DG Innovate plc
DGI:LN
Overview
Company Profile
DGI is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DGI’s current research and development activities are broadly split into two areas, focusing on novel electric motor technologies and energy storage solutions. Its two main products are:
Enhanced Drive Technology (EDT) - High efficiency, cost-effective electric motors and electronics
Enhanced Battery Technology (EBT) – Sodium-ion batteries offering a sustainable energy storage solution at similar/greater energy density to incumbent technologies at a lower cost, increased safety with lower environmental footprint
A high-growth, innovative company with a pipeline of patented disruptive technologies. It is based in Caerphilly, South Wales and employs 18 staff, most of whom are high calibre Postdoc engineers and materials scientists. We have many decades of combined expertise in machine-design, power electronics and embedded software development which has resulted in the development of the Hub Drive; a compact, electrified in-wheel direct drive for military HGV applications, during a long-standing relationship with the UK Government.
Classification
Financials
Corporate
Board of Directors
Nigel Brent Fitzpatrick MBE
Non-Executive Chairman
Brent has over 20 years\' experience as a corporate finance consultant. He was previously Chairman of Global Marine Energy and is currently Chairman of Risk Alliance Group, Vela Technologies and Aboyne Clyde Rubber Estates of Ceylon Limited. Brent is a non-executive director of Acorn Growth plc. He is a member of the Audit Committee Institute. In 2012, Brent was awarded an MBE for services to education.
Christopher Theis
Chief Executive Officer
Christopher is an experienced investment banker and entrepreneur. He has led number one rated City teams, including Smith New Court and Hoare Govett in the origination, structuring, flotation and placement of secondary market transactions of numerous successful companies. Christopher has also founded a number of successful quoted and private businesses. Christopher holds an MBA from Cass Business School.
Andy Yeo
Chief Operating Officer
Andrew was a founder member of Evolution Securities where he was a board member and executive director. He previously worked for UBS and Hoare Govett, where he first worked alongside Christopher. Over the last ten years, Andrew has gained significant expertise in the oil and gas sectors having had a variety of roles including oil and gas private equity and operational and financial experience in exploration and production activities as CFO of Wessex Exploration PLC.
Tommaso Maria Corrado
Non-Executive Director
Tommaso is an experienced energy investor and entrepreneur with board level experience including BG Group (Italian subsidiary) and Swerve Energy (senior partner). Tommaso has held a number of roles which have involved him in the investment and divestment processes of corporations and investors. These included the selection, appraisal, evaluation and assurance of international energy assets and contracts across the value chain and asset development cycles.