What Revolve NTNU does

Revolve NTNU is a student organization at the Norwegian University of Science and Technology (NTNU) in Trondheim, founded in 2010, that designs, builds, and races electric formula-style cars in the international Formula Student competition circuit. The team consists of approximately 70 students drawn from more than 20 academic majors and is structured across Mechanical, Electrical, Software, and Marketing departments with a Board-led governance model and annual leadership turnover.

Technically, the team operates as a vertically integrated engineering organization producing most subsystems in-house, including a carbon-fiber monocoque manufactured at Kongsberg Gruppen facilities, a 600V / 7.3 kWh accumulator with 288 cells and 300+ sensors, a custom second-generation inverter (I21) capable of 20,000 RPM, four in-wheel motors totaling 80 kW, an LQR-based torque vectoring algorithm, a LiDAR/RNN-based autonomous driving stack (300+ trajectory decisions per second on ROS2), and the SKN in-house data platform. The 2023 LYRA car weighs 164 kg and produces 867 N of downforce; the lap time simulator is validated at 90% correlation with track performance.

The organization has no commercial revenue. Operating capital is sourced from a tiered corporate sponsorship program (Main, Platinum, Gold, Silver, Bronze, Partner) of 70+ partners led by Kongsberg Gruppen at Main tier and including SKF, Inission, Radionor Communications, Nammo, Semcon, Mjøs Metallvarefabrikk, and software vendors such as Altium, Siemens (STAR-CCM+), and RecMan. Sponsors provide cash, in-kind components, manufacturing access, and engineering expertise; in return they receive branding exposure and recruitment access to NTNU engineering students via the annual RevolveDay career fair (25+ companies, 1,000+ students) and the Sponsor Portal CV database. The team's principal outputs are student engineering talent development, public competition results (multiple 1st place Formula Student finishes including 2024 Overall Electric Manual Class, 2023 Energy Efficiency, and 2023 Acceleration Driverless), and ongoing R&D IP that feeds into sponsor engineering teams.

Name

Revolve NTNU

Legal name

Revolve NTNU

Website

https://revolve.no

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Revolve NTNU is a 70-student NTNU organization founded in 2010 that designs and races electric Formula Student cars, developing in-house inverters, torque vectoring, autonomous driving, and data platforms, funded entirely through a tiered corporate sponsorship program of 70+ partners.

Ownership category

akta.pro rank

Product category

Student Motorsports Engineering Organization

NAICS

Sporting and Athletic Goods Manufacturing (33992)

SIC

Sporting & Athletic Goods, Nec (3949)

akta.pro primary industry

Academic Decathlon & Interdisciplinary Competitions (EDAMAGAG)

Keywords

• Formula Student racing
• Electric race car design
• Student engineering team
• Autonomous vehicle systems
• Motorsport engineering education

Headquarters

HQ city

Trondheim

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales, Operations, Personnel

Revenue model

1. Sponsorship and Partner Funding: Revolve NTNU operates as a student project reliant on sponsor funding for capital, tools, components, and services. Sponsors provide financial support, in-kind donations (components, manufacturing services), expertise, and access to facilities in exchange for publicity, recruitment access to NTNU students, and association with a world-class engineering team.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels13 records

Core offering

Revolve NTNU is a student organization at the Norwegian University of Science and Technology that annually designs, builds, and races fully electric formula race cars in the Formula Student competition. The team produces no commercial products; its deliverables are the race cars themselves, hands-on engineering experience for students, and brand/recruitment exposure for corporate sponsors.

Product overview

Revolve NTNU is a student-led Formula Student racing team at NTNU (Norwegian University of Science and Technology) in Trondheim, Norway. The team designs, builds, and competes with electric race cars in Formula Student competitions across Europe. Their work encompasses mechanical systems (aerodynamics, chassis, suspension, drivetrain), electrical systems (battery/inverter development, embedded electronics), and software systems (control systems, autonomous driving, data engineering). The team does not offer commercial products or services for sale.

Differentiator

Problem solved

Functional benefit

Products and services

• Annual Electric Formula Student Race Car Fully electric formula race car designed, built, and competed by a 70-student team from over 20 NTNU majors each year; used in Formula Student competitions at European F1 circuits. Not sold commercially; produced for competition and engineering education.
• RevolveDay Career Fair
• Annual Unveiling Event
• Sponsor CV Database / Sponsor Portal

Quantifiable outcome

• Achieved 1st place Overall Electric Manual Class in 2024, 1st place Energy Efficiency 2023, 1st place Acceleration Driverless Class 2023, and 2nd place Electric Driverless Class Skidpad 2024
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

28 partnerships are on record, tiered core, minor, platinum, main, gold, silver and bronze.

• e-gnition HamburgcoreStrategic or Co-development Partner · 1 January 2023Formula Student team from Hamburg University of Technology (TUHH) that hosts the annual Autonomous Racing Workshop (ARWo). Revolve NTNU attends annually to share knowledge and present on topics including torque vectoring integration with autonomous systems. Over 30 Formula Student teams participate.
• Fasttube (TU Berlin)minorStrategic or Co-development Partner · 1 January 2023Formula Student team from TU Berlin that assisted Revolve NTNU with transportation to Berlin during airport strike, allowing team to return home from ARWo 2023 in Hamburg.
• InissionplatinumTechnology or Integration · 1 January 2013PCB production partner since 2013, providing manufacturing services and facilities at Løkken Verk (approximately 1 hour from Trondheim). Provides soldering courses, ESD training, and component reel counting services. Team members travel to Inission facilities for PCB assembly including pick-and-place and reflow soldering.
• Kongsberg GruppenmainTechnology or IntegrationMain sponsor providing access to carbon fiber manufacturing facilities at Kongsberg for monocoque production. Team travels to Kongsberg facilities annually to produce the carbon fiber chassis and main hoop. Deep strategic partnership as the organization's primary manufacturing supporter.
• SKFplatinumTechnology or IntegrationGlobal leader in bearing and rotating technology providing bearings, seals, and lubricants. Partnership spanning over a decade supporting the team with technical expertise and access to industry network through conferences. Known for 75-year partnership with Ferrari F1.
• Radionor CommunicationsplatinumTechnology or IntegrationProvides CRE2-144-LW and CRE2-179 phased array radio equipment for real-time telemetry, enabling transmission of motor temperature, speed, brake pedal position, and other critical data to base station during testing and competition. Handles 100+ gigabytes of data per session.
• NammoplatinumTechnology or IntegrationProvides manufacturing expertise and assistance including machine drawing courses held at Revolve NTNU offices. Supports with precision manufacturing for suspension and drivetrain components.
• Semcon NorgeplatinumTechnology or IntegrationProduct development company manufacturing topology-optimized uprights and electric motors for the race car. Located in Kongsberg with ~85 employees. Provides agile prototype workshop services and high-quality components, including on short notice when required.
• Mjøs Metallvarefabrikk ASplatinumTechnology or IntegrationManufacturing company with facilities on Osterøy near Bergen, producing rim centers, aluminum uprights, and precision machined components for the suspension system since 2018. Supports with engineering expertise and design-for-production approach.
• MetronorplatinumTechnology or IntegrationProvides precision measurement and quality control solutions for verifying manufactured parts against tolerances and specifications.
• Knightec GroupplatinumTechnology or IntegrationEngineering and product development consultancy providing expertise and support for component design and manufacturing processes.
• Ta LappenplatinumTechnology or IntegrationProvides components, services, or manufacturing support for the race car project.
• TechniaplatinumTechnology or IntegrationProvides product lifecycle management and engineering solutions supporting the team's design and development processes.
• Trondheim StålplatinumTechnology or IntegrationSteel and metal components supplier supporting the mechanical department's manufacturing needs.
• 4TestplatinumTechnology or IntegrationTesting and validation services partner supporting the team's quality assurance processes.
• NTNU IV (Institutt for elkraftteknikk)platinumStrategic or Co-development PartnerNTNU's Department of Electric Power Engineering providing academic support, lab facilities, and institutional backing for the team.
• ABAXgoldOthersGold tier sponsor providing funding or in-kind contributions to the team.
• Kongsberg AutomotivegoldTechnology or IntegrationGold tier sponsor providing automotive components and technology expertise.
• LenovogoldTechnology or IntegrationGold tier sponsor providing computing hardware for the team's design and simulation work.
• AltiumgoldTechnology or IntegrationGold tier sponsor providing PCB design software (Altium Designer) for embedded electronics development.
• TomragoldOthersGold tier sponsor supporting the team with funding.
• Siemens (STAR-CCM+)goldTechnology or IntegrationSiemens STAR-CCM+ CFD software used in combination with NTNU's supercomputer for aerodynamic simulations.
• Analog DevicessilverTechnology or IntegrationSilver tier sponsor providing electronic components and semiconductor solutions for PCB development.
• Arrow ElectronicssilverTechnology or IntegrationSilver tier sponsor providing electronic components and distribution services.
• Sandvik CoromantsilverTechnology or IntegrationSilver tier sponsor providing precision cutting tools and machining expertise for manufacturing.
• RecManbronzeTechnology or IntegrationProvides cloud-based CRM and ATS software solutions. Alignment with team on data-oriented software development philosophy. Inspires development of SKN and NTS data platforms.
• NTNU (Institutt for informatikk)silverStrategic or Co-development PartnerNTNU Department of Computer Science providing academic and computational resources including access to supercomputing facilities for CFD simulations.
• NTNUcoreStrategic or Co-development PartnerThe team's parent university (Norwegian University of Science and Technology) providing institutional support, academic recognition, facilities, and access to wind tunnel for aerodynamic testing and calibration.

Scale indicators23 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Forze Hydrogen Racing (TU Delft): Dutch student racing team from TU Delft focused on electric and hydrogen-electric race vehicles, competing at Formula Student events in Europe. Comparable student-led model with strong corporate sponsor base in the Dutch industrial ecosystem.
• AMZ (ETH Zurich): ETH Zurich's academic motorsport group and a multi-time Formula Student overall winner. Builds electric and autonomous race cars with a comparable student-led R&D model, deep in-house technology development, and strong industrial sponsor ecosystem.
• e-gnition Hamburg (TUHH): Formula Student team from Hamburg University of Technology that hosts the annual Autonomous Racing Workshop (ARWo) attended by Revolve NTNU. Direct peer in driverless racing and active collaboration partner.
• KA-RaceIng (KIT Karlsruhe): Top-performing German Formula Student team from Karlsruhe Institute of Technology, building both combustion and electric race cars. Direct competitor in FSG and FSEast, with a similar multidisciplinary student organization structure and large sponsor base.
• GreenTeam Uni Stuttgart: University of Stuttgart's Formula Student Electric team, former world record holder for fastest acceleration by an electric vehicle. Competes in the same Formula Student Electric and Driverless categories as Revolve NTNU.
• TU Berlin Fasttube: Formula Student Driverless team from TU Berlin that has collaborated with Revolve NTNU at events such as ARWo 2023. Operates in the same Driverless category and shares the German/European Formula Student ecosystem.
• TUM Motorsport (Technical University of Munich): One of the most successful Formula Student electric teams in Europe, TUM Motorsport develops fully electric and autonomous race cars in the same competition circuit (FSG, FSEast) as Revolve NTNU. Directly comparable in mission, team structure, technology stack, and competition category.

Others

• Formula Student Germany (FSG): Organizer of the largest Formula Student competition held annually at Hockenheimring, where Revolve NTNU competes. Not a peer in product terms but the governing competition body shaping rules and evaluation criteria for the team's engineering efforts.
• SAE International (Formula SAE): Parent organization of the Formula SAE competition series in North America, the North American equivalent of Formula Student Germany. Sets technical rules, judging criteria, and safety standards that parallel and influence Formula Student EV events.

Emerging players

• Roborace: Autonomous electric racing series applying AI and self-driving technology to motorsport. Not a student team but technically adjacent, with overlapping focus on autonomous driving, electric powertrains, and real-time telemetry that Revolve NTNU develops.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@RevolveNTNU/featured
• Facebookfacebook.com/RevolveNTNU
• LinkedInlinkedin.com/company/revolve-ntnu
• Instagraminstagram.com/revolventnu
• TikToktiktok.com/@revolventnu
• Xx.com/RevolveNTNU

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Revolve NTNU