Evolito

The world’s most advanced electric propulsion solution.

About

Founded

2021

Headquarters

Bicester, England, United Kingdom

Industry

Aerospace

Company Description

Evolito was spun out earlier this year by YASA Limited to exclusively industrialise YASA’s next-generation electric motor technology and IP for the rapidly-growing aerospace market. By accelerating the adoption of electric propulsion, we will help revolutionise personal mobility and transform our towns and cities with clean, noise-free electric air transportation.

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Funding

Total Raised

Undisclosed

Valuation

Undisclosed

Significant Investors

Waypoint Capital, Oxford Science Enterprises

Company Traction

  • As of July 2023, Evolito claims its motors use 75% less iron, copper, and permanent magnets than competing radial solutions.
  • In July 2022, Evolito acquired Electroflight, an aerospace battery company, for an undisclosed amount.

Leadership Team

  • Chris Harris: CEO at Evolito. Former Chairman at Cambridge Photon Technology.
  • Ajay Lukha: Chief Commercial Officer at Evolito. Former Chief Commercial Officer at YASA.
  • Richard Ormandy: Director of Operations at Evolito. Former VP of Operations at Leonardo.
  • Oscar De Souza: Head of Engineering Analysis at Evolito. Former Mechanical Engineering Consultant at Safran.
  • Richard Farmer: Head of Systems at Evolito. Former Systems Team Lead at Safran.