What is H55?
H55 is a specialized aerospace technology firm dedicated to the development of certified electric propulsion systems. By focusing on both new aircraft designs and retrofit solutions, the company addresses the critical need for sustainable aviation. Their flagship project, the Bristell B23 Energic, serves as a benchmark for electric pilot training, demonstrating the viability of battery-powered flight. H55 operates at the intersection of high-performance engineering and environmental stewardship, positioning itself as a key supplier for OEMs and operators striving to meet net-zero emissions targets by 2050.
How much funding has H55 raised?
H55 has raised a total of $123.1M across 2 funding rounds:
Series C
$49.6M
Series C
$73.5M
Series C (2023): $49.6M with participation from ND Capital, RTX, and Tippet Venture Partners
Series C (2024): $73.5M led by Investissement Quebec
Key Investors in H55
Investissement Quebec
A Quebec-based investment corporation that provides financial solutions including loans and equity to foster economic development and job creation.
ND Capital
A Swiss-based investment firm focused on providing capital to high-potential enterprises within the financial and industrial sectors.
RTX
A global aerospace and defense leader providing advanced systems and services, including electric power generation and management for commercial and military aviation.
What's next for H55?
With the recent infusion of capital, H55 is poised to scale its manufacturing capabilities and expand its market reach. The strategic focus will likely shift toward the industrialization of its propulsion technology, ensuring that its systems meet the rigorous certification standards required for commercial and regional aviation. As the industry faces increasing pressure to reduce its carbon footprint, H55's ability to provide reliable, efficient, and scalable electric solutions will be central to its long-term growth trajectory. The company is expected to leverage these funds to deepen its partnerships with global aerospace leaders, further cementing its role as a critical enabler of the electric aviation transition.
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