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Sprint expands facilities at Nottingham University following recent investment
May 2024

Sprint expands facilities at Nottingham University following recent investment

Sprint Electric has expanded its footprint at the University of Nottingham after raising significant investment towards the development of Generis, the groundbreaking AC regeneration drive.

Sprint Electric has partnered with the University of Nottingham since 2018 on two separate Knowledge Transfer Partnerships (KTPs). The collaboration has researched the underlying technologies and developed Generis with the aim of delivering a cost effective and highly reliable AC motor control with energy regeneration and low input current harmonics.

May 2024

£4.7million investment programme accelerates growth at Sprint

Sprint Electric continues to accelerate its expansion programme with a further £1.9 million investment from Foresight Group. The private equity group, who invested £2million in Sprint in 2023, is also sharing industry connections and strategic advice with Sprint as part of a partnership designed to deliver rapid global growth. Sprint have now raised a total of £4.7 million investment in the last 12 months alone. In 2023, Sprint received £2 million of private equity investment from the Foresight Group and £500,000 from the Midlands Engine Investment Fund. In March this year, they won £300,000 funding from Innovate UK.

April 2024

Military discipline in development of Sprint supply chain

Harry Fenn has joined Arundel-based Sprint Electric as supply chain manager, a key appointment for the company as they implement a global growth strategy following a wave of investment. Harry joins with an impressive track record in supply chain management.  A qualified electrical engineer, Harry started out in project engineering for a satellite antennae manufacturer.

Sprint Electric were selected as one of 28 successful applicants from 89 applications. The funding is from fifth round of the Innovate UK Investor Partnerships programme dedicated to supporting SMEs.
March 2024

Sprint Electric win Innovate UK funding competition for groundbreaking industrial control technology

Sprint Electric, a world leading manufacturer of drives for industrial motor control, has won Innovate UK funding for its groundbreaking Generis AC Regeneration drive. This patented AC drive technology provides precise control of AC electric motors combined with efficient energy regeneration, a need not adequately addressed by traditional AC variable frequency drives.

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