Electric Motor Startup H3X Raises $20 Million With Additional Funding From Lockheed Martin

H3X's HPDM-30 motor that weighs four kilograms and and generate 33 kilowatts of continuous power. Photo: H3X

By Cal Biesecker |
@calvinb21
10 hours ago |
08/06/2024

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H3X, an electric propulsion technology startup developing high-power density motors for a range of applications, on Tuesday said it has raised $20 million in an early-stage round, including a follow-up investment from Lockheed Martin [LMT].

“This funding round…

Electric Motor Startup H3X Raises $20 Million With Additional Funding From Lockheed Martin

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