H55 raises CHF 65 million to finalize world’s first EASA-certified electric propulsion battery
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H55 has closed a CHF 65 million Series C round, including funding from the Government of Québec. The capital will advance its efforts to secure EASA (European Union Aviation Safety Agency) certification for the world’s first electric propulsion battery pack by late 2024.
H55 focuses on electric propulsion, battery packs, and energy management for aviation. The company recently closed a CHF 65 million Series C funding round, enabling it to meet EASA certification for its battery packs by year-end and prepare for integration into CS-23 aircraft by early 2025. EASA approved H55’s Energy Storage System Compliance Check List in March 2024, affirming its safety and performance.The Series C round includes investment from the Government of Quebec through Investissement Québec, supporting H55’s North American expansion, including manufacturing in Montreal and partnerships with Pratt & Whitney Canada, CAE, and Harbour Air. With this funding, H55 is set to advance electric aviation and thanks its investors and partners for their support.
H55 was ranked among the TOP 100 Swiss Startups in 2018 and 2019.
H55 team: Carine De La Sayette (Head of Programs), Emmanuelle Doux (Head of Human Resources), Lawrence Blakeley (COO), Stéphane Fallot (Head of Finance), Martin Larose (CEO), André Borschberg (Co-Founder and Executive Chairman), Sebastien Demont (Co-Founder & CTO), and Gregory Blatt (Co-Founder & Chief Sales Marketing Officer)
H55 AG: Electric propulsion technologies
H55 focuses on the entire propulsion chain starting from the energy source and its management, right through thrust and power, as well as pilot interface and all control systems. H55 ‘s electric demon... Read more
