magniX, the company powering the electric aviation revolution, today announced the successful testing of its 350 horsepower (HP) all-electric motor with an aircraft propeller mounted on a Cessna 'Iron Bird'. This milestone takes the company's commercial grade all-electric motors out of test cells and onto a commercial aircraft platform, advancing the future of commercial aircraft propulsion.
Today, fuel accounts for 30 to 50 percent of an airline's operating costs. A price increase of one cent to the gallon creates an additional expenditure of $200 million for U.S. airlines annually. Moreover, emissions created by aviation represent nearly five percent of global human-created CO2. Electric aviation will significantly reduce operating costs for airlines by replacing fuel with electricity, which is much lower cost, and also eliminate airlines' carbon emissions.
"When initially working on this technology, we knew we would be creating incredibly powerful electric propulsion capabilities that aerospace engineers and aircraft designers could use to foster a culture of lower cost, cleaner and sustainable transport solutions," said David Sercombe, Chief Design Engineer for magniX. "From design to prototype, dyno test cell success to now turning an aircraft propeller, we are one step closer to powering the future of electric aviation."
magniX projects commercial flights up to 1,000 miles will be conducted via electric aircraft by 2024 and up to 500 miles as early as 2022. With the average U.S. domestic flight averaging ˜800 miles, electric aviation opens the door for connecting communities like never before. In addition to significant cost savings at the operational level, electric will enable the creation of new "middle mile" services and business models for both consumer travel and package deliveries in the 100- to 1,000-mile range.
"Our team of engineers has been diligently working toward this critical milestone and today we take the next step in leading the aviation industry into its next revolution," said Roei Ganzarski, CEO of magniX. "At magniX, it is the enhanced connecting of communities that we focus on because that is what will push us as an industry to transform aviation into its ultimate form – zero reliance on fossil fuel and zero emissions. With this milestone we bring the industry one step closer to fulfilling that vision."
In the next 12 months, magniX is focused on advancing its propulsion solutions, including the release of its 750HP propulsion system debuting on a Cessna 208 Caravan by Fall 2019.
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