Musashi Seimitsu Industry Co., Ltd. (Global Headquarters: Toyohashi-city, Aichi, Japan; President and CEO: Hiroshi Otsuka) has signed a partnership agreement with Aquarius Engines Ltd. (Global Headquarters: Rosh Haayin, Israel; CEO: Mr. Ariel Gorfung), an Israeli Start-up regularly traded in the Israeli stock exchange market (TASE: AQUA) since December 2020, which is developing super-light-weight power generators.
According to the terms of the agreement, both sides have agreed to execute and complete a collaboration project by the end of 2021. The result of this collaboration will be implemented in the fields of telecommunications and/or electric vehicles, while developing innovative technology together.
Aquarius Engines is aiming to provide various new electric supply solutions for the upcoming demands in electrification trends by utilizing small, light-weight, and low cost linear free piston engines.
According to the terms of the agreement, both sides have agreed to execute and complete a collaboration project by the end of 2021. The result of this collaboration will be implemented in the fields of telecommunications and/or electric vehicles, while developing innovative technology together.
Aquarius Engines is aiming to provide various new electric supply solutions for the upcoming demands in electrification trends by utilizing small, light-weight, and low cost linear free piston engines.
【About Aquarius Engines】
Aquarius Engines is an Israeli start-up founded in October 2014, and is developing a super-light-weight free-piston linear engines to become De-facto standard for the next generation engine generators in the markets of back up and complementary, marine, aviation & defense and electrified vehicles, etc. Aquarius has R&D Centers in Aachen, Germany and Cracow, Poland.
Aquarius web site: https://www.aquariusengines.com/
【About Musashi】
Musashi Seimitsu Industry Co., Ltd. is a global auto parts Tier1 company for automobiles and motorcycles, whose headquarters is located in Toyohashi, Japan. It has 35 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Musashi specializes in designing, developing and manufacturing products such as Differential Assemblies, Transmission Gears and Assemblies, and Linkage and Suspension (L&S) products especially for the future automobiles including electric and autonomous vehicles. Musashi is also generating and expanding new businesses through open innovation with global startups to contribute to the SDGs in wider business domains. Musashi AI, a leading-edge AI technology subsidiary to lead Industry 4.0, is one of the examples.
Musashi Website: http://www.musashi.co.jp/en/
Aquarius Engines is an Israeli start-up founded in October 2014, and is developing a super-light-weight free-piston linear engines to become De-facto standard for the next generation engine generators in the markets of back up and complementary, marine, aviation & defense and electrified vehicles, etc. Aquarius has R&D Centers in Aachen, Germany and Cracow, Poland.
Aquarius web site: https://www.aquariusengines.com/
【About Musashi】
Musashi Seimitsu Industry Co., Ltd. is a global auto parts Tier1 company for automobiles and motorcycles, whose headquarters is located in Toyohashi, Japan. It has 35 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Musashi specializes in designing, developing and manufacturing products such as Differential Assemblies, Transmission Gears and Assemblies, and Linkage and Suspension (L&S) products especially for the future automobiles including electric and autonomous vehicles. Musashi is also generating and expanding new businesses through open innovation with global startups to contribute to the SDGs in wider business domains. Musashi AI, a leading-edge AI technology subsidiary to lead Industry 4.0, is one of the examples.
Musashi Website: http://www.musashi.co.jp/en/