January 13, 2023
Normet continues to invest in electrification technology and becomes a minority shareholder of Finland-based startup Lekatech
NORMET GROUP OY PRESS RELEASE 13 JANUARY 2023 AT 10:00 EET
Normet continues to invest in electrification technology and becomes a minority shareholder of Finland-based startup Lekatech
The topic of sustainability has moved sharply into focus for all sectors around the world. Faced with the looming climate crisis, awareness of sustainable development has come to the fore and made its way into the underground mining and tunnelling industry. Normet is committed to sustainable development and is leading transformation into digitalised and sustainable underground mining and tunnelling.
Since 2018, Normet has collaborated with Finnish Lekatech, a startup committed to revolutionizing hammering technologies. Lekatech believes that as the carrier machines transform to electric, direct electric drive is the future in hammering, too. Given the successful collaboration in electric hammer field tests between the companies, Normet has become a minority shareholder in Lekatech. The investment supports continued growth of Lekatech and commercialization of their groundbreaking fully electric hammers.
“Our goal is to zero out the CO\2\ emissions of impact hammers used in mining and construction industry,” says CEO Antti Anttila at Lekatech.
Lekatech’s ambition supports Normet’s continued progress in mining electrification. The fully electric hammer combined with Normet SmartDrive® battery-electric architecture will shape the future of underground scaling and breaking.
“Lekatech’s technology enables a quantum leap in hammering energy efficiency and impact performance. The hammer being a digital platform enables intelligent control features that just were not possible before”, says Samu Kukkonen Technology Director at Normet.
Lekatech’s groundbreaking fully electric hammer is up to 60% more efficient than a conventional hydraulic hammer providing significant energy savings while doubling impact force. Fully electric hammer enables continuous digital development.
“Cooperation with Normet has been natural from the beginning. Normet really understands how to introduce high technologies to global market. I appreciate Normet's practical and entrepreneurial culture and solid technical know-how. Normet is committed to being a technology leader in its own area of expertise”, says Tuomo Peltola, founder of Lekatech.
For more information please contact:
Kari Hämäläinen, Senior Vice President, Head of Equipment Business Line, Normet Group Oy
Phone: +358 40 084 5645
Email: kari.hamalainen@Normet.com
Antti Anttila, CEO, Lekatech Oy
Phone: +358 40 742 6565
Email: antti.anttila@lekatech.fi
Normet is a fast growing and innovative technology company offering continuous improvement to underground construction and mining processes for increased safety, productivity and profitability. Our complete technical solutions create value through saving costs and shortening process cycle times and are developed based on the welfare of people and on the care of the environment. Normet has a broad offering for underground mining and tunnelling: equipment, construction chemicals, rock reinforcement products and services. Normet Group employs over 1,600 professionals, and the net sales in 2021 were EUR 359 million. Normet is a Finland-headquartered company operating globally in over 50 locations and 30 countries. For more information, visit: www.normet.com.
Lekatech Oy is a Finland-based technology startup founded in 2018. Lekatech’s linear electric technology for hammering applications aims to revolutionize different end products in the mining and construction industries. In 2021, Lekatech secured EUR 6.3 million in EIC Accelerator funding for the development of the fully electric hammer. Read more on www.lekatech.fi.