R-R partner appoints administrators days after acquisition
AN aerospace company that developed the battery for RollsRoyce’s high-tech all-electric plane has collapsed into administration.
Electroflight has appointed Simon Ashley Rowe and Rachel Hotham of accountancy firm Milstead Langdon as joint administrators.
Last year, Electroflight was heavily involved in Rolls-Royce’s Spirit of Innovation project to break the fastest all-electric flight world record – and it achieved its goal in November.
The Electric NXT, or E-NXT singleseater racing aircraft, had a 400kW powertrain that included three electric motors developed by electric vehicle motor manufacturer YASA, and a 6,000-cell lithium-ion battery
system supplied by Electroflight.
The aircraft took off from the Ministry of Defence’s Boscombe Down site in Wiltshire, flown by former RAF pilot Phill O’Dell, and reached a top speed of 345.4mph over three kilometres, breaking the existing record by 132mph.
Electroflight’s Steve Jones also flew the Spirit of Innovation for the 15km and the time-to-climb-to3,000-metres record runs.
Electroflight was among a number of partner firms involved in RollsRoyce’s ACCEL – or Accelerating the Electrification of Flight – programme. Following the world-record attempt last year, Rolls-Royce chief executive Warren East “especially” thanked Electroflight for its collaboration on the pioneering project.
He said at the time: “The advanced battery and propulsion technology developed for this programme has exciting applications for the Advanced Air Mobility market.”
The news of the administration comes just days after Electroflight was acquired by motor firm Evolito, which was part of YASA Motors until its spin-out last year.
Evolito is funded by a portfolio of private investors including WayPoint Capital and Oxford Science Enterprises (OSE).
Evolito’s chief commercial officer, Ajay Lukha, said at the time: “We are very excited to complete the acquisition of Electroflight. The combined capabilities will enable us to deliver flexible solutions for our customers, from best-in-class motor and controller subsystems to fullyintegrated electric powertrains.”
It is not yet known why the company collapsed, what will happen to the business now, or if any jobs are at risk following the administration.
The administrators, Electroflight and Evolito have been contacted for comment.