Aeristech’s unique and patented technologies can deliver hydrogen and electric motors that are smaller, lighter and faster accelerating than its competitors.
With the announcement today (14th April), Aeristech, a lead designer of advanced motor systems, will utilise the £5.15m ($7m) from a funding round, to drive forward the company’s e-boost technologies for hydrogen fuel-cell, hybrid-electric and internal combustion engine powertrains.
The company’s smaller designed electric motors are capable of being used in both the automotive and aviation sector which could prove significant for decarbonisation goals in the UK.
The funding round was led by investors Sabien Technology, Vela Technologies and SAIC Venture Capital and will support the company’s expansion into e-boost technologies which include hydrogen fuel cells, hybrid-electric and internal combustion engine powertrains.
The resulting high performance and efficiency means Aeristech’s technologies can play a significant role in powering innovative low carbon transportation solutions.
With further investment for R&D, the efficiency from these breakthrough hydrogen motors could play a significant role in the decarbonisation of the UK’s transport sector.
Richard Wall, Executive Chairman of Aeristech, said, “As the world takes action to reduce emissions from transport and deliver new forms of mobility, such as hydrogen powered vehicles, it will need new and better electric motor technologies.”
“This is where Aeristech is focused on making a difference through our innovative solutions.”
Aeristech will also expand its research and development team, adding new skilled professionals to the ranks, and also introduce new test cells.
Later in the Spring, Aeristech will also complete work on a series of new test cells at its site in the heart of a high performing engineering cluster in the UK’s West Midlands.
The new test cells mean that Aeristech can rapidly progress and test new designs for new projects and partnerships.