Evolito Acquires Electroflight

July 5, 2022

Oxford-based electric propulsion company Evolito has acquired Cheltenham-based aerospace battery specialist Electroflight, with Electroflight becoming a wholly owned subsidiary. The deal brings battery systems together with Evolito's high-performance axial-flux motors and controllers to offer fully integrated electric powertrain solutions for electric aviation.

Buyers
Evolito
Targets
Electroflight
Location
Gloucestershire, United Kingdom
Transaction Type
Buyout

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