Finance

Somerset firm helps Saietta accelerate electric motor production

A Somerset engineering company has secured a “milestone” contract with a London-listed manufacturer of motors for electric vehicles to help scale its technology globally.

Bridgwater-based Electrified Automation will develop automated machinery and robotics for Saietta Group as it seeks to accelerate production of its axial flux motors, initially for the Asian two and three-wheel vehicle market.

Oxfordshire company Saietta, which recently floated on the AIM market, is looking to dramatically ramp up its production capability to units in the hundreds and thousands.

Electrified Automation said the deal was of “significant” value to the business, and would allow it to create eight new jobs and double its capacity for machine building at its 11,00 sq ft facility at Beech Business Park.

The company was founded by Lloyd Ash in April 2020, after he sold his previous electric motor manufacturing venture, Devon-based Ashwoods Electric Motors, to US firm Dana Corporation.

Electrified Automation’s electric motor manufacturing platform during its design phase.

Electrified Automation has grown to a headcount of 15 this year, and will now look to recruit for the new specialist technician and engineering roles, as well as a project manager.

The company’s managing director Jim Winchester said the company’s connections within the industry had helped provide opportunities to bring in commercial revenue much sooner than planned.

It has already picked up design work with “major aerospace manufacturers” and is working with other automotive companies to find winding machine equipment, while it is also involved in the off-highway sector as well.

Mr Winchester said Electrified Automation was also looking to develop its own ”next generation” platform of electric motors manufacturing.

He said that securing the Saietta contract within the business’ first year was a “fantastic achievement” and that he hoped Electrified Automation could help its partner achieve its “ultimate goal” of scaling its product globally.

Mr Winchester said: “It’s a long-term contract that is going to span out over a year. It’s going to enable us to upskill our staff and our facility here, which is perfect, and contribute what I think is a pretty impressive UK brand to take its brand globally.

“We are excited to be a part of that and support their team, whilst also developing our inhouse capability.”

Saietta Group’s chief executive, Wicher Kist, said Electrified Automation’s team had “an impressive track record” in designing automated machinery, and that its technology would provide the reliability it needed to help take its motor to a global market.

Mr Kist said: “Their industry experience will enable us to identify and manage the risks involved as we scale-up production, so we see this as a great partnership opportunity for both businesses.

“Moving to this next stage of our business growth also means we will be significantly increasing staffing at our facilities in the UK.”

Like this story? Why not sign up to get the latest South West business news straight to your inbox.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button