magniX

United States
Melba, Idaho, United States

Company profile

magniX company profile

magniX has developed a family of flight proven electric propulsion units (EPUs) and energy storage systems (ESS) for commercial aviation. ESS options include high density batteries and hydrogen fuel cells. magniX powered the all-electric flight of a modified Robinson R44 helicopter. The battery-electric retrofit was sponsored by United Therapeutics — a biotechnology company on a mission to develop a fleet of zero-emissions rotorcraft to deliver life-saving transplant organs to hospitals. magniX was established on January 1, 2009 in Redmond, Washington.

Business identity

Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$1M-$10M
Founded
2009-01-01

Headquarters

Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
1
Last funding
Grant / $74.3M / 2021-09-30
Investors
1
Lead investors
1
Articles
30

Founders and investors

Lead investors

NASA

Investors

NASA