Path Investments Plc

Path Investments Plc

PATH.L
Path Investments PlcGB flagLondon Stock Exchange
0.27
GBp
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Full Time Employees
3
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
Cottingley Business Park Bingley United Kingdom BD16 1PY
IPO Date
Mar 30, 2017
Business
DG Innovate Plc (formerly Path Investments Plc) operates as an advanced research and development company focused on sustainable electric mobility and energy storage technologies; it develops novel electric motor technologies including the Pareta electric drive system comprising high-efficiency motors, high-power inverters and control electronics, enhanced drive technology (EDT) for lightweight cost-effective electric motors, and the P80 motor architecture delivering superior power density for applications in electric vehicles, marine, defense, renewables and grid storage; it also advances energy storage solutions such as hard carbon anode materials for sodium-ion batteries and enhancements for lithium-ion batteries to achieve greater energy density, lower costs and reduced environmental impact. The company, founded in 2000 and headquartered in Caerphilly, South Wales, with registered offices c/o Grant Thornton UK LLP in Manchester, targets transportation, energy and defense sectors through partnerships with manufacturers, research institutions and the UK Government; it employs specialized engineers and scientists and holds multiple patents worldwide. In recent developments, DG Innovate entered a joint venture with EVage for motor production in India, collaborated with Cummins on Pareta technology, delivered a 450kW prototype motor and commenced commercialization efforts; it announced intentions to delist from the London Stock Exchange effective 31 January 2025 amid liquidation proceedings, following fundraisings including a proposed £500,000 placing, director subscriptions totaling over £700,000 in late 2024, and board changes including new non-executive directors and a chief technical officer with ex-Tesla experience.