St. Johns, Canada—Duxion Motors today announced its appointment of Rick Pilgrim as Chief Executive Officer and Chairman of Board of Directors.
Mr. Pilgrim is a well-rounded leader with deep rooted experience in developing technology-based companies. Most recently, he developed and led a start up in the drilling technology space, QuickSilver Technologies LLC, focused on developing a proprietary drilling technology that was sold to the world’s largest offshore drilling contractor.
Previously, he was Vice President (Engineering) Letourneau Technologies Inc., a design and manufacturing division of Rowan Companies, Inc. (NYSE: RDC). Where the management team was tasked with monetizing the company. Joy Global Inc. (NASDAQ: JOYG), purchased LeTourneau from Rowan for $1.1 billion.
Earlier in his career, Mr. Pilgrim was manager of corporate engineering for Ensco PLC and held various roles during his 16 years with Schlumberger (NYSE: SLB) in operations, capital project and engineering. He spent 5 years in aircraft operations in the Royal Canadian Airforce. Rick holds multiple patents and has a Master of Science in Electrical Engineering.
“We are extremely pleased to add Mr. Pilgrim to our team, as CEO and Chairman of the Board, and know that his proven leadership in developing and commercializing disruptive technology will help us achieve our ambitious goals to electrify aviation”, said Dr. Sheikh Rabbi, Chief Technology Officer and Director of Duxion.
Founded in 2017, Duxion Motors Inc. is an advanced motor design and manufacturing company developing high power density electric propulsion systems for aviation and marine industries. Our engineers have developed powerful scalable electric drives that accelerate the transition to emission free electric transportation. Our patent-pending eJet motor enables jet owners and OEMs to hybridize or fully electrify their existing fleets quickly and economically.