# 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.

- Type: Contract
- Announced: 2022-09-12
- Where: Stephenville, Newfoundland and Labrador, Canada
- Value: $375.0M (500.0M CAD)
- Status: announced
- Products: eJet motors
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Duxion Motors](https://endata.com/companies/65249.md) (supplier)
- [Dymond Aerospace](https://endata.com/companies/65250.md) (customer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20220912005294/en/Duxion-Signs-500-Million-CAD-Memorandum-of-Understanding-for-eJet-motor%E2%84%A2-Order), 2022-09-12: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.