The verified answer
As of Oct 2026, DEPLOY verifies Bye Aerospace: 1 model, $15.0M raised. 2 sources back the record.
CategoryDrones
Overview
American electric aircraft manufacturer pioneering the all-electric eFlyer family of FAA Part 23-certified training aircraft. Founded in 2007 by George E. Bye, the company is developing the two-seat eFlyer 2 trainer, four-seat eFlyer 4, and eight-seat eFlyer 800, targeting dramatically lower operating costs and zero emissions for flight training and air taxi markets.
Verified record
- Verified deployments
- None on file
- Active incidents
- None on file
Valuation of record
Company-claimedPriced roundVenture post-money
Key facts
Founded
Certification
Orders
Operating costs
Recharge
First flight
Safety
CEO
Founder
Chairman & CTO
Order book
Launch customer
Key suppliers
Certification target
Data & sources
Web sources
2
2 sources backing this record.View all →
Models (1)
View all models →Partnerships
Every company Bye Aerospace has built with, alongside the ones only announced in a press release.
Most-frequent partners
- 1magniX1× joint
Most recent
- Bye Aerospace x magniX2025-10-28with magniXoperating
Bye Aerospace on the deployment map
View the global mapBye Aerospace has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.
No verified deployments for Bye Aerospace on the DEPLOY record yet. Track Bye Aerospace to know the moment the first one is verified.
Relationships
Current leadership (2)
- George E. Bye Founder & Chairman & CTO, Chief Technology Officersecondary-verified
- Rod Zastrow CEO & Presidentsecondary-verified
Founders (1)
- George E. Byecofounderno longer at company
Safety record
No incidents on record for Bye Aerospace.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
Bye Aerospace in third-party press
Peers
56 peers across 1 segment. Every Bye Aerospace competitor derived from shared form-factor and application-domain edges.
space(56)
36 companies in this segment · low_concentration (HHI 1188.742650389188) · leader K2 Space at 2172%
- Aetherfluxdirect competitor(inferred)moderate
- Agile Space Industriesdirect competitor(inferred)moderate
- Airbusdirect competitor(inferred)moderate
- Albedo Spacedirect competitor(inferred)moderate
- Astrobotic Technologydirect competitor(inferred)moderate
- Astroscaledirect competitor(inferred)moderate
Financial state
- Total funding
- $15.0M
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- early
- Counterparty risk class
- unknown
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
1 total · 1 operating
Every company Bye Aerospace has built with, alongside the ones only announced in a press release.
Most recent
- Bye Aerospace x magniX2025-10-28with magniXoperating
Most-frequent partners
- 1magniX1× joint
Funding rounds (3)
Bye Aerospace’s 3 disclosed rounds, $15M in total, oldest to newest.
- Venture2020-08-13
$5M(reported) · $25M post
- Strategic2020-01-01
$5M(reported) · $40M post
- Series C2018-02-06
$5M(reported) · $50M post
Investors: Galileo Global Securities (lead), Ashanti Capital (co_lead)
Timeline
Every recorded move in Bye Aerospace’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.
New supplierNew supplier: Toray Industries
2026-08-22Supply: component from Toray Industries
New supplierNew supplier: Garmin
2026-08-22Supply: component from Garmin
New supplierNew supplier: Safran
2026-08-22Supply: component from Safran
PartnershipBye Aerospace x magniX
2025-10-28Bye Aerospace selected magniX's Samson battery modules to power its eFlyer 2 prototype. magniX provides battery systems with industry-leading energy density and over 1,000 full-depth discharge cycles, supporting Bye Aerospace's goal of 2-hour training missions with 30-minute reserve.
Funding roundVenture funding round
2020-08-13Venture raising $5000000
Funding roundStrategic funding round
2020-01-01Strategic raising $5000000
Funding roundSeries C funding round
2018-02-06Series C raising $5000000
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdAug 17, 2026
Added to the verified registry
Sources (2)
Common questions
What is Bye Aerospace?
What does Bye Aerospace make?
Is Bye Aerospace publicly traded?
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Who is the CEO of Bye Aerospace?
How can I invest in Bye Aerospace?
Where is Bye Aerospace headquartered?
How much funding has Bye Aerospace raised?
Who owns Bye Aerospace?
Where does Bye Aerospace operate robots?
Is Bye Aerospace a top robotics company?
Is Bye Aerospace safe?
Methodology: Verified · 2 sources (no primary) · last reviewed 2026-08-21
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-21
Sources by quality tier
- 2
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Bye Aerospace.Peer companies
- Amazon25 models
- Anduril Industries7 models
- DJI7 models
- Skydio6 models
- SIYI Technology5 models
- Autel Robotics4 models
In the press
Recent coverage mentioning Bye Aerospace from third-party publications. Automatically surfaced; not part of the verified registry record.
Bye Aerospace eFlyer 2 Completes First Flight
All-electric aircraft launches flight test program aimed at reducing pilot training costs and emissions.
Bye Aerospace eFlyer 2 cleared to begin flight testing
A Special Airworthiness Certificate clears Bye Aerospace’s all-electric eFlyer 2 trainer to start its flight-test program Continue reading Bye Aerospace eFlyer 2 cleared to begin…
Bye Aerospace Reveals Electric Airplane Suppliers
Bye Aerospace revealed suppliers for the eFlyer 2 including Safran motor, magniX batteries, Sensenich propeller, and Garmin avionics, with 1,124 aircraft on order.
magniX Samson Batteries to Power Bye Aerospace's eFlyer Prototype Training Aircraft
Bye Aerospace ordered magniX Samson batteries for its eFlyer 2 prototype, scheduled for first flight in early 2026.
Bye Aerospace closes 0 million in funding
Bye Aerospace completed 0 million in funding (M strategic + M venture), enabling work on Serial #001, the first production-conforming eFlyer 2.
Quantum to purchase 26 eFlyers from Bye Aerospace
Los Angeles-based air taxi operator Quantum Air signed a purchase agreement for 26 Bye Aerospace eFlyer electric aircraft.
Bye Aerospace Closes Series C Funding Round
Bye Aerospace closed a million Series C financing round with participation from Galileo Global Securities and Ashanti Capital.
Machine-readable surfaces
- Markdown mirror: /companies/bye-aerospace.md
- RSS feed: /companies/bye-aerospace/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/5d4868b3-fcf2-4dc2-8a2b-a825d8910e39
- Revision history: /companies/bye-aerospace/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Amazon25 models
- Anduril Industries7 models
- DJI7 models
- Skydio6 models
- SIYI Technology5 models
- Autel Robotics4 models
Video
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Heat Index
Category contender77/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
Bye Aerospace draws attention at the 71st percentile but verifies reality at the insufficient-data level among aerial robots.
6-month trend
Analysis
Funding runway warrants monitoring: last known round 75 months ago.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Oct 2, 2026