DG Innovate plc (LON:DGI), the advanced R&D company developing pioneering solutions in sustainable mobility and energy storage, has announced the transformative acquisition of new equipment to boost operations across its two business lines. The purchase of a jet mill and furnace will enhance development of energy storage products, while a motor pilot production line and 3D manufacturing simulation software will move the Company closer to achieving at-scale manufacturing of its proprietary Pareta® electric drive system, increasing current production from just a handful of devices per year to around 1,000.
Together, the equipment will further DGI’s ability to develop innovative technology and significantly improve production processes, turbocharging the Company’s ambitions in sustainable mobility and energy storage.
Peter Bardenfleth-Hansen, DG Innovate CEO, said: “the new equipment allows us to move complex processes in-house, bringing us closer to developing higher performance motors and more sustainable batteries. This equipment will decrease turnaround time across R&D and manufacturing, and allow us to develop a market-leading product much faster. This shows growing momentum behind DGI’s technology and our ability to commercialise it at scale.”
