Venture Capital

Tech Moves: Magnix Ceo Named Chair Of Israeli Electric Plane Venture; Cascadia Capital Hires Managing Director – Geekwire

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— Roei Ganzarski, the CEO of Redmond, Wash.-based electric propulsion startup MagniX, is the new chairman of the board at Israeli electric plane company Eviation. MagniX and Eviation are partnering to develop the Alice all-electric airplane, a nine-seater that could roll out commercially in 2022. Eviation is also gearing up for manufacturing and testing, with ground tests planned in Arizona and flight tests primarily targeted for Moses Lake, Wash. Both MagniX and Eviation are owned by the Clermont Group, a privately held business group based in Singapore.

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