Kite Magnetics

Kite Magnetics is an aerospace manufacturing company based in Melbourne, Australia that is enabling electric aircraft to fly up to 15% further by producing the next generation of smaller, lighter and more efficient electric motors. Their motors use a new nanocrystalline magnetic materials technology called Aeroperm™ that was developed at Monash University by founder and CEO Dr. Richard Parsons. They are now developing their first product, a 120 kW electric propulsion solution for 4-seat electric aircraft, which will be ready for delivery to their flight test partners at the end of 2023.