RCS - Equipmake Holdings - Partnership with H55 to advance electric aircraft
21/04/2023 07:00
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RNS Number : 9810W Equipmake Holdings PLC 21 April 2023
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 UK-based engineering specialist pioneering the development and
production of electrification products across the automotive, aerospace, bus,
coach and fire truck industries, has agreed to develop a technology
partnership which will see it supply state-of-the-art electric motors to H55,
the leading electric aerospace propulsion company.
Announced at the AERO 2023 show in Friedrichshafen, Germany, the relationship
will see Equipmake's lightweight, power dense electric motors used by H55 on
the BRM Bristell B23 Energic aircraft, a two-seater electric trainer designed
for flight schools and pilot training.
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 Via St Brides Partners
Ian Foley, Founder and CEO
Steven McGillivray, CFO
Panmure Gordon (Corporate Adviser & Joint Broker) Tel: +44 (0) 20 7886 2500
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) Tel: +44 (0) 20 3005 5000
St Brides Partners (Financial PR Adviser) Tel: +44 (0) 20 7236 1177
equipmake@stbridespartners.co.uk
Susie Geliher
Paul Dulieu
About Equipmake
Equipmake is the UK-based engineering specialist pioneering the development
and production of electrification products to meet the needs of the
automotive, aerospace and other sectors in support of the transition from
fossil-fuelled to zero-emission powertrains.
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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