Kite Magnetics to establish advanced manufacturing facility, strengthening Victoria’s position as a leader in clean technologies
Local startup Kite Magnetics is to establish a state-of-the-art manufacturing facility in Melbourne’s southeast.
The investment will enable the company to scale up development and production of its groundbreaking Aeroperm® technology used to create lighter, smaller and ultra-efficient electric motors.
03 Feb 2025
- Manufacturing
- Energy
- New investment