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(Sharecast News) - Electric powertrain company Saietta Group updated the market on developments with its core 'axial flux technology' (AXT) on Wednesday, which is primarily targeted at the light-duty automotive and 'e-drive' sector.
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Saietta Group PLC - Bicester, England-based engineering company specialising in electric vehicles - Continues to make progress towards scaling-up production of axial flux technology motors and other productions following the addition of an electric motor manufacturing facility in Sunderland. Says it will prioritise mass production of the AFT140 over other products in the axial flux technology portfolio moving forward. Expects this to enhance its long term revenue and margin prospects.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more(Sharecast News) - Analysts at Canaccord Genuity hiked their target price for shares of electric drive solution specialist Saietta Group on the basis of the " continued high level of interest in the electrification of transport" and in anticipation of license sales announcements.
Read moreTRADING UPDATES: Saietta sales surge; Geiger Counter assets rise
Read moreTRADING UPDATES: Beximco profit rises; Tremor buoyant as sales rise
Read more(Sharecast News) - Motor design and manufacturing organisation Saietta Group said on Thursday that it had agreed to acquire e-Traction Europe from the Evergrande New Energy Automotive Group.
Read moreAIM WINNERS & LOSERS: Saietta opens "significant" new motor market
Read moreSaietta develops new product amid high demand for its axial flux motor
Read moreElectric motor maker Saietta targets Asia as shares rise 5% on debut
Read moreElectric motor maker Saietta raises GBP38 million ahead of AIM debut
Read moreLONDON (Dow Jones)--Saltus European Debt Strategies Ltd. (SED.LN) said Wednesday it has acquired 33,845 of its ordinary shares for cancellation at an average price of 43.97 pence per share. -Shares at 1000 GMT flat at 44.25 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268
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