Another calendar year is almost complete, and it is soon time for a well-deserved holiday break.
The past year has been very exciting for The Switch. We have received a lot of new shaft generator orders from several system integrator customers, including a number of new customers. These orders have made us clearly a leading PM shaft generator supplier globally.
We have successfully assembled, tested and delivered several PMM 2000 shaft generators from our Lappeenranta factory. Although the main focus this year has remained on PMM 1500 wind generators, our Vaasa factory has also delivered a few PMM 1000 and PMM 1500 marine shaft generators. Our team and partners in China play an important role in our marine deliveries.
In addition, we have signed new agreements and received repeat orders for our newly launched marine drive products, including a few very large DC-Hub systems for some revolutionary vessel concepts. These orders are already now very visible in the assembly area of our factory in Stord.
Deliveries of our high-speed machines have continued at a stable pace.
The next year is going to be historical for The Switch. For the first time, marine products are going to generate more sales than wind or high-speed products.
The shareholder change will also set a new milestone in our history. I had recently a chance to meet our new owners in Japan and see their capabilities – and must say, I am impressed. This visit made me very confident, and I can promise that we can serve our customers even better with them.
I wish you all an electrifying Christmas and New Year.
Our latest news
People always say that you have to look forward in order to succeed. Still, it’s sometimes good to look back as well to see where you’ve come from. Read the latest extensive turbo blog, where we outline key milestones from our inception to today’s success.
The transition toward sustainable solutions in the maritime industry has also boosted the sale of greener marine drives that slash fuel costs and emissions. The Switch launched a new generation of marine-specific drives last year, and the industry welcomed the offering.
Since 2015, more than 100 vessels have gone to sea with our technology and more than 270 shaft generator orders have been placed. Currently, we deliver tens of machines annually to shipyards via our system integrator customers.
Incat Tasmania’s new Ro-Pax ferry is a big step forward in the development of all-electric vessels. Powered by the largest energy storage system of any vessel to date, the lightweight catamaran ferry also breaks ground with a number of other firsts when delivered in 2025.