BiomX Acquires 10% Stake in Motomea, Inventor of Advanced Electric Motor Technologies for Drone and Autonomous Systems
BiomX Inc. has acquired a 10% stake in M.E.A. Testing Systems Ltd. and Mea Motomova India, collectively known as Motomea, a developer of advanced electric motor testing and validation systems. The acquisition includes an exclusive license for developing and distributing drone testing solutions. BiomX's investment, totaling $50,000 in cash and a commitment to issue 1,300,000 restricted shares to Motomea's majority owner, aims to enhance its capabilities in supporting integrated defense systems.
This investment focuses on electric propulsion, a critical component of unmanned aerial platforms that influences various performance metrics such as flight time, payload capacity, and reliability. Under a new agreement, BiomX has also secured an option to acquire full control of Motomea, contingent upon successful due diligence results, with the purchase price based on Motomea's net revenue and EBITDA over the next two fiscal years.
Motomea, with over 25 years of experience in the electric motor testing sector, has provided solutions across multiple industries, including aerospace and automotive. The company's advanced systems measure performance parameters such as torque, power, and efficiency, which are critical for the development and validation of UAV technologies.
As part of its collaboration with BiomX, Motomea will prioritize electric propulsion testing for unmanned vehicles, focusing on drone motors. Its technologies are already in use by major Israeli defense manufacturers, enabling evaluations of motor performance under simulated conditions. BiomX’s CEO, Michael Oster, emphasized the strategic complement that Motomea brings to their existing portfolio of technologies, enhancing their ability to respond to physical threats.
Motomea's CEO, Moshe Goldbaum, noted that the partnership allows Motomea to leverage its extensive experience in electric motor testing to meet the evolving needs of aerospace and defense technology, while also indicating that rigorous testing is essential for ensuring reliable propulsion in unmanned systems.