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Airtificial Wins €6 Million Contract to Build E-Van Power Inverter Line

Story Highlights
  • Airtificial secured a €6 million deal to build an automated power inverter line for a new electric van.
  • The highly efficient Barcelona-engineered line will ship to Eastern Europe, bolstering Airtificial’s e-mobility positioning.
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Airtificial Wins €6 Million Contract to Build E-Van Power Inverter Line

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Airtificial Intelligence Structures SA ( (ES:AI) ) has provided an announcement.

Airtificial has secured a €6 million contract to design and manufacture an automated assembly line for electric motor power inverters destined for a new-generation electric van produced by a major U.S. automotive manufacturer through a tier-1 supplier, reinforcing the company’s role as a specialist technology partner in electric mobility. The line, to be engineered and validated in Barcelona before shipment to an Eastern European plant, will feature 27 workstations, a 63-second cycle time and minimal staffing requirements, aiming to maximize productivity and reduce operational footprint in line with customers’ competitiveness goals while further consolidating Spain as a key technology hub for Airtificial’s high value-added industrial solutions.

More about Airtificial Intelligence Structures SA

Airtificial Group is a Spanish industrial technology company that operates through its Intelligent Robots division to design and build advanced automated production systems, with a growing focus on e-mobility solutions for leading global automotive manufacturers and tier-1 suppliers.

Average Trading Volume: 1,695,810

Technical Sentiment Signal: Sell

Current Market Cap: €149.5M

See more insights into AI stock on TipRanks’ Stock Analysis page.

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