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Heart Aerospace closes its Swedish operations and moves its headquarters to Los Angeles
Heart moved its headquarters from Gothenburg to Los Angeles and closed its Swedish operations, citing a customer and investor base increasingly in the U.S. and plans to bring batteries, actuators, software and hybrid hardware in-house. The X1 demonstrator was still due to fly in 2025; Heart had just raised another $40 million.
- Heart relocated HQ from Gothenburg, Sweden to Los Angeles.
- Move driven by customer and investor concentration in the U.S.
- Company plans to internalize batteries, actuators, software and hybrid-electric hardware development.
- X1 demonstrator flight expected in 2025; company backed by $40 million in recent funding.