Maglev Aero

Maglev Aero

Electric propulsion platform for eVTOL aircraft

Overview

MagLev Aero develops an electric propulsion platform for the advanced air mobility market, focusing on the MagLev HyperDrive™, a rim-driven, annular rotor propulsion system for eVTOL aircraft. The system uses a circular magnetic levitation mechanism and a passive magnetic bearing to suspend and drive many blades without a central shaft. This distributed propulsion design aims to reduce blade loading and noise while increasing safety, since propulsion is spread across multiple components and can continue operating if some units fail. The company sells its propulsion system to aircraft OEMs rather than building its own aircraft, targeting both unmanned cargo drones and passenger eVTOLs, and pursuing partnerships such as with XTI Aerospace and GE Additive. MagLev Aero plans a subscale technology demonstrator for 2025–2026 and aims to help make urban and regional air mobility quieter, more efficient, and easier to integrate from a system level.

About Maglev Aero

Simplify's Rating
Why Maglev Aero is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Robotics & Automation

Hardware

Industrial & Manufacturing

Aerospace

Company Size

11-50

Company Stage

N/A

Total Funding

$13.1M

Headquarters

Boston, Massachusetts

Founded

2018

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Simplify's Take

What believers are saying

  • NASA awarded MagLev $149,768 on September 19, 2025 for HYDRATE through March 27, 2026.
  • DARPA selected MagLev in 2025 EEI, and it hired manufacturing staff August 4, 2026.
  • LinkedIn showed 11-50 employees on August 12, 2026, suggesting a functioning engineering team.

What critics are saying

  • MagLev still targets subscale demonstrators in 2025-2026, so flight proof remains unbuilt.
  • XTI's pre-order is non-binding; a failed integration test kills the only visible commercial path.
  • Aerospace certification for novel magnetic propulsion is existentially risky; years of testing can exhaust funding.

What makes Maglev Aero unique

  • MagLev's HyperDrive uses rim-driven magnetic levitation, targeting quieter, safer eVTOL propulsion than helicopters.
  • The company sells propulsion modules to OEMs, avoiding capital-intensive aircraft manufacturing and certification.
  • XTI's July 3, 2025 MOU and 100-unit pre-order validate its supplier-first model.

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Funding

Total Funding

$13.1M

Above

Industry Average

Funded Over

2 Rounds

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Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-4%

2 year growth

-12%
PR Newswire
Jul 3rd, 2025
XTI Aerospace Collaborates with MagLev Aero on Transformational Electric Propulsion System

XTI Aerospace collaborates with MagLev Aero on transformational electric propulsion system.

Castle Placement
Feb 20th, 2025
Top 10 Aerospace Capital Raises in the U.S. - February 1st - 15th, 2025

Maglev Aero, developer of an eVTOL (electric vertical take-off and landing) aircraft management platform designed to optimize mobility and connectivity, raised $2.50 million in Seed-2 funding.

The Boston Globe
Nov 9th, 2023
Programs that boost Black-led businesses could face legal backlash

Randall's company Maglev Aero has raised about $10 million to develop the motor, which uses electromagnets rather than mechanical bearings.

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