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AURA SYSTEMS INC. RELOCATES TO NEW FACILITY

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Aura Systems Inc. (AUSI) has announced the relocation of its operations to a new secure facility in Lake Forest, California. President Cipora Lavut stated that the new site enhances the company’s capabilities in developing Axial Flux inductive motors and generators, which are designed without rare earth or permanent magnets. This move is expected to support advanced engineering developments for mobile electrification applications. Founded in 1987, Aura Systems is recognized for its environmentally friendly mobile power technology, utilized by various Fortune 500 companies and militaries globally.

Positive
  • Relocation to a new secure facility enhances operational capabilities.
  • Focus on advanced engineering for mobile electrification applications.
  • Established reputation with customers worldwide, including Fortune 500 companies.
Negative
  • None.

Lake Forest, California, March 23, 2021 (GLOBE NEWSWIRE) -- Aura Systems Inc. (AUSI) announced today that it has relocated to a new location in Lake Forest California.

Aura’s president Cipora Lavut said” Aura’s new Lake Forest facility is a stand-alone secure building fully occupied by the Company. This new secure facility is more conducive to the Company’s operation as the developer of Axial Flux inductive Motors and Generators that do not use any rare earth or any other kind of permanent magnets.   In addition, the new facility is well suited for advance new engineering developments being pursued by the Company for different application areas of mobile electrifications”.

Aura Systems was founded in 1987 by a team of scientists and engineers as a defense industry think-tank. Today, Aura’s AuraGen® mobile power technology is deployed in more than twenty countries worldwide, with customers ranging from Fortune 500 companies to the world’s leading militaries, the AuraGen® family of power technology products represent a proven environmentally conscious and economical solution for a wide range of applications.

For more information on Aura Systems, Inc. visit www.aurasystems.com or contact Cipora Lavut at clavut@aurasystems.com.


FAQ

What is the recent announcement by Aura Systems Inc. (AUSI)?

Aura Systems Inc. announced the relocation of its operations to a new facility in Lake Forest, California.

How does the new facility benefit Aura Systems (AUSI)?

The new secure facility is conducive to developing Axial Flux inductive motors and generators and supports advanced engineering for mobile electrification.

What technology does Aura Systems focus on?

Aura Systems specializes in environmentally friendly mobile power technology, including the Axial Flux inductive motors and generators.

When was Aura Systems Inc. founded?

Aura Systems Inc. was founded in 1987.

Who is the president of Aura Systems Inc.?

Cipora Lavut is the president of Aura Systems Inc.

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91.88M
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Specialty Industrial Machinery
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United States of America
Lake Forest