If, as the infamous cartoon in the New Yorker proclaimed, “Money is life’s report card,” Jeff Engler’s Wright Electric got a least a B+ for its current semester. While not as flush with cash as firms like Joby Aviation, eHang, or Volocopter, Wright received significant recognition for its initiative in designing high-efficiency electric motors with a high-frequency inverter and “an aggressive cooling strategy.” The $647,039 ARPA-E grant will further Wright’s work on the ARPA-E ASCEND Project. ASCEND stands for Aviation-class Synergistically Cooled Electric-motors with iNtegrated Drives, a sure-fire Scrabble winner and pretty tortuous acronym. Phase one of the project takes the team through the detailed design and subcomponent testing for the system. Phase two will see Wright build and demonstrate the system. Only a startup in 2017, Wright Electric has managed to partner with easyJet, a European budget airline, to develop a 186-seat electric aircraft called Wright 1. With others in startup mode flying six and ten-passenger aircraft and looking …