Electric Propulsion Company Evolito Acquires Aerospace Battery Company Electroflight to Create Full Powertrain Solutions Capability.
- Evolito supplies high-power density, light-weight electric motors and controllers for electric aerospace applications.
- Evolito was spun out in 2021 by electric motor and controller pioneer YASA (now a wholly owned subsidiary of Mercedes-Benz).
OXFORD, England, July 05, 2022 – –Evolito, a privately-owned company designing and manufacturing world-leading electric motors and controllers for aerospace applications, has today announced the acquisition of the business and assets of Cheltenham-based aerospace battery solutions company Electroflight.
Evolito supplies high-performance, low-weight axial-flux motors and controllers that are smaller, lighter and with a higher safety factor than any other competing electric propulsion technology. Evolito’s products enable a range of new electric propulsion applications, helping to accelerate the industry’s move towards net zero.
Electroflight has a proven track record of delivering safety critical, innovative battery solutions for the electrification of the aerospace industry. Following the acquisition, Electroflight will become a wholly-owned subsidiary of Evolito and will focus on delivering next-generation battery technology to complement Evolito’s unique motors and controllers.
“We are very excited to complete the acquisition of Electroflight today. The combined capabilities will enable us to deliver flexible solutions for our customers, from best-in-class motor and controller subsystems to fully-integrated electric powertrains.”
Ajay Lukha, Chief Commercial Officer at Evolito, said
Evolito is making all-electric flight a reality by offering world-leading geared and direct-drive electric propulsion and battery solutions. Spun out of YASA in 2021, Evolito leverages technology proven at scale by OEMs in the automotive EV industry. The privately-held company is based in Oxford. Evolito’s investors include B-Flexion and Oxford Science Enterprises (OSE).