Insights

NASA Partnerships magniX secured a $74.3 million agreement with NASA in 2021 to advance Electrified Aircraft Propulsion technologies, which opens up opportunities for collaboration with other aerospace organizations involved in the electrification of aviation.

Recent Expansions Recent partnerships with industry players like De Havilland, Air Tindi, and H55 Canada Inc. demonstrate magniX's growth in retrofitting electric powertrains for various aircraft, indicating potential avenues for offering products and services to different fleet operators.

Key Personnel Acquisitions The hiring of executives like Tim Allen as VP of Sales and Marketing and Robbie Bourke as Head of Aerospace Business signals a focus on sales and business development, presenting an opportunity to leverage their expertise to drive future revenue growth.

Industry Recognition magniX's recognition as the Most Innovative Company in Energy by Fast Company and its receipt of the Frost & Sullivan Technology Innovation Leadership Award can be leveraged for enhancing the company's brand reputation and credibility, potentially attracting more clients seeking cutting-edge aviation solutions.

Partnerships with Technology Providers Collaborations with companies like Universal Hydrogen Co., AeroTEC, and Plug Power indicate a willingness to engage in technology partnerships, offering a chance for magniX to explore joint sales opportunities or co-develop innovative solutions for the aviation industry.

magniX Tech Stack

magniX uses 8 technology products and services including Unpkg, SAP ERP, Twitter Emoji (Twemoji), and more. Explore magniX's tech stack below.

  • Unpkg
    Content Delivery Network
  • SAP ERP
    Enterprise Resource Planning
  • Twitter Emoji (Twemoji)
    Font Scripts
  • Microsoft Azure
    Platform As A Service
  • JSON
    Programming Languages
  • reCAPTCHA
    Security
  • UIKit
    UI Frameworks
  • MediaElement.js
    Video Players

Media & News

magniX's Email Address Formats

magniX uses at least 1 format(s):
magniX Email FormatsExamplePercentage
First.Last@magnix.aeroJohn.Doe@magnix.aero
50%
First.Last@magnix.aeroJohn.Doe@magnix.aero
50%

Frequently Asked Questions

Where is magniX's headquarters located?

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magniX's main headquarters is located at Seaway Blvd Everett, Washington 98203 US. The company has employees across 3 continents, including North AmericaOceaniaEurope.

What is magniX's official website and social media links?

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magniX's official website is magnix.aero and has social profiles on LinkedIn.

How much revenue does magniX generate?

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As of August 2024, magniX's annual revenue reached $15M.

What is magniX's NAICS code?

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magniX's NAICS code is 3364 - Aerospace Product and Parts Manufacturing.

How many employees does magniX have currently?

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As of August 2024, magniX has approximately 108 employees across 3 continents, including North AmericaOceaniaEurope. Key team members include Chief Executive Officer: R. M.Chief Executive Officer: R. G.Chief Financial Officer: J. C.. Explore magniX's employee directory with LeadIQ.

What industry does magniX belong to?

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magniX operates in the Aviation and Aerospace Component Manufacturing industry.

What technology does magniX use?

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magniX's tech stack includes UnpkgSAP ERPTwitter Emoji (Twemoji)Microsoft AzureJSONreCAPTCHAUIKitMediaElement.js.

What is magniX's email format?

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magniX's email format typically follows the pattern of . Find more magniX email formats with LeadIQ.

How much funding has magniX raised to date?

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As of August 2024, magniX has raised $74M in funding. The last funding round occurred on Sep 30, 2021 for $74M.

When was magniX founded?

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magniX was founded in 2009.
magniX

magniX

Aviation and Aerospace Component ManufacturingWashington, United States51-200 Employees

Our vision is to be the world's most trusted electric solutions company. We are revolutionizing how the world connects by transforming how aircraft are powered.

magniX is enabling a new era of aviation with powerful, efficient, all-electric propulsion units (EPUs) and is one of the only companies that has proven its technology in flight. We powered the first all-electric seaplane with the flight of Harbour Air’s eBeaver, and electrified a Cessna Grand Caravan. We have signed numerous deals with industry leading organizations including NASA, Surf Air, Flapper, Tier 1 (for Lung Biotechnology) and more.

NASA awarded magniX $74.3 million in 2021 to rapidly advance Electrified Aircraft Propulsion (EAP) technologies through ground and flight-testing demonstrations over five years. As part of this NASA Electrified Powertrain Flight Demonstration (EPFD) project, we’re working with AeroTEC and Air Tindi to accelerate electric flight technologies for commercial aviation.

magniX is on the leading edge of innovation. Fast Company recognized magniX as the Most Innovative Company in Energy, and we were the recipient of the Frost & Sullivan Technology Innovation Leadership Award.

We credit our values as the driving force behind our accomplishments. We are a team with a family spirit, we are all in all the time, we do the right thing even when it's hard, and we are curious, transparent and consistent. magniX has a strong and inclusive culture, marked by the spirit of our people and the community we form together. 

We are taking our technology and products to market, and are looking for passionate team members to help us usher in a new era of aviation.

Section iconCompany Overview

Headquarters
Seaway Blvd Everett, Washington 98203 US
NAICS Code
3364 - Aerospace Product and Parts Manufacturing
Founded
2009
Employees
51-200

Section iconFunding & Financials

  • $74M

    magniX has raised a total of $74M of funding over 1 rounds. Their latest funding round was raised on Sep 30, 2021 in the amount of $74M.

  • $10M$50M

    magniX's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $74M

    magniX has raised a total of $74M of funding over 1 rounds. Their latest funding round was raised on Sep 30, 2021 in the amount of $74M.

  • $10M$50M

    magniX's revenue is in the range of $10M$50M

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