 HOUSTON, Aug. 26, 2021 PRNewswire -- Electra.aero to develop hybrid-electric aircraft that takes off in 300x100 ft and carries 5-7 passengers or 1,800 pounds of cargo up to 500 nautical miles in all-weather conditions Bristow will lend its 70 years of transport expertise to Electras development of the eSTOL aircrafts operations, design, and safety features to meet customer as well as FAA, EASA and Transport Canada certification requirements Companies will explore new markets for Bristow operations using the Electra eSTOL aircraft, with focus on middle mile logistics for large retail distribution chains and other specialized customers Electra expects to deliver 50 low-emission aircraft to Bristow to provide services in these new markets Bristow Group Inc. NYSE: VTOL, the worlds leading global provider of vertical flight solutions to government and civil organizations, and Electra.aero, Inc. a pioneering developer of clean and efficient aviation technology solutions, today announced they have signed a Memorandum of Understanding MOU to pursue a Joint Development Agreement JDA and Purchase Agreement under which the two firms will cooperate on the technical development and certification, as well as marketing and future operations of Electras hybrid-electric short take-off and landing eSTOL aircraft, with an expected volume of 50 aircraft. Future electric air transport service to focus on middle mile logistics for retail distribution The two companies will collaborate on developing a full range of safety and operational features to ensure the new eSTOL aircrafts final configuration, specifications and design features meet customer as well as FAA, EASA and Transport Canada certification and timeline requirements. 