About DuXion
DuXion is a company founded in 2017 by Rick Pilgrim.. DuXion offers products and services including eJet Motor and eJet Marine. DuXion operates in a competitive market with competitors including Whisper Aero, H3X Technologies, ePropulsion, Greenjets and Kite Magnetics, among others.
- Founders Rick Pilgrim
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Sectors
Aerospace, Defense & MaritimeTransportation, Automotive & Logistics
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Products & Services of DuXion
DuXion offers a comprehensive portfolio of products and services, including eJet Motor and eJet Marine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Patented motor for hybridizing aircraft to reduce emissions.
Electric motor for sustainable marine travel and efficiency.
Funding Insights of DuXion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by DuXion
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DuXion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Duxion Comparisons
Competitors of DuXion
DuXion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Whisper Aero, H3X Technologies, ePropulsion, Greenjets and Kite Magnetics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric aircraft, drones, and propulsion systems are designed and developed.
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| domain | founded_year | HQ Location |
Motor drives for electric aircraft propulsion are developed.
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| domain | founded_year | HQ Location |
Electric outboard motors and propulsion systems are distributed globally.
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| domain | founded_year | HQ Location |
Quiet, safe electric propulsion systems for aircraft are developed.
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| domain | founded_year | HQ Location |
Electric propulsion systems for aircraft are designed and manufactured.
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| domain | founded_year | HQ Location |
Provider of design and manufacturing solutions for advanced propulsion systems
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DuXion
When was DuXion founded?
DuXion was founded in 2017.
Who is the current CEO of DuXion?
Rick Pilgrim is the current CEO of DuXion. They have also founded this company.
What does DuXion do?
DuXion was founded in 2017 as a provider of electric propulsion systems targeted at aircraft and marine vessels. Operations focus on integrating fuel efficiency with renewable technologies for e-VTOLs, commercial aircraft, and jet planes. Systems incorporate reduced carbon emissions, high power-to-weight ratios, environmental adaptability, and hybrid cooling. Retrofittable hybrid-electric options are offered for marine applications, supporting aviation and maritime sectors.
Who are the top competitors of DuXion?
DuXion's top competitors include Whisper Aero, H3X Technologies and Kite Magnetics.
What products or services does DuXion offer?
DuXion offers eJet Motor and eJet Marine.