Path Investments (GB:DGI) has released an update.
DG Innovate plc reported unaudited interim financial results for the first half of 2024, including a loss before tax of £3,044,070, but showing progress in sustainable mobility and energy storage technologies. The company raised over £786,500 from investors, appointed a former Tesla engineer as CTO, and continued its international expansion efforts, including a joint venture in India targeting production in 2025. Despite management changes and ongoing financial losses, DG Innovate is advancing in commercializing its technologies with a positive outlook from the management team.
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