For Anyone that missed out from Staylong17 Jul 2024 07:38
Part 1 Perhaps this is now time to remind ourselves why this is a great investment ;
1/. DGI has World class ground breaking IP that has been validated by numerous experts. The Pareta e drive is in a league of its own and the market for it is limitless.
2/ Our Tesla Trio chose to invest in DGI. Peter Bardenfleth- Hansen said “The technology the DGI team has developed is exceptional. Jochen, Christian and I have spent a collective 90 years in this industry, and in the last few years have looked at hundreds of different technologies to invest in and commit to across the globe - DGI's technology was the standout”
3/ Director Christian Eidem has 29% equity in DGI. Christian has incredible contacts including his great long term friend Elon Musk.
4/ DGI has many patents around the world including the latest one in China.
5/ Have been working closely with the MOD for many years. It’s only a matter of time before a big order is placed.
6/ Have been jointly developing the Pareta technology with Cummins (Formerly Meritor) for many years. and 5 months ago they confirmed a joint development agreement that includes funding. Cummins is a tier 1 commercial vehicle company that supplies heavy vehicle parts all around the globe. It doesn’t get much bigger than this. And recently announced at the AGM : DGI is in the process of assembling and testing a prototype 450kW Pareta® motor for delivery for use in heavy commercial vehicles. Initial prototypes for the previously announced joint development agreement for Pareta® drives for novel heavy goods vehicle applications are also being completed for testing and delivery to Cummins.
7/ Have purchased a furnace and mill in order to turbocharge materials physics and motor electronics.
8/ Big progress regarding Pareta e drive system being fitted to marine vessels. Government grants included. The market potential here is huge and definitely one that the government should be very interested in. AN UPDATE MUST BE IMMINENT.
9 Enhanced Battery Technology
DGI’s hard carbon anode materials have already demonstrated commercially attractive performance characteristics, particularly enabling significant energy densities, in line with the best performing sodium-ion batteries. The Pareta side of the business is huge enough itself so it makes sense for the EBT part to be outsourced. As discussed in the AGM there are currently there are a couple of encouraging options being considered.
More to follow …..
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