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Advanced Electric Machines

Advanced Electric Machines

Both businesses are spin outs from Newcastle University, an internationally recognised centre of innovative electric machine's research, having been established to design and manufacture electric motors and drive technologies for the transport sector. In early 2019 AEM Group moved to new premises and secured funding to allow establishment of a production line to manufacture up to 12,000 traction motors per annum. Electrification of all transport sectors is gathering momentum. The passenger car sector in particular is moving towards high volume production with many OEMS now declaring next generation platforms will include at least one electrified variant across the range. While electrification removes tailpipe emissions there remain significant environmental concerns regarding the extraction of rare earth materials and the recyclability of copper and electronics. AEM Group holds patents which offer a significant advantage in developing solutions which

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About Advanced Electric Machines

Founded

2016

Estimated Revenue

$1M-$10M

Employees

11-50

Funding / Mkt. Cap

$2M

Category

Sector

Consumer Discretionary

Industry Group

Automobiles & Components

Industry

Automotive

Location

City

Washington

State

Tyne and Wear

Country

United Kingdom

Tech Stack (59)

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