According to filings with the U.S. Securities and Exchange Commission, H3X Technologies is raising $3,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Jason Sylvestre played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About H3X Technologies
H3X manufactures high performance integrated motor drives for electric aircraft. Our first product, the HPDM-250, is a 250kW integrated motor drive in a 15kg package. We are a team of multidisciplinary engineers brought together with the sole purpose of developing the most advanced electric aircraft propulsion systems in the world to enable sustainable aviation. For electric aircraft to be commercially feasible, substantial improvements need to be made to electric propulsion system technology. Today, best-in-class motors and inverters have a combined power density of 3-4 kW/kg. ARPA-E has determined that for a Boeing 737 to complete a typical five hour flight, the propulsion system must be >12 kW/kg continuous. We have the solution. At 12 kW/kg continuous, the HPDM exceeds ARPA-Es requirements and is at least 3X better than current systems. It is a step change in electric propulsion technology and removes one of the main barriers blocking widespread commercialization of electric aircraft.

To learn more about H3X Technologies, visit http://www.h3x.tech/

Contact:
Jason Sylvestre, Chief Executive Officer
952-913-7232
https://www.linkedin.com/in/jason-sylvestre/

SOURCE: http://www.intelligence360.io
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