What Elytt Energy does

Elytt Energy (legal name ELYTT ENERGY, S.L.) is a privately held Spanish engineering and manufacturing company that designs and produces specialized electromagnetic and electromechanical systems for particle accelerators and fusion reactors. The firm operates from two sites: an engineering unit in Madrid focusing on design, FEM-based analysis, and project management, and a manufacturing operation in Artea (Basque Country) via the affiliated Neureus Technologies facility, which handles winding, vacuum impregnation, oven curing, and assembly.

The company's core product lines are (1) normal-conducting and superconducting electromagnets — dipoles, quadrupoles, multipoles, kickers, septums, scanning magnets, and undulators — designed for beam control and spectrometer systems in synchrotrons, linacs, and storage rings; (2) high-precision DC power supplies in the LTM series (up to 300A with <10 ppm stability using DCCT technology) and HTM series (up to 100 kV pulsed or DC), plus the CDG 7000 capacitive discharge generator used as a winding/coil insulation tester; and (3) flywheel-based Kinetic Energy Storage Systems (KESS) — Flywheel100kW (5 MJ / 200 kVA) and Flywheel400kW (200 MJ / 500 kVA) — plus a 310 kW onboard tram variant for traction energy recovery. Engineering services covering 2D/3D FEM electromagnetic, stress, thermal, vacuum, cryogenic, and dynamics analyses are offered alongside the hardware products.

Elytt generates revenue through quote-based, project-by-project contracts with international scientific research institutions, won through formal public procurement. Named customers include F4E (ITER), CERN, EFDA, CIEMAT, DESY, ILL, BARC (India), and CEA (France, SARAF project). Pricing is not publicly disclosed; contract sizes evidenced in the source data include a EUR 30M consortium agreement with F4E for ITER Poloidal Field tooling (spread over 8 years), EUR 2M for ITER outer vessel coils, and multi-unit magnet deliveries of 24-77 magnets per program. Distribution is exclusively direct B2B enterprise field sales, with no channel partners or resellers. The company holds ISO 9001 quality certification applied to its ITER manufacturing scope.

Name

Elytt Energy

Legal name

ELYTT ENERGY, S.L.

Website

https://elytt.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Elytt Energy is a Spanish engineering and manufacturing firm that designs and produces superconducting and resistive magnets, high-precision power supplies, and kinetic energy storage systems for particle accelerators, fusion reactors, and energy storage clients worldwide, sold directly to research institutions.

Ownership category

akta.pro rank

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain

Revenue model

1. Hardware Product Sales: Design, manufacturing and distribution of magnets (normal conducting and superconducting), power supplies, and flywheels/kinetic energy storage systems to research institutions and industrial customers.
2. Engineering Services: Engineering design services without manufacturing, including FEM calculations, magnetic design, thermal analysis, and technical consulting for accelerator and fusion projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Elytt Energy designs, manufactures, and distributes normal conducting and superconducting electromagnets, high-precision DC power supplies, and flywheel-based kinetic energy storage systems for particle accelerators, fusion reactors, and industrial energy applications. The company also provides specialized engineering services covering 2D/3D FEM analysis for electromagnetic, thermal, stress, vacuum, dynamics, cryogenic, and coil cooling calculations.

Product overview

Elytt Energy offers a portfolio of specialized products and engineering services for particle accelerators and fusion reactors. The core offerings include magnets (normal conducting and superconducting), power supplies (including CDG 7000 winding tester and EPOWER SYS LTM/HTM series), flywheels, and Kinetic Energy Storage Systems (KESS). Engineering services complement the hardware products with FEM analysis, electromagnetic calculations, and design capabilities. The products are used in scientific research facilities (CERN, DESY), fusion projects (ITER), and industrial applications including transportation energy recovery systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Magnets for Particle Accelerators

Quantifiable outcome

• Manufacturing of 10 Toroidal Field Coils for ITER weighing 110 tonnes each
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• ASG (Italy) and Iberdrola (Spain)coreStrategic or Co-development PartnerInternational consortium partnership with ASG from Italy and Iberdrola from Spain for the manufacture of 10 winding packs for ITER Toroidal Field Coils. Each winding pack is 14.7m long, 8.7m wide and 826mm thick, built of 7 D-shaped double pancakes.
• ALSYOM and SEIVcoreStrategic or Co-development PartnerConsortium with ALSYOM and SEIV signed contract with F4E for supply of handling and impregnation tooling required for production of ITER Poloidal Field Coil magnets. Contract valued at 30 million EUR over eight years.
• Neureus TechnologiescoreTechnology or IntegrationManufacturing Unit (Neureus Technologies) located in Basque Country provides high quality manufacturing facilities producing high technology products with precision and quality for Elytt Energy.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Oxford Instruments: Oxford Instruments (UK) manufactures superconducting magnets, cryogenic systems and high-end scientific instruments for research applications. It is a broad incumbent overlapping with Elytt's superconducting magnet business for physics research and fusion-adjacent programs.
• Bruker Energy & Supercon Technologies: Bruker's Energy & Supercon Technologies division manufactures superconducting wires, magnets and systems for NMR, MRI and research accelerators. It is a much larger, broadly diversified peer that competes with Elytt in superconducting magnet supply for scientific installations.

Direct peers

• Cryomagnetics Inc: Cryomagnetics (US) designs and manufactures superconducting magnet systems and cryogenic accessories for research, accelerator and fusion customers. It is a direct peer to Elytt in superconducting magnet delivery for physics-research end users.
• ASG Superconductors: ASG Superconductors (Italy) manufactures superconducting magnets and is Elytt's ITER Toroidal Field Coil consortium partner. As both collaborator and competitor, it is a direct peer with deep ITER qualification and a larger installed base in fusion magnet manufacturing.
• Danfysik: Danfysik (now part of Danfysik A/S, Denmark) designs and manufactures accelerator magnets, power supplies and beamline components for research institutions worldwide. It is the closest direct competitor to Elytt in normal-conducting and superconducting accelerator magnets and high-stability power supplies.
• Stangenes Industries: Stangenes Industries (US) designs and manufactures pulsed magnets and high-current pulsed-power supplies for accelerator and fusion experiments. It is a direct peer to Elytt in pulsed/precision power supplies for scientific applications.
• American Magnetics Inc: American Magnetics (US) supplies superconducting magnet systems, cryostats and precision power supplies for research and accelerator applications. It is a direct competitor to Elytt in integrated superconducting-magnet-and-power-supply solutions for physics research.
• W-IE-NE-R Power Electronics: W-IE-NE-R (Germany) produces high-precision power supplies, crate systems and beam-diagnostic electronics for particle accelerators, fusion and synchrotron light sources. It directly overlaps with Elytt's EPOWER SYS precision power supply product family.
• Tesla Engineering Ltd: Tesla Engineering (UK) specializes in the design and manufacture of normal-conducting and superconducting accelerator magnets for CERN, ESS and other facilities. It is a direct peer to Elytt in accelerator magnet manufacturing and has competed for similar tenders.
• SigmaPhi Electronics: SigmaPhi Electronics (France) designs and manufactures high-stability, high-precision power supplies and magnets for particle accelerators, synchrotrons and medical/industrial applications. It is a direct peer to Elytt's EPOWER SYS precision power supply and accelerator magnet product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/elytt-energy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elytt Energy