Duxion signs MOU with Dymond for $500M CAD eJet motor supply

Duxion Motors has entered into a Memorandum of Understanding with Dymond Aerospace to supply 200 eJet motors for 100 unmanned cargo aircraft, valued at $500 million CAD, with deliveries starting in 2026. Duxion will also take on a new 70,000 sqft hangar at Stephenville Dymond International Airport.

“Duxion Motors Inc. today announced that it has entered into a Memorandum of Understanding with Dymond Aerospace Inc. to supply 200 patented eJet motors for use in Dymond’s new fleet of 100 unmanned cargo aircraft.”businesswire.com

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• businesswire.comDuxion Signs $500 Million CAD Memorandum of Understanding for eJet motor ™ OrderSep 12, 2022

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