DG Innovate boosts operations with transformative acquisition of new equipment

DG Innovate Plc
[shareaholic app="share_buttons" id_name="post_below_content"]

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.”

The jet mill and furnace will allow DGI to improve the processing of key materials used in the production of sodium-ion batteries. The jet mill will grind components to precise specifications within micrometres – a fraction of a human hair – whilst the furnace will deliver extreme heat up to 1,700⁰C to facilitate close temperature control. These are rare pieces of equipment in the UK, meaning in-house access represents a competitive advantage.

The motor pilot production line features advanced machinery that will set the foundations for DGI to manufacture the proprietary Pareta® electric drive system at a commercial scale. In addition, the 3D manufacturing simulation software will allow DGI to design the production line virtually, as a digital twin, thereby optimising the workflow and layout of the pilot facility. The purchase will have the immediate benefit of allowing DGI to increase its production capacity to around 1,000 devices per year and – in the longer term – ensure the most efficient production configuration is employed as production scales up further.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
DG Innovate plc and Cummins Inc have collaborated to develop an advanced electric actuator motor based on DGI's Pareta® system for commercial vehicles.
DG Innovate plc advances sustainable battery technology with novel hard carbon anodes, securing an international patent and potential global funding.
DG Innovate plc (LON:DGI) unveils a groundbreaking 450kW motor with industry-leading efficiency and innovative features for sustainable mobility.
DG Innovate plc (LSE: DGI) unveils its unaudited interim results for H1 2024, highlighting key advances in sustainable mobility and energy storage solutions.
DG Innovate plc (LON:DGI) announces successful AGM resolution votes and shares updates on significant technical and commercial progress, including joint ventures and prototype developments.

Search

Search