RTX Ventures Invests in H55 to Advance Electric Propulsion TechnologiesOctober 13, 2022 | Raytheon Technologies
Estimated reading time: 1 minute
RTX Ventures, the venture capital arm of Raytheon Technologies, has made a minority investment in electric propulsion system company H55 to drive the development of electric aviation solutions. The investment in H55 aligns with Raytheon Technologies' longstanding leadership in the development of innovative and sustainable propulsion technologies.
H55, a Swiss company, is a leading enabler of electric propulsion solutions and battery systems. The team has proven ability in developing, integrating and flight-testing electric propulsion systems, including Solar Impulse, the first solar-powered electric airplane to fly around the world.
"H55 is a key collaborator in our strategy for demonstrating the potential of hybrid-electric propulsion technology, which will be enhanced by this investment from RTX Ventures," said Graham Webb, chief sustainability officer at Pratt & Whitney. "Together, H55 and Raytheon Technologies are advancing new technologies that will help achieve the aviation industry's goal of reaching net zero CO2 emissions by 2050."
As part of this investment, H55 will benefit from RTX Ventures' guidance in supporting H55's plans to accelerate electric propulsion solutions and battery systems. H55 is already working with the company to develop and demonstrate hybrid-electric propulsion technologies. RTX Ventures will also facilitate opportunities to work together on future product development.
"Receiving an investment from RTX Ventures is yet a further recognition of H55's track record, expertise, and potential," said André Borschberg, H55's executive chairman. "With RTX Ventures, H55 will benefit from the potential opportunity to work with Raytheon Technologies on a range of projects that will enable us to intensify our offering, building-out a wide portfolio of products and solutions suitable for many customers and applications across the aviation industry."
Working together, Raytheon Technologies and H55 will advance electric aviation and demonstrate the advantages of adopting sustainable technologies, which are more efficient and cost effective. This collaboration will further enable the development of state-of-the-art clean aviation mobility solutions.
ViTrox, which aims to be the world’s most trusted technology company, is thrilled to announce its return to IPC APEX 2024, the largest electronics manufacturing event in North America. ViTrox eagerly invites visitors to explore our offerings at Booth #2642, Anaheim Convention Center, LA, from April 9th to 11th. During this time, we will unveil a series of cutting-edge inspection solutions poised to revolutionize manufacturing production lines.
Keysight Technologies Chosen as Test Partner for Deutsche Telekom Satellite NB-IoT Early Adopter Program02/29/2024 | Keysight Technologies, Inc.
Keysight Technologies, Inc. has been selected as the Test Partner for the Deutsche Telekom Satellite NB-IoT Early Adopter Program, providing an end-to-end narrowband internet of things (NB-IoT) non-terrestrial network (NTN) testbed to enable designers and developers to validate reference designs for solutions using 3GPP Release 17 (Rel-17) NTN standards.
ViE Technologies proudly introduces VisionXpert Solutions, featuring the Smart Code Readers (XS-Series) — an unrivalled smart code reader solution set to redefine standards in industrial code reading. ViE officially launches the VisionXpert Solution in conjunction with ViTrox’s Industry 4.0 Manufacturing Intelligence Solutions - V-ONE Mars launching event on the 1st of February 2024. This marks a significant milestone in our commitment to pushing the boundaries of vision technology.
Registration is now open for Electrical Wire Processing Technology Expo (EWPTE) an exclusive, free-of-charge* event for the electrical wire harness, wire, coil winding and cable processing industries, to be held at Baird Center May 14-16, 2024, in Milwaukee, Wis.
Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., announced that it has begun production of 1000 units of the next generation (Gen 4) of its RIO™ solar-powered, mobile security solution.