H3X scales up its electric aerospace ambitions with $20M in new funding

Quick Summary:

Many industries that rely on legacy energy sources are aiming to electrify or at least streamline their operations, but for countless use cases the tech just isn’t there.

The marine side is another promising growth area, with much of the industry pushing to decarbonize or at least minimize reliance on the aging diesel engines that power so much of shipping and passenger traffic on the water.

H3X is changing the game with electric motors so compact and efficient that the aerospace and marine world — not to mention investors — are taking notice.

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Article Details

Author / Journalist: Devin Coldewey

Category: Technology

Markets: United StatesIndiaSaudi Arabia

Topics: Startups Transportation Hardware

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 11:45:00 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1666 words

Reading Time: 10 minutes read

Sentences: 67 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21956261

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