magniX has appointed Reed Macdonald as chief executive officer, to lead the company as it readies its revolutionary electric powertrains for entry into service.

Macdonald, with more than 25 years' experience in aerospace, finance, defense and manufacturing, has held several board and senior executive roles, including CEO and board member at electronics equipment manufacturer FDS Avionics. He also brings deep financial and commercial experience to the CEO role, having led investments in companies across diverse sectors.

magniX is the only company to have powered groundbreaking flights by five different aircraft, including the maiden flight of Eviation's Alice all-electric commuter aircraft, and the longest and highest altitude flights by a hydrogen electric plane. In April, the company received a Letter of Intent from North America's largest seaplane airline, Harbour Air, for 50 magni650 engines.

"It is an exciting time for magniX as its groundbreaking technology takes giant leaps toward making zero emissions flight a commercial reality," says Macdonald. "I look forward to working with the magniX team to bring our industry-leading electric powertrains to the marketplace and to accelerate the transition to sustainable aviation."

"magniX is entering a significant new phase in our game-changing technology's progress toward entry into service," adds chairman John Saabas. "Reed's commercial experience and expertise are well-suited to steward magniX through this chapter in our journey to change the future of aviation."