MagniX CEO Roei Ganzarski shows off a drum-sized, 350-horsepower electric motor that will soon be hooked up to an airplane propeller at the company’s lab in Redmond, Wash. (GeekWire Photo / Alan Boyle)More

REDMOND, Wash. — An electric-propulsion company called MagniX shifted its headquarters from Australia to Redmond just a few months ago — but it’s already revving up for takeoff.

The venture, owned by Singapore-based Clermont Group, is on track to conduct its first flight tests with an all-electric motor installed in a converted plane by the end of the year, CEO Roei Ganzarski told GeekWire this week during a tour of MagniX’s digs.

The two-story office space in Redmond already houses more than 15 employees, and Ganzarski plans to hire 20 more in the next

Read More At Article Source | Article Attribution