H3X Technologies

Saint Louis Park, United States Founded: 2020 • Age: 6 yrs
Motor drives for electric aircraft propulsion are developed.
Annual revenue - Latest available
Total funding $26.0M 6 rounds
Employees - Tracked headcount
Investors 18 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About H3X Technologies

H3X Technologies is a company based in Saint Louis Park (United States) founded in 2020 by Max Liben. H3X Technologies has raised $26.01 million across 6 funding rounds from investors including Lockheed Martin, Hanwha and Infinite Capital. H3X Technologies offers products and services including HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30. H3X Technologies operates in a competitive market with competitors including Whisper Aero, Greenjets, Kite Magnetics, Nautical Wings Aerospace and Dovetail Electric Aviation, among others.

  • Headquarter Saint Louis Park, United States
  • Founders Max Liben
  • Sectors
    Aerospace, Defense & Maritime
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  • Legal Name H3x Technologies Inc
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $26.01 M (USD)

    in 6 rounds

  • Latest Funding Round
    $20.33 M (USD), Series A

    Mar 04, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of H3X Technologies

H3X Technologies offers a comprehensive portfolio of products and services, including HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30.

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Primary

33kW motor for aerospace and defense applications

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Motor for marine propulsion systems

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140kW motor for heavy industry uses

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350kW motor for multisector applications

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Genset for power generation in various sectors

People of H3X Technologies

Headcount 1-10
Employee Profiles 12
Employee Profiles
People
Jason Sylvestre
Chief Executive Officer
People
Max Liben
Chief Technology Officer
People
James Swanke
Senior Motor Design Engineer
People
Ishaan Bhimani
Power Electronics Engineer

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Funding Insights of H3X Technologies

H3X Technologies has successfully raised a total of $26.01M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $20.33 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in H3X Technologies

H3X Technologies has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Lockheed Martin, Hanwha and Infinite Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Crypto and deep tech investments are made by Infinite Capital.
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Early-stage tech startups are invested in across key sectors.
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VC firm investing in the US
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Investor details for H3X Technologies

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Investments & Acquisitions by H3X Technologies

Investments
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Investment portfolio details for H3X Technologies

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Financial Statements - H3X Technologies

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Detailed financials for H3X Technologies

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H3x Technologies Comparisons

H3X Technologies Primary company
Description
Motor drives for electric aircraft propulsion are developed.
Location
Saint Louis Park, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for H3X Technologies

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Competitors of H3X Technologies

H3X Technologies 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, Greenjets, Kite Magnetics, Nautical Wings Aerospace and Dovetail Electric Aviation, among others.

Company Name Domain Founded year HQ Location Description
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Electric aircraft, drones, and propulsion systems are designed and developed.
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Quiet, safe electric propulsion systems for aircraft are developed.
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Electric propulsion systems for aircraft are designed and manufactured.
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Provider of design and manufacturing solutions for advanced propulsion systems
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Manufacturer of electric propulsion engines
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Detailed competitors of H3X Technologies

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Latest news on H3x Technologies

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Complete news archive for H3X Technologies

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Frequently Asked Questions about H3X Technologies

H3X Technologies was founded in 2020 and raised its 1st funding round 1 year after it was founded.

H3X Technologies is headquartered in Saint Louis Park, United States. It is registered at Saint Louis Park, Minnesota, United States.

H3X Technologies is a funded company, having raised a total of $26.01M across 6 funding rounds to date.

H3X Technologies was founded in 2020 and is based in Saint Louis Park, United States. Integrated motor drives for electric aircraft are produced, featuring electric motors, inverters, copper stator coils, reduced thermal resistance, and SiC power electronics. Retrofitting of existing systems is supported. Applications include long-distance electric vertical take-off-and-landing aircraft, unmanned aerial vehicles, and military jets in the aerospace sector.

H3X Technologies's top competitors include Whisper Aero, Kite Magnetics and Greenjets.

H3X Technologies offers HPDM-30, HPDM-90S, HPDM-140, HPDM-350, and HPDG-30.

H3X Technologies has 18 investors. Key investors include Lockheed Martin, Hanwha, Infinite Capital, Cubit Capital, and Origin Ventures.

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