Equipmake Holdings - Partnership with H55 to advance electric aircraft
Announcement provided by
Equipmake Holdings PLC · EQIP21/04/2023 07:00
Reach - non-regulatory announcement
21 April 2023
Equipmake Holdings plc
("Equipmake" or the "Company")
Equipmake agrees partnership with H55 to advance electric aircraft
Equipmake, the
Announced at the AERO 2023 show in Friedrichshafen,
Equipmake will support H55 in prototype development with the intention to develop certified propulsion systems. Equipmake has been chosen for its expertise in advanced electrification technology and rapid manufacturing with the bespoke high-performance motors created for H55 using its proprietary rotor design.
Ian Foley, CEO, Equipmake said: "Through our lightweight, power dense electric motors, we're delighted to be partnering with H55 and are looking forward to working with the team on the BRM Aero project - from development all the way through to certified systems - which will result in an advanced electric two-seater training aircraft.
"This is a further endorsement for our pioneering electrification products as we seek to support multiple industries, including the automotive and aerospace sectors, to decarbonise and experience the full benefits of fully electric propulsion."
André Borschberg, Executive Chairman, H55 said: "Our mission is to bring electric propulsion solutions to enable the aviation industry to reach net zero CO2 by 2050. To do this we choose to partner with leaders in the field of electrification technology. With its sector-leading, lightweight, power dense motor technology, Equipmake is one of those companies. We are delighted to be working together."
**ENDS**
For further information, please contact:
Equipmake Ian Foley, Founder and CEO Steven McGillivray, CFO
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Via St Brides Partners |
Panmure Gordon (Corporate Adviser & Joint Broker) John Prior / James Sinclair-Ford / Freddie Twist (Corporate Finance) Hugh Rich / Sam Elder (Corporate Broking)
VSA Capital Limited (Joint Broker) Simon Barton / Alex Cabral (Corporate Finance)
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Tel: +44 (0) 20 7886 2500
Tel: +44 (0) 20 3005 5000 |
St Brides Partners (Financial PR Adviser) Susie Geliher Paul Dulieu
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Tel: +44 (0) 20 7236 1177 |
About Equipmake
Equipmake is the
Equipmake is a leader in ultra-high performance electric motors and complete EV drivetrains and ultra-fast power electronic systems. As well as developing proprietary technology - such as an ultra-compact, lightweight high performance spoke motor - it also offers industry-leading EV consultancy.
Equipmake has developed a vertically integrated solution providing fully bespoke solutions. The Company has built a significant pipeline of opportunities, as demand for electric vehicles increases as part of the global decarbonisation movement.
About H55
H55 is a leading enabler of electric propulsion solutions and battery systems, with proven ability in developing, integrating, and flight-testing electric propulsion systems, including Solar Impulse, the first solar-powered electric airplane to fly around the world.
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