Posted November 29, 2022
Aircraft engine startup plans manufacturing facility in Canton after $3.5M round
A local aircraft engine manufacturer has raised a $3.5 million round and now plans to open a new manufacturing facility in Baltimore.
North American Wave Engine Corp. plans to build a 7,500-square-foot facility at the Baltimore Heliport on the Canton Waterfront to develop and manufacture engines and aircraft.
“Since we build and test aircraft engines, we need an industrial location, and Baltimore City has good industrial locations in close proximity to city life,” CEO Daanish Maqbool said in an email.
Read the full story from Maryland Inno.