The CEO of magniX talks about electric airplane propulsion. Also, FAA reauthorization, an initial NTSB report, why bad airline service is profitable, a possible increase in the LSA weight limit, and Air Force contracts for helicopters and the T-38 replacement.
Roei Ganzarski is the CEO of magniX, a company developing high-power-density electric motors for aircraft propulsion.
magniX sees itself as a propulsion company, developing electric motors for existing and future airframes. Roei describes how the electric airplane (or hybrid-electric) offers the prospect of connecting communities through lower costs to fly. In addition to reduced fuel and maintenance costs, electric airplanes benefit from lower emissions.
Roei describes some of the challenges faced, including battery energy density, lifespan, and replacement cost.
magniX is currently testing a 350 hp motor, while the 375 hp and 750 hp production motors are in final design. Flight tests are planned for the second half of 2019, with certification and start of commercial operation in 2022. Beyond that, magniX looks to develop one-megawatt and superconductor motors for very high output per kilogram.
Prior to joining magniX, Roei was CEO of BoldIQ, a global provider of dynamic real-time scheduling optimization software. Under Roei’s leadership, BoldIQ grew from a seed software startup to a profitable multi-million dollar SaaS company.
Before BoldIQ, Roei was Chief Customer Officer for Boeing’s Flight Services division where he led all worldwide customer and market-facing organizations. Other experiences prior to Boeing include private investment banking, corporate finance, advertising, and the military.
Roei is a graduate of Wharton’s Advanced Management Program. He earned an MBA from the University of Washington, and a BA in Economics from The University of Haifa. Roei sits on the board of the Washington Technology Industry Association.
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Outtro by Bruno Misonne from The Sound of Flaps.