LMV accelerates sustainable aviation with investment in high performance electric motor manufacturer H3X

Read the full story from Environment + Energy Leader.

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.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.