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Birmingham Post

Business

Hannah Baker

Jobs saved at collapsed aerospace firm Electroflight as administrators sell off business

Electric RAF RollsRoyce Gloucestershire

Collapsed South West aerospace and tech company Electroflight has been sold off in its entirety, saving all jobs within the business.

The Gloucestershire-based firm, which developed the battery for Rolls-Royce's world-record-breaking all-electric aircraft, appointed administrators on Monday (July 11).

On Friday, business advisory firm Milsted Langdon confirmed Electroflight's assets were sold "as a whole" to Oxfordshire-based motor firm Evolito, which was part of YASA Motors until its spin-out last year. YASA Motors was also involved in the development of Rolls-Royce's Spirit of Innovation all-electric plane project.

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