REG - DG Innovate PLC - Delivery of Industry-Leading 450kW Prototype Motor

DG InnovateAnnouncement

01/11/2024 07:00

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RNS Number : 4981K  DG Innovate PLC  01 November 2024

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:

 

 DG innovate plc                              C/O IFC

 Peter Bardenfleth-Hansen (CEO)

 Jack Allardyce (CFO)

 IFC Advisory (Investor Relations)            020 3934 6630

 Tim Metcalfe

 Zach Cohen

 Grant Thornton UK LLP (Financial Adviser)    020 7383 5100

 Samantha Harrison

 Jamie Barklem

 Ciara Donnelly

 

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