magniX announced it has been recognized as the No. 1 company in the energy category of Fast Company´s list of the World´s Most Innovative Companies, the company said.
magniX was recognized for leading the way in decarbonizing commercial aviation.
Fast Company´s editors and writers sought out the most groundbreaking businesses on the planet. The list honors the businesses making the most profound impact on both industry and culture.
In June 2019, magniX unveiled the world´s most advanced electric propulsion systems for commercial aircraft focused on the Middle-Mile, with the all-electric 750-horsepower magni500 electric propulsion system, the 375-horsepower magni250 electric propulsion system, and the magniDrive, an aerospace-grade multi-application inverter. The electric propulsion systems produce zero emissions and will enable the reduction of aircraft operating costs by up to 80 percent.
magniX also announced three flying platforms with Eviation, AeroTEC and Harbour Air, positioning the company as the leader in the electric aviation revolution. The first flight of the all-electric Beaver aircraft that took place December 10, 2019 with Harbour Air signaled the first step in the electric aviation revolution.
In 2020, magniX will fly two additional all-electric aircraft including a Cessna Grand Caravan 208B, a Middle-Mile aircraft and the Eviation Alice, a newly designed nine-passenger all-electric plane.
magniX, is eadquartered in Redmond, WA with engineering facilities in Redmond and in Australia. The company is dedicated to connecting communities by enabling an era of clean and affordable commercial air travel with all-electric propulsion.
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