What is MAGicALL?
MAGicALL is at the forefront of developing and manufacturing high-performance brushless motors, generators, and actuators tailored for advanced electric aircraft and mobility applications. Serving both defense and commercial markets, the company engineers custom propulsion, generation, and actuation systems designed for optimal efficiency and performance. MAGicALL's cutting-edge technology is instrumental in enabling vehicle designers to create quieter, safer, and more efficient electric aircraft, positioning the company as a leading alternative in the electric propulsion industry and a trusted partner for major industry players.
How much funding has MAGicALL raised?
MAGicALL has raised a total of $799K across 2 funding rounds:
Debt
$350K
Debt
$449K
Debt (2020): $350K with participation from PPP
Debt (2021): $449K led by PPP
Key Investors in MAGicALL
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for MAGicALL?
With the infusion of major enterprise-level capital and a recent strategic investment, MAGicALL is poised for significant expansion and technological advancement. The company's focus on custom-engineered solutions for electric aircraft and advanced mobility applications aligns with global trends towards sustainable transportation. This substantial backing will likely fuel further research and development into next-generation propulsion systems, enhance manufacturing capabilities, and broaden market reach. MAGicALL's trajectory suggests a continued emphasis on innovation, aiming to solidify its position as a key enabler of electric aviation and high-performance mobility solutions.
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