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Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation, has invested in H3X Technologies, a company that designs and manufactures advanced electric motors for sustainable aviation and high-performance applications. H3X has raised a total of $9M, which will be used to accelerate technology development and commercialization of their HPDM family of integrated motor drives and to scale up their new headquarters facility in Louisville, Colorado for production.
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