magniX

magniX is an electric motor manufacturer specializing in electric propulsion for aircraft, headquartered in Everett, Washington...

Facts

HQ
Everett, Wash.
Sectors
Aerospace, Electric propulsion, Clean energy

Hydrogen Aviation Startup ZeroAvia Scales Back U.S. Operations, CEO and Several Executives Depart Amid Strategic Shift

ZeroAvia, a hydrogen aviation startup backed by Bill Gates and Amazon, has scaled back its ambitions by ceasing most operations in Washington and California, shifting product development to the UK, and experiencing executive departures, including CEO Val Miftakhov. Despite these setbacks, the company maintains its mission to advance hydrogen-electric powertrains for aviation and seeks to adjust its pace and focus according to market conditions.

ZeroAvia opens R&D center at Everett’s Paine Field; $5.5M refit and $350K Washington grant support hydrogen-electric powertrain work

ZeroAvia is opening an R&D center at Everett’s Paine Field near Seattle to develop hydrogen-electric aircraft powertrains, with plans to begin customer rollouts in 2024 and potentially build a North American manufacturing hub there. The Paine Field site converts warehouse space into offices and labs, received a $350,000 Washington grant, and will employ 20–30 people initially while ZeroAvia pursues larger-scale manufacturing and powertrains for bigger aircraft.

Amazon’s $2B Climate Pledge Fund Invests in Hippo Harvest and Amogy to Cut Grocery and Shipping Emissions

Amazon’s $2 billion Climate Pledge Fund has invested in two climate tech startups — Hippo Harvest, which develops closed-loop greenhouse systems using robotics and ML to cut water use and emissions, and Amogy, which converts ammonia into power for heavy transport — part of Amazon’s push to reach net zero by 2040. The moves aim to reduce emissions across Amazon’s grocery stores and shipping operations amid rising company emissions.

Sally Jewell named Edward V. Fritzky chair at UW Foster; Riveter CEO Amy Nelson relocates to Columbus; other exec moves

A roundup of leadership moves: former Interior Secretary Sally Jewell will be the Edward V. Fritzky endowed chair at UW Foster School for 2021–22; Riveter CEO Amy Nelson is relocating to Columbus but will remain with the company; and several other executives (including Jeff Blackburn, Randy Tinseth, and Vinayak Hegde) are taking new roles or joining boards.

Bill Gates’ Breakthrough Energy Ventures invests $24.3M in ZeroAvia, lifting private funding past $53M

Bill Gates’ Breakthrough Energy Ventures led a follow-up $24.3 million investment in ZeroAvia’s hybrid hydrogen-electric aircraft powertrains, joining prior investors and bringing the company’s total private funding to more than $53 million and nearly $74 million including grants. ZeroAvia plans a 19-seat hydrogen-electric demonstration by 2023, commercialization of a 600 kW powertrain in 2024, and a 2 MW program targeting 50+ seat aircraft by 2026.

MagniX Moves Into 40,000 sq ft Everett Plant to Build Motors for Eviation’s All‑Electric Alice, Targets Summer Test Flights

MagniX has relocated its operations into a new 40,000-square-foot manufacturing facility in Everett, Washington, to produce electric motors for the all-electric Eviation Alice commuter aircraft, with work starting within weeks. The company aims to have the first MagniX-powered Alices ready for summer test flights and is hiring several dozen workers as it consolidates operations near Eviation's Arlington plant.

Roei Ganzarski

Roei is CEO of magniX, an electric propulsion technology company, poised to disrupt the aerospace industry with its advanced electric engines that will enable transportation capabilities and services never possible before. We dig into Roei's leadership style, and learn about how his experiences in the military, corporate finance, and time at the Boeing Company and Bold IQ all brought him to wear he is today. See omnystudio.com/listener for privacy information.

MagniX and Universal Hydrogen to Retrofit Dash 8s with 2 MW Hydrogen Fuel-Cell Electric Propulsion, Cutting Capacity to 40 Seats

MagniX is partnering with Universal Hydrogen to retrofit de Havilland Canada DHC8-Q300 (Dash 8) regional aircraft with hydrogen fuel-cell–powered, 2-megawatt-class electric propulsion systems, reducing capacity from 50 to 40 seats. The program could extend to ATR 42 family retrofits and complements MagniX’s existing work on smaller all-electric aircraft.

GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate

GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."

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