TIDMLIB
RNS Number : 9402V
Libertine Holdings PLC
15 August 2022
15 August 2022
Libertine Holdings PLC
("Libertine" the "Company" or the "Group")
Libertine announces strategic partnership with OFFICINA MOTO
ITALIA
Libertine Holdings PLC (LSE AIM: LIB), a developer of clean,
highly efficient and fuel-flexible Linear Generator technology,
announces its partnership with OFFICINA MOTO ITALIA ("OMI") to
create downsized, power dense Linear Generator products using
renewable fuels.
Based in Milan, Italy, OMI develops high performance 4 and
2-stroke engine designs for industrial, marine and vehicle
applications, working with major OEM clients in the EU and Asia. In
2021 OMI identified a market need for more efficient, cleaner, fuel
flexible power generator products across a wide range of market
applications including 2- and 3-wheeler hybrid powertrains and
small format electrical power generators. OMI approached Libertine
to collaborate on the development of small format Linear Generator
products making use of OMI's expertise in 2-stroke combustion
systems and Libertine's Linear Power Systems platform
technology.
The building-sized 2-stroke engines that power shipping
container vessels today are some of the most efficient engines on
the planet. More commonly, small 2-stroke engines are used in
scooters, chainsaws, outboard marine engines and snowmobiles where
power density is key. Small format, power-dense opposed piston
Linear Generators could combine the efficiency of much larger
2-stroke engines with ultra-low exhaust emissions, and the
flexibility to use renewable fuels such as renewable natural gas
and green hydrogen - as well as existing fuels in widespread use
today.
A generic small format Linear Generator product capable of
producing 3-6kWe of electrical power whilst operating on biofuels,
synthetic renewable fuels such as e-methanol or green hydrogen
could be used for combined heat and power generation in homes and
small businesses; as an electrical power generator for drones and
remote autonomous vehicles; for light 2 and 3-wheeled hybrid
vehicles in regions where grid recharging infrastructure is
limited; for off-grid telecoms towers working together with
renewable power and battery storage; and for portable and backup
electrical power generation to provide secure, reliable, clean
power from renewable fuels.
Sam Cockerill, Chief Executive of Libertine, commented: "With
over 40 years of experience in the development of high performance
2-stroke engines, OMI are well placed to create small format
opposed piston Linear Generators using Libertine's technology.
Opposed piston Linear Generators have the potential to combine the
real-world efficiency and ultra-low emissions of fuel cells with
the power density and low cost of small 2-stroke engines"
Mario Pagani, Chief Executive of OMI, commented: "Our customers
are looking for more efficient, cleaner and more fuel flexible
power generation solutions. We identified Libertine's Linear
Generator technology platform to help us create such products.
Libertine's technology can be scaled down to small format power
generators the size of swappable battery packs. Compact Linear
Generators could enable the rapid hybridisation of fast-growing
scooter and light 3-wheelers where recharging is not always
available. We look forward to working with Libertine to offer small
format Linear Generator products to our OEM clients."
For more information, please visit www.libertine.co.uk or
contact:
Libertine Holdings PLC via Tavistock
Sam Cockerill, Chief Executive Officer
Gareth Hague, Chief Financial Officer
Panmure Gordon (NOMAD and Broker) +44 20 7886 2500
John Prior
Ailsa Macmaster
Hugh Rich (Corporate Broking)
Tavistock (Public Relations and Investor
Relations) +44 207 920 3150
Simon Hudson libertine @tavistock.co.uk
Rebecca Hislaire
Nick Elwes
About Libertine
Founded in 2009, Libertine has developed a technology platform
solution for powertrain Original Equipment Manufacturers ("OEMs"),
enabling efficient and clean power generation from renewable fuels.
Libertine was admitted to trading on the AIM market of the London
Stock Exchange in December 2021. Libertine's linear electrical
machines, controls and developer tools together form a technology
platform (intelliGEN(TM)) which the Company provides to customers
for the development of clean, highly efficient and fuel-flexible
Linear Generator products. The platform is a result of over a
decade of development of Linear Generator technology with multiple
successful client-led programmes.
The potential market for Linear Generator products goes well
beyond the distributed power generation applications where Linear
Generators are already in commercial use today, complementing
intermittent renewable power with clean, on-demand power
generation. Linear Generators also have the potential to complement
battery electrification in hybrid powertrains as range extenders,
addressing the practical and economic barriers to rapid adoption of
clean electric propulsion using battery electric powertrain
technology alone. Linear Generator products using Libertine's
technology could work alongside battery electrification in a wide
range of hybrid systems including:
-- Heavy-duty hybrid powertrains of trucks, buses, tractors, construction and mining equipment
-- Medium and light-duty hybrid powertrains of commercial
vehicles operating over longer distances;
-- A proportion of the passenger automotive market where vehicle
use and recharging constraints are a barrier to battery
electrification; and
-- A wide range of off-grid, portable power and distributed power generation applications.
Libertine receives engineering fees by providing its linear
e-machine hardware, controls and developer tools into OEM client
product development programmes, and seeks to license its technology
for volume production. Working with OEMs from an early stage in the
development cycle ensures Libertine's technology is effectively
integrated into OEM products, maximising the performance and
economic benefits provided by Libertine's platform technology.
Libertine has developed a portfolio of over 30 granted patents in
addition to a significant body of technical know-how developed
since the company's formation in 2009. The Company's senior
management team and board includes executives with decades of deep
technical experience in the automotive and energy industries.
About OMI
OFFICINA MOTO ITALIA (OMI), is a leading 2-stroke engine design,
development and testing business serving global vehicle and
industrial product original equipment manufacturers (OEMs).
OMI's marine and industrial engine OEM clients include Alpina,
Arona Motori, Volvo Penta, Mercury Marine, Onan, Yanmar, GM Marine,
KHD Deutz, Carraro, Poclain, Case and others. OMI serves multiple
OEM clients across Asia, with development programmes for scooter
and light vehicle manufacturers including Qingqi, Zomax, AEON,
RATO, Quianjiang, Jinglang, Mahindra, Faspider, JQP, LIFAN,
Zhongnen. OMI also works with many of the best known Italian and
European OEMs such as Agrati Garelli, AMF Harley-Davidson, Cagiva
Moto, Moto Laverda, Moto Guzzi, Yamaha Italia, Yamaha Europe Ltd,
Kawasaki Europe, Peugeot, VOR Motori, Mondial Moto, Suzuki Italia,
Honda HM, Honda Montesa, Husaberg, MZ, Jawa, Sherco, Gas Gas,
Marabese Design, Quadro Technologies, Mecaprom, SWM
Motorcycles.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCEAFPLFASAEAA
(END) Dow Jones Newswires
August 15, 2022 02:00 ET (06:00 GMT)
Libertine (LSE:LIB)
過去 株価チャート
から 3 2024 まで 4 2024
Libertine (LSE:LIB)
過去 株価チャート
から 4 2023 まで 4 2024
