1 November 2024
DG Innovate
plc
("DG
Innovate", "DGI" or the "Company")
DG Innovate Delivers
Industry-Leading 450kW Prototype Motor
DG Innovate plc (LSE: DGI), the
advanced research and development Company developing pioneering
solutions in sustainable mobility and energy storage, is pleased to
announce the successful delivery of a
cutting-edge 450kW prototype motor to ATF funded Pareta® project
partner, Meritor Electric Powertrain Systems (UK) Ltd
(Meritor)*.
The new DGI manufactured motor
weighs only 180kg, with industry-leading torque density and
delivers continuous power with an impressive 97.3% measured
efficiency when paired with DGI's inverter, and a 98.5% efficiency
from the motor alone. These figures are a testament to a remarkable
leap in performance and demonstrates industry leading
efficiency.
Among the novel features of this
motor is an innovative cooling method that ensures peak performance
under extreme conditions, enhancing both reliability and longevity.
Furthermore, the motor incorporates built-in redundancy through a
parallel inverter architecture, providing an added layer of
security assuring uninterrupted operational continuity.
Meritor will now commence in-house
testing of the motor. Upon successful completion, the intention is
to adopt the design into its ePowertrain offering aimed at OEM
clients for heavy duty applications.
The successful delivery of this
prototype motor not only reinforces DGI's position as a leader in
sustainable mobility and energy storage but also provides multiple
strategic advantages that can drive future growth and enhance
market presence. The emphasis on innovation, efficiency, and
reliability positions DGI to capitalise on emerging opportunities
in an evolving industry landscape.
Commenting, Peter Bardenfleth-Hansen, CEO of DG Innovate,
said:
"This significant milestone
underscores the exceptional capabilities of our engineering team
and reaffirms DGI's position at the forefront of motor innovation.
The delivery of this advanced drive unit to Cummins-Meritor stands
as a testament to the dedication and expertise of our engineering
team. Our relentless pursuit of excellence guarantees that our
clients receive the most advanced technology, along with the
reliability and performance they have come to expect from
DGI."
* A wholly-owned subsidiary of
Cummins Inc. (NYSE: CMI)
Enquiries:
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DG
innovate plc
Peter Bardenfleth-Hansen
(CEO)
Jack Allardyce (CFO)
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C/O IFC
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IFC
Advisory (Investor Relations)
Tim Metcalfe
Zach Cohen
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020 3934 6630
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Grant Thornton UK LLP (Financial Adviser)
Samantha Harrison
Jamie Barklem
Ciara Donnelly
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020 7383 5100
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