MAGNIX

Stephen Costley April 14, 2026

MAGNIX launched magniAIR electric engine for general aviation, initially targeting aircraft for recreational flying and flight training; first engine is being integrated as part of full magniX powertrain in a Van RV-10 for first flight in 2H26.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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