Financials

Estimates*

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Revenues, earnings & profits over time
EUR2015201620172018201920202021
Revenues<1m<1m<1m<1m<1m<1m<1m
% growth-45 %732 %66 %(59 %)83 %33 %
EBITDA(<1m)(<1m)<1m<1m(<1m)<1m<1m
% EBITDA margin(440 %)(112 %)37 %15 %(27 %)17 %30 %
Profit(<1m)(<1m)<1m(<1m)(<1m)(<1m)<1m
% profit margin(319 %)(101 %)11 %(5 %)(43 %)(2 %)9 %

Source: Dealroom estimates

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DateInvestorsAmountRound
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Spinout

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Support Program

€50.0k

Grant

€50.0k

Grant
N/A

N/A

Seed
Total Funding€100k

Recent News about Axter

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More about Axterinfo icon
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Axter Aerospace is a forward-thinking company specializing in the design and development of hybrid electric propulsion systems and custom-made batteries. Founded in 2011, the company operates in the aerospace and electric vehicle markets, providing innovative solutions to enhance the efficiency and reliability of propulsion systems and energy storage.

The company's core offerings include hybrid electric propulsion systems tailored for various applications, custom-made batteries for electric vehicles and energy storage systems, and a smart battery management system designed to ensure the dependability of these batteries. Additionally, Axter Aerospace has developed its own family of electric motor bi-directional controllers, which are essential for managing the direction and speed of electric motors.

Axter Aerospace also offers real-time monitorization software, a computer tool dedicated to monitoring and managing propulsion systems in real time. This software is crucial for ensuring the optimal performance and safety of the propulsion systems.

The company's clients range from aerospace manufacturers to electric vehicle producers and energy storage companies. By providing tailored solutions, Axter Aerospace helps its clients achieve greater efficiency, reliability, and performance in their products.

Axter Aerospace's business model revolves around the development and sale of its proprietary technology and systems. The company makes money by selling its hybrid propulsion systems, custom batteries, battery management systems, and motor controllers. Additionally, it generates revenue through the licensing of its real-time monitorization software.

In summary, Axter Aerospace is a key player in the hybrid propulsion and energy storage markets, offering innovative and reliable solutions to its clients.

Keywords: Hybrid Propulsion, Electric Vehicles, Energy Storage, Custom Batteries, Battery Management, Motor Controllers, Aerospace, Real-Time Software, Efficiency, Reliability.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.