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Southern Manufacturing

Farnborough, Hants(GU14 6TQ)

20/04/2021 - 22/04/2021

Southern Manufacturing and Electronics is the most comprehensive annual industrial exhibition in the (more)

PPMA Show 2021

NEC, Birmingham(B40 1NT)

28/09/2021 - 30/09/2021

PPMA Show 2021 will be the UK’s largest ever event dedicated to state-of-the-art processing and (more)

Advanced Engineering 2021

NEC Birmingham(B40 1NT)

03/11/2021 - 04/11/2021

Join us in our 12th and most important edition to date, as we invite engineers and management from all (more)

Magnomatics shortlisted for innovation award

Magnomatics shortlisted for innovation award

Magnomatics, the high technology engineering company, specialising in the development of advanced magnetic transmission systems and high-torque electrical machines, has been shortlisted in the inaugural Innovate UK Small Business Innovation Awards for its work developing its magnetic CVT or MAGSPLIT device. MAGSPLIT is an innovative power split gearbox delivering better fuel economy and lower emissions for hybrid vehicles.

The awards, run by the UK's innovation agency, Innovate UK, recognise Britain's most exciting cutting-edge growing companies. Magnomatics MAGSPLIT projects have been shortlisted in the Innovation leading to Investment category.

David Latimer, Magnomatics' CEO said, "We are delighted to have been shortlisted for the Innovate UK Small Business Innovation Awards. We now have funded development projects with three global automotive companies to apply the MAGSPLIT to their vehicles. The MAGSPLIT projects funded by Innovate UK were a key stepping stone toward wining these development contracts and securing further investment from Finance Yorkshire and IP Group."

Dr Ruth McKernan, chief executive of Innovate UK said: "British companies, such as Magnomatics, are preparing for the future with their ground breaking innovations. They are building new industries, creating new jobs, and driving productivity. These awards celebrate the best of British innovation and I congratulate all the fantastic nominees."

Jo Johnson MP, the universities and science minister, will present the awards at a ceremony in Parliament on October 13th.

 

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