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REX Invests In Electric Propulsion Company

REX Invests In Electric Propulsion Company

Joe Cusmano

- April 19, 2023

REX, the largest regional airline in Australia, has confirmed a substantial investment in an aviation startup, opening the door for electric planes to be used by passengers flying between small Australian towns.

Rex has announced that it has acquired a 20% investment in a Sydney startup called Dovetail Electric Aviation.

Having announced a strategic alliance in July of last year, this agreement comes four months after Dovetail received a $3 million federal government grant to finance the research and development of electrically powered aircraft.

Rachael Barritt, manager of business operations at Dovetail, said that the agreement proved the aviation sector was committed to cutting carbon emissions.

She remarked on how encouraging it was to see an Australian airline “put their money where their mouth is” regarding sustainable aviation.

We’re pleased to be working with Rex on such an ambitious project, which she describes as “electric aviation in Australia,” which is a considerable challenge.

Ms Barritt has stated that a flight demonstration will take place within the next year and that the first battery-powered aircraft will be approved within three years.

Ms Barritt raised concern over the cost and availability of sustainable aviation fuel, despite major airlines investing in it to reduce air pollution.

“Sustainable aviation fuels sound great, but there are a lot of issues with them at this point in time,” she added.

Our electric propulsion system has a lifespan of three times that of a conventional combustion engine, and switching to electric will save you 40 percent of current fuel costs.

As part of the agreement, Rex has provided Dovetail with an aircraft to refit, engineering help, and access to testing facilities.

The regional airline uses 61 Saab 340 turboprop planes that might be converted to electric power by Dovetail using MagniX engines.

According to the companies, electric flights might be up to 40% quieter than turbine planes.

In January, Dovetail received $3 million in financing from the government’s Cooperative Research Centres Projects programme. Industry and Science Minister Ed Husic stated that electric aircraft might be a “game-changer” for regional transportation.

However, larger airlines are taking an alternate approach to reducing air travel emissions.

Rex’s commitment comes less than a month after Qantas. Airbus announced a $2 million investment in Queensland’s sustainable aviation fuel plant.

In partnership with the Queensland government, the corporations will fund a feasibility study for a plant that might create 100 mega-litres of biofuel per year using agricultural byproducts such as sugarcane and feedstock.

The refinery’s construction is scheduled to commence in 2024.

Qantas and Virgin Australia have invested in sustainable aviation fuel to achieve an industry-wide objective of net-zero emissions by 2050.

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REX Invests In Electric Propulsion Company

Joe Cusmano

- April 19, 2023

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May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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