Business
E-Drivetrain for Long-Range Electric Flying Boat
E-Drivetrain for Long-Range Electric Flying Boat.

About this update from Equipmake Holdings Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\").\n \nEquipmake Holdings plc\n(\"Equipmake\" or the \"Company\") \n \nSupplies Cutting Edge E-Drivetrain for Luxury Long-Range Electric Flying Boat\n \nEquipmake, the UK-based engineering specialist pioneering the development and production of electrification products across the automotive, aerospace, bus, and coach industries, is pleased to announce it has supplied an advanced e-drivetrain system for a world-first long-range electric flying boat.\n \nFor the project, Equipmake designed, developed, and manufactured a fully electric drivetrain, featuring a specially adapted version of its lightweight, power dense, high-performance motor and gearbox, and an Equipmake inverter and custom battery pack.\n \nWorking in collaboration with modern classic yacht design and build experts Spirit Yachts, and advanced marine engineering specialist BAR Technologies, the purpose built 35ft SpiritBARTech35EF electric flying boat utilises active retractable foils to raise the boat's hull above the water to minimise drag and create a fast-cruising range of approximately 100 nautical miles at 22 knots.\n \nThe project is the first time Equipmake's electrification products and expertise have been applied to the rapidly growing electric marine market, which is estimated to be worth ~$16.6 billion by 2030[i]. Following the success of the project, Equipmake and BAR Technologies are exploring further opportunities to collaborate and increase the potential market for Equipmake's products in BAR Technologies' systems.\n \nIan Foley, CEO, Equipmake said: \"We are extremely proud to have played a key role in the development of this incredible electric flying boat, which truly sets new standards for long range electric vessels. Our in-house developed electrification technology has many varied high-performance applications, from aerospace to automotive, and the SpiritBARTech35EF is the perfect showcase for how it can be applied to the rapidly growing electric marine market.\"\n \nJohn Cooper, CEO, BAR Technologies said: \"We firmly believe that the future of the marine sector will be defined by deve...