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Commercially viable electric flight / an eco-investor protecting an electric motor startup

Electric is still a ways off, given that battery power is much less efficient relative to volume, weight and size than aviation fuel. And important innovations are occurring.

https://fortune.com/2019/12/10/electric-powered-commercial-airplane-makes-history/

Interesting note on the investment approach: Richard Chandler of Singapore, as reported in Fortune:

Both Eviation and magniX are owned by Singapore-based Clermont Group, whose owner, Richard Chandler, has a reputation for making long-term investments. Clermont is fully bankrolling magniX, saving the motor maker from depending on uncertain fundraising cycles, Ganzarski says.

http://Both Eviation and magniX are owned by Singapore-based Clermont Group, whose owner, Richard Chandler, has a reputation for making long-term investments. Clermont is fully bankrolling magniX, saving the motor maker from depending on uncertain fundraising cycles, Ganzarski says.

 

 

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