focal point of Electro.Aero’s efforts because the lion’s share of investment capital for the Advanced Air Mobility sector overall, as well as the majority of our sales revenue thus far originates in the US,” Electro.Aero President Dan Sloat told Zag Daily.
“I’m eager to leverage my home network of industry contacts to spur additional growth where this technology is already welcome and potential is tremendous.”
The first focus for Dan and the team will be raising a Pre-Series A funding round to target near-term electric charging opportunities at aerodromes and airports.
“Electro.Aero has stayed lean to date while mostly bootstrapping from half a dozen key customers who are in the top 10 best funded electric aircraft OEMs,” Electro.Aero Founder Joshua Portlock said.
“Now our customer focus is shifting to the thousands of airports needing electric charging infrastructure to support the transition to electric aviation. To support this broader market, we’ll need a much larger US based team, which we’re confident Dan will help us grow and foster well.”
Electro.Aero claims it launched the world’s first commercial operation of an electric aircraft in 2018, and conducted the world’s first off-grid rapid charging of an electric aircraft in 2020. In 2022, it says its chargers powered the world’s longest hybrid electric flight.
