Everett, Wash.-based MagniX will be getting $74.3 million from NASA over the next five years to demonstrate electric propulsion technologies for aircraft.
The fixed-price / cost-share award is being made through NASA’s Electric Powertrain Flight Demonstration program, or EPFD, which aims to introduce electric powertrain technologies to U.S. aviation fleets no later than 2035.
Another company, Cincinnati-based GE Aviation, is being awarded $179 million through the same program.
“This award from NASA is a testament to the fantastic work being done every day by the team at MagniX,” Roei Ganzarski, MagniX’s CEO, told GeekWire in an email. “This program will enable the next-generation commercial aircraft. We are proud to be in the same cohort with a great company like GE.”