Kite Magnetics to establish advanced manufacturing facility, strengthening Victoria’s position as a leader in clean technologies
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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. Backed by the Victorian Government, this investment strengthens Victoria’s position as a leader in advanced manufacturing and clean technologies.
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