Electric aircraft developer magniX moves HQ to Everett
EVERETT — Snohomish County’s airspace is beginning to hum — ever so quietly — with new electricity.
Two aerospace companies, both working to develop fully electric aircraft, have moved in.
The county could become the center of aviation’s next electrifying advance.
magniX, which is building electric motors to power aircraft, has consolidated its Redmond headquarters and a research facility in Australia under one roof, a 44,000-square-foot building near Paine Field.
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Roughly half the cost of operating an airline is related to fuel and engine maintenance, according to data firm OAG.
Using standard aviation fuel, it costs about $300 to $400 an hour to operate a commuter airplane. By comparison, the cost to operate an electric plane is about $20 an hour, the price of a few lattes, Ganzarski said.
https://www.heraldnet.com/business/electric-aircraft-developer-magnix-moves-hq-to-everett/