Dovetail Electric Aviation Secures Major Investment From Rex For Electric Propulsion Technology
Dovetail Electric Aviation celebrates the announcement of Regional Express’s (Rex) 20% stake in the company, further cementing the strategic partnership between the two Australian aviation leaders.
This equity participation agreement comes on the heels of the successful completion of initial ground tests involving Dovetail’s small-scale Electric Propulsion System (EPS), marking a major milestone in the company’s mission to convert turbine-powered aircraft to electric, emission-free propulsion.