RTX Ventures invests in H55
18 October 2022 – RTX Ventures, the venture capital arm of Raytheon Technologies (NYSE: RTX), has made a minority investment in electric propulsion system company H55 to drive the development of electric aviation solutions. The investment in H55 aligns with Raytheon Technologies’ longstanding leadership in the development of innovative and sustainable propulsion technologies.
H55, a Swiss company, is a leading enabler of electric propulsion solutions and battery systems. The team has proven ability in developing, integrating and flight-testing electric propulsion systems, including Solar Impulse, the first solar-powered electric airplane to fly around the world.
Walder Wyss advised H55 on this transaction. The team was led by Luc Defferrard (Partner, Corporate/M&A) and further included Grégoire Henriod (Managing Associate, Corporate/M&A), Camille Tistounet (Associate, Corporate/M&A) and Maxime Meier (Trainee, Corporate M&A).