Published by Todd Bush on September 12, 2022
ST. JOHNS, Newfoundland and Labrador--(BUSINESS WIRE)--Duxion Motors Inc. (“Duxion”) today announced that it has entered into a Memorandum of Understanding (“MOU”) with Dymond Aerospace Inc. (“Dymond”) to supply 200 patented eJet motors™ for use in Dymond’s new fleet of 100 unmanned cargo aircraft.
>> In Other News: SDG&E Hydrogen Pilot Project Aims to Advance CA’s Clean Energy Goals
Under the terms of the MOU, Duxion will supply 20 eJet motors™ per year for ten years starting in 2026 for a total purchase of $500 million CAD. Each eJet motor™ will be built using Duxion’s patented technology incorporating a rim-driven motor which utilizes permanent magnet technology in a novel manner to deliver a world class thrust to weight ratio. The eJet motors™ for this application will be capable of producing 8,000+ lbs of thrust, similar to the thrust produced by the engines of 50-passenger CRJ100 aircraft. Each of Dymond’s aircraft will be outfitted with two Duxion eJet motors™, powered by hydrogen fuel cells.
Duxion will take on a new 70,000 sqft hangar space at Stephenville Dymond International Airport to be utilized for the integration and installation of eJet motor™ propulsion systems. The new facility is sized to have sufficient capacity to perform eJet motor™ retrofits for traditional jet fuel aircraft outside of the Dymond partnership.
“Dymond Aerospace is a terrific partner for Duxion as we share a passion for electrifying the aviation sector with complementary product offerings. Our eJet motor™ technology is a perfect fit for Dymond’s unmanned cargo aircraft with our patented technology providing best in class thrust to weight ratios as well as a low total cost of ownership which is achieved by having relatively few moving parts, high reliability, and with accordingly reduced maintenance expenses,” said Rick Pilgrim, Chairman and Chief Executive Officer of Duxion. “With our ground prototype expected to be completed this Fall, we look forward to a long and successful partnership.”
Founded in 2017, Duxion Motors Inc. is an advanced motor design and manufacturing company developing high power density electric propulsion systems for aviation and marine industries. Our engineers have developed powerful scalable electric systems that accelerate the transition to emission free electric transportation. Our patented eJet motor™ enables jet owners and OEMs to hybridize or fully electrify their existing fleets more quickly and economically.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⚖️ CDR at a Crossroads: Is Private Sector Innovation Enough to Offset Washington's Wobble? 🌱 Exomad Green’s Biochar Field Study Reveals Significant Crop Yield Improvements In Bol...
Inside This Issue 🚀 Climeworks Raises USD 162M to Scale Up Technology 🛠️ DNV Advances Skylark to Enable Safe Scaling of CO2 Pipelines for Carbon Capture and Storage 🍁 Canada’s Rising Role in the G...
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Bayotech Shifts Northern California Hydrogen Hub Development to New Site to Accelerate Impact
Strategic decision enables faster path to clean hydrogen delivery and community investment HOUSTON /PRNewswire/ -- BayoTech, a global leader in hydrogen production and distribution solutions, toda...
Clean-energy Backers Blast US Budget Bill as a Setback
Bill cuts solar and wind tax credits, keeps nuclear and geothermal Energy Innovation projects 300 GW capacity fall due to bill Oil and gas industry praises bill for advancing energy dominanc...
WASHINGTON--"As Congress passes the One Big Beautiful Bill Act today, FCHEA is proud to have played a central role in helping restore the critical Section 45V hydrogen production tax credit. We com...
Next-Gen Construction: 200 & 500kVA Hybrid Fuel-Cell Power USA - English
Elemental Energy launches its latest 200 & 500kVA hybrid hydrogen-BESS solution to optimise power supplies and eliminate combustion generators LONDON, July 3, 2025 /PRNewswire/ -- Elemental En...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.