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Industrious Ventures, Venn10 Capital, and follow-on investors that include Lockheed <br />Martin Ventures, Metaplanet, Liquid 2 Ventures and TechNexus. <br />SPONSORED CONTENT <br />The possibilities are endless at Sutherlands <br />Lumber and Design Gallery <br />For over 30 years, Sutherlands Lumber & Design Gallery has been a cornerstone of Fort <br />Collins' home improvement community. Sutherlands has a commitment to excellence, <br />decades of experience, premium materials, and design expertise to make any project vision <br />A Form D filed by H3X with the U.S. Securities and Exchange Commission shows that a <br />total of 25 equity investors participated in the Series A, which began in March. <br />"With the Series A funding, H3X plans to expand production and bring its next - <br />generation, multi -sector class of integrated motor drives to the market," the company <br />said. <br />Two of its new products, the HPDM-1500 and HPDM-2300 engines, "are megawatt - <br />class machines that will significantly enhance the performance of electric aircraft <br />through their high power density and fault tolerance," H3X said. "In some cases, <br />aircraft range can be doubled by using H3X motors versus conventional solutions by <br />freeing up weight for additional energy storage onboard." <br />H3X's existing clients include NASA and the U.S. Air Force. <br />"H3X is focused on scaling innovative technologies that we believe could offer our <br />customers effective solutions for electrifying legacy, multi -domain systems," Chris <br />Moran, vice president and general manager of Lockheed Martin Ventures, said in a <br />statement. "Lockheed Martin's continued investment in H3X underscores our <br />dedication to advancing innovative solutions and expanding the defense industrial <br />base to ensure the U.S and its allies remain ahead of emerging threats." <br />H3X, which launched in 2020, performs its design and manufacturing work at its <br />17,000-square-foot headquarters facility at 410 S. Arthur Ave. in Louisville's Colorado <br />Technology Center business park. <br />Related Posts <br />Software startup Younity raises $8M Series A round <br />Boulder software startup Younity has raised an $8 million Series A funding round, <br />helping it... <br />Travertine Technologies raises $3M round <br />BOULDER — Travertine Technologies Inc. has raised a $3 million seed -funding round <br />"to commercialize a... <br />Boulder's Enveda raises $51 M Series A round <br />View Calendar <br />Submit your event <br />HUMANIZING <br />to*Expert Paymn Management Ili <br />Inoegrated ed HaR Services <br />.��eburney <br />MIk <br />40% —2200 100% <br />Client I Businesses in LoraI <br />Retention over an States Ownership <br />Stan Your Journey Today! <br />