Elixir Aircraft
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|
Revenues | <1m | <1m | <1m | - |
% growth | - | (6 %) | (88 %) | - |
EBITDA | <1m | (<1m) | (<1m) | (<1m) |
% EBITDA margin | 13 % | (24 %) | (1606 %) | - |
Profit | <1m | <1m | (<1m) | (<1m) |
% profit margin | 12 % | 54 % | (915 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $290k | Seed | |
* | N/A | Early VC | |
€2.5m | Grant | ||
€3.0m | Late VC | ||
$2.6m | Grant | ||
N/A | Early VC | ||
* | €13.0m | Grant | |
Total Funding | $23.3m |
Recent News about Elixir Aircraft
EditElixir Aircraft is an innovative startup in the aviation industry, co-founded by Cyril Champenois and Nicolas Mahuet. The company specializes in designing and manufacturing high-performance, lightweight aircraft. Their primary product is the Elixir, a two-seater aircraft that combines advanced materials and cutting-edge technology to offer superior performance, safety, and efficiency.
Elixir Aircraft serves a diverse range of clients, including private pilots, flight schools, and aviation enthusiasts. The company operates in the general aviation market, which encompasses all civil aviation operations other than commercial air transport. This market is growing, driven by increasing interest in personal and recreational flying, as well as the need for efficient training aircraft.
The business model of Elixir Aircraft revolves around the design, production, and sale of their aircraft. They generate revenue through direct sales of the Elixir aircraft to individual customers and organizations. Additionally, they offer maintenance services and support, which provides a recurring revenue stream. The company also engages in partnerships with flight schools and aviation clubs to expand their market reach and enhance brand visibility.
Elixir Aircraft's competitive edge lies in their use of advanced composite materials, which make their aircraft lighter and more fuel-efficient. This not only reduces operational costs for their clients but also minimizes environmental impact. The company's commitment to innovation and safety has positioned them as a promising player in the general aviation market.
In summary, Elixir Aircraft is a dynamic startup focused on revolutionizing the general aviation market with their high-performance, lightweight aircraft. They cater to private pilots, flight schools, and aviation enthusiasts, generating revenue through aircraft sales and maintenance services.
Keywords: aviation, aircraft, innovation, lightweight, high-performance, private pilots, flight schools, general aviation, maintenance, safety.