Aviation Week · Jul 2026
Odys signed an MOU to develop a hybrid-electric power system for ST Engineering's DrN-600 cargo UAS.
Vertical takeoff and landing aircraft for major airlines
Public company, workplace, funding, and market signals
Odys Aviation, formerly Craft Aero/Craft Aerospace, is a Long Beach-based dual-use advanced air mobility company building hybrid-electric VTOL aircraft for defense, logistics, and passenger/civil missions.
Primary product
Long-range hybrid-electric VTOL aircraft platform, especially Laila and Alta
Founded
2021
Headquarters
Long Beach, California, United States
Team size
40-50
Industry
Airlines and Aviation
Sub-industry
Advanced air mobility / hybrid-electric VTOL
Offices
11 jobs at Odys Aviation
Business model
Stage
Series A
Total raised
$43.6M
Latest round
Series A · Oct 2025
Latest amount
$26M
Leadership
CEO
VP, Strategy
VP, Business Development
SVP, Operations
Head of Certification
Chief Engineer
Head of Marketing and Communications
Director of Business Development, Defense
Head of Design Organization
Head of Propulsion
Investors
Engineering-heavy, ambitious, and execution-focused; public messaging emphasizes honest feedback, real critique, data-driven decisions, tenacity, and a balance of audacity with pragmatism.
Compensation
Public careers copy highlights competitive salaries and generous stock options; no broader public compensation bands were found.
Benefits
Pricing
Primarily B2B aircraft sales, with revenue also implied from contracts, customer evaluation programs, and proof-of-concept / launch programs.
Differentiators
Technology
Customers
Competitors
Estimated revenue
≈$4.4M ARR (2024 estimate)
Estimated monthly visits
1.3K
Traffic estimate as of Feb 2026
Aviation Week · Jul 2026
Odys signed an MOU to develop a hybrid-electric power system for ST Engineering's DrN-600 cargo UAS.
Honeywell Aerospace · Mar 2026
Honeywell announced a collaboration with Odys to mount counter-UAS capabilities on Laila for persistent airborne defense of critical infrastructure.
Business Wire · Feb 2026
Odys and Motion Applied said they will integrate the AMPEX MCU-600 SiC inverter platform with Odys high-speed generators to support flight-ready propulsion.
StreetInsider / Business Wire · Oct 2025
Odys closed a $26M Series A led by Nova Threshold to accelerate flight testing, manufacturing readiness, and global launch programs.
Business Wire · Sep 2025
Odys and Oman officials announced a proof-of-concept AAM program centered on Laila and operational launch in Q1 2026.