#82 Richard Parsons - KiteMagnetics: Accelerating the Emissions-Free Future of Air Travel

06/07/23 • 55 min

In this episode of Products With Purpose, Eli spoke with Richard Parsons, Founder and CEO of Kite Magnetics

Kite Magnetics is a deep-tech hardware startup with a mission to accelerate the transition to emissions-free aviation. They are hard at work developing the world’s highest-performance electric motors and generators so that future aircraft can fly further, carry more and emit less.

Prior to founding Kite Magnetics, Richard worked as a researcher at Monash University for 10 years where he developed new magnetic materials specifically for ultra-high-performance electric motors. In 2021 he left academia to start Kite Magnetics as a spinout company from Monash University to commercialize a new materials technology he co-invented that is being used to produce a new generation of smaller, lighter, and more efficient electric motors for use on electric aircraft so that they can fly further and carry more.

Some of the highlights from this episode:

The future potential of revolutionizing travel
Understanding how affordable electric planes will lead to more point-to-point short routes
Transitioning from academia to entrepreneurship and securing venture capital funding
Building and leading exceptional teams

Make sure to stay until the end to hear Richard’s book recommendation and something forward-looking that he’s optimistic about right now!

We hope you love this episode! If you do, please take time to share this with someone you think would be inspired by it!

-Relevant Links-

Richard's LinkedIn
KiteMagnetics

-Episode’s Recommended Read-

To Sell Is Human by Daniel Pink

Support the show

Connect with Eli -

In this episode of Products With Purpose, Eli spoke with Richard Parsons, Founder and CEO of Kite Magnetics

Some of the highlights from this episode:

The future potential of revolutionizing travel
Understanding how affordable electric planes will lead to more point-to-point short routes
Transitioning from academia to entrepreneurship and securing venture capital funding
Building and leading exceptional teams

Make sure to stay until the end to hear Richard’s book recommendation and something forward-looking that he’s optimistic about right now!

We hope you love this episode! If you do, please take time to share this with someone you think would be inspired by it!

-Relevant Links-

Richard's LinkedIn
KiteMagnetics

-Episode’s Recommended Read-

To Sell Is Human by Daniel Pink

Support the show

Connect with Eli -

Previous Episode

#81 May Al-Karooni - Globechain: How a Reuse ESG Data Marketplace Has Kept 65 Million Kilos (and counting) Out of Landfills

In this episode of Products With Purpose, Eli spoke with May Al-Karooni CEO and Founder of Globechain

Globechain is the largest ESG reuse marketplace that connects enterprises to nonprofits and SMEs to reuse unneeded items and assets in retail and construction. They generate valuable ESG data on the impact, which makes it all possible.

May’s passion is to prove that a business with its foundation structured on the principle of being commercial with a conscience can grow to become a global company, generating revenue, doing good, and offering infinite possibilities to those who use it.

She also has previously worked within the investment banking and asset management industry, fundraising monies for venture capital, property, and hedge funds for the last 10 years totaling over £120 million in funds raised.

Some of the highlights from this episode:

Why ESG data is a powerful metric for companies to differentiate themselves and save money
How we can bootstrap our way to success and take risks as entrepreneurs to secure funding
How circular economies work and how we can create and support them
The challenges of growing a network for a nonprofit

Make sure to stay until the end to hear May’s book recommendation and something forward-looking that she’s optimistic about right now!

We hope you love this episode! If you do, please take time to share this with someone you think would be inspired by it!

-Relevant Links-

May's LinkedIn
Globechain

-Episode’s Recommended Read-

Support the show

Connect with Eli -

Next Episode

#83 Josh Woodard - Civi: Rehumanizing The Other Side Through Civil Discourse

In this episode of Products With Purpose, Eli spoke with Josh Woodard Founder of Civi

Civi is leading efforts to build a platform aimed at creating a new political future by enabling civil discourse and problem-solving with “the other side”.

Josh is passionate about ethically and appropriately using digital technology to make a positive impact in the world.

He has extensive experience in the social impact and digital technology fields in more than 20 emerging/frontier markets and has led numerous efforts driving positive impact in areas such as agriculture, financial inclusion, health, civil society/governance, workforce development, and resilience.

Some of the highlights from this episode:

How Civi is working to help people unite, converse, and collaborate for positive change across differences
Fostering agreement, publishing proposals, and analyzing feedback to empower conversations for positive change
Empowering the majority for change by promoting collaboration for problem-solving
How we can foster empathy and realize the shared humanity behind differing views
Offering alternatives to social media's harm

Make sure to stay until the end to hear Josh’s book recommendation and something forward-looking that he’s optimistic about right now!

We hope you love this episode! If you do, please take time to share this with someone you think would be inspired by it!

-Relevant Links-