Business Wire

Tula Technology Announces Development Agreements for Global and Regional Automotive Applications

30.9.2025 01:00:00 CEST | Business Wire | Press Release

Share

Tula Technology, Inc., a leader in propulsion efficiency and developer of Dynamic Motor Drive® (DMD), has signed two Memoranda of Understanding (MoU), with a global Tier 1 automotive supplier and with a Chinese OEM.

With the global Tier 1 supplier, software integration of DMD has been completed and testing is underway on the eDrive dynamometer. So far, DMD has been tested to deliver a drive cycle benefit greater than 0.5% for this IPM+SiC platform, which is the most efficient and challenging application to improve upon. Winter vehicle testing is planned for later this year together with the OEM. If targets are achieved, DMD could be included in this application for a 2027 start of production (SOP).

Activity is ramping up in China where Tula has signed an MoU to begin a project this year with a Chinese OEM also on an IPM+SiC platform targeting a 2027 SOP. Tula soon expects to confirm three more projects starting in the fourth quarter this year, with another two OEMs and a Tier 1 supplier. Simulations with customers have shown that DMD can deliver drive cycle benefits from 0.4% up to 2+%, with the greatest gains seen for distributed drive (dual motors on the primary axle) and dual-axle applications. Further joint customer development will span the full range of applications.

“These agreements mark significant progress towards implementing DMD in production,” said John Fuerst, CEO of Tula Technology. “Globally, the industry demands the highest efficiency solutions upon which DMD will further improve with proprietary software requiring no hardware modifications.”

Next week from October 6th through 8th, Tula will attend the 34th Aachen Colloquium in Germany, demonstrating a DMD-equipped Tesla Model 3, utilizing a Tula-developed EESM+SiC eDrive. In this configuration, DMD delivers up to a 1% benefit.

About Tula Technology, Inc.

Silicon Valley-based Tula Technology provides innovative award-winning software controls to optimize propulsion efficiency and emissions across the mobility spectrum, including electric, hybrid, gasoline, diesel, and alternative fuel vehicles. Tula’s culture of innovation has resulted in breakthrough technologies and a robust global patent portfolio of more than 400 patents issued and pending. Tula Technology is a privately held company that has been backed by Sequoia Capital, Sigma Partners, Khosla Ventures, GM Ventures, BorgWarner and Franklin Templeton. More information is available at www.tulatech.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250929377295/en/

Contacts

Media: Financial Profiles
Kelly Hull
khull@finprofiles.com
310-622-8252

Investors: Financial Profiles
Tricia Ross
tross@finprofiles.com
310-622-8226

(c) 2024 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Oscilloquartz expands OSAinside ™ Series OSA 5400 TimeCard ™ with advanced server-integrated timing capabilities7.10.2026 14:00:00 CEST | Press Release

Oscilloquartz today announced significant new capabilities for its OSAinside™ Series OSA 5400 TimeCard™, expanding the flexibility and performance of server-integrated timing for defense, data center, telecom and finance applications. With support for multiple deployment architectures and timing sources, the enhanced OSA 5400 TimeCard™ enables organizations to integrate highly accurate synchronization directly into commercial off-the-shelf (COTS) and purpose-built servers, reducing reliance on dedicated external timing appliances. Available as the OSA 5400 TimeCard™ and the OSA 5400 TAP TimeCard™, the platform supports PCIe Precision Time Measurement (PTM), multi-band L1/L5 GNSS with NavIC and Galileo OSNMA, advanced jamming and spoofing detection and multiple oscillator options for precise server-level synchronization. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261007831264/en/ Oscilloquartz’s enhanced OSA 5400 TimeCard

Paraguayan Air Force Taps Cessna SkyCourier for Multi-Mission Operations7.10.2026 13:00:00 CEST | Press Release

Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced the Paraguayan Air Force (Fuerza Aérea Paraguaya) has become the first South American military operator of the Cessna SkyCourier turboprop, marking another milestone for the aircraft’s multi-mission versatility. Funded by Itaipu Binacional — a binational entity operated by the governments of Brazil and Paraguay — the aircraft joins the force’s existing fleet of Cessna Grand Caravan aircraft. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261007525725/en/ The Cessna SkyCourier delivery to the Paraguayan Air Force marks the aircraft’s first South American military operation and expands the force’s multi-mission capabilities. “The Cessna SkyCourier delivers unmatched reliability and mission flexibility, enabling the Paraguayan Air Force to reach remote regions with confidence,” said Bob Gibbs, vice president, Defense & Special Mission Sales. “Its rugged

Shah Rukh Khan and Rizwan Sajan Reunite For Shahrukhz Residences by Danube With Gauri Khan-Designed Penthouses7.10.2026 12:14:00 CEST | Press Release

Following success of Shahrukhz by Danube, the commercial tower that sold out on launch day, Danube Properties announces next chapter of its iconic partnership with superstar Shah Rukh Khan with the launch of Shahrukhz Residences by Danube - a landmark fully furnished waterfront residential tower in Dubai Maritime City, with apartments starting at AED 1.65 million and a flexible payment plan of 30% during construction, and 70% upon handover. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261006482573/en/ Shah Rukh Khan and Rizwan Sajan Reunite For Shahrukhz Residences by Danube With Gauri Khan-Designed Penthouses (Photo: AETOSWire) Positioned as world’s first celebrity-named residential tower, Shahrukhz Residences by Danube sets a new benchmark for celebrity-inspired living, offering breathtaking views of the sea and the Dubai skyline. Adding to its exclusivity, celebrated interior designer and SRK’s wife, Gauri Khan, has des

LTM Expands Collaboration with Google Cloud to Help Accelerate Gemini Enterprise Adoption at Scale7.10.2026 10:30:00 CEST | Press Release

LTM, a Business Creativity partner to the world’s largest enterprises, today announced an expanded collaboration with Google Cloud to help accelerate adoption of Google Cloud’s Gemini Enterprise. The collaboration will help organizations build, deploy, and scale AI-powered solutions by combining Gemini Enterprise capabilities with LTM's deep industry expertise, engineering talent, and global delivery capabilities. As part of this collaboration, LTM is making significant investments to strengthen its Gemini Enterprise capabilities through a dedicated Gemini Enterprise Center of Excellence (CoE), Specialized Talent and Delivery Capabilities and the development of Industry-Focused AI Solutions that will be showcased at the upcoming, state-of-the-art Gemini EnterpriseCustomer Experience Center. These efforts are designed to help organizations drive enterprise-wide AI adoption, operationalize intelligent workflows, and realize business value from AI at scale. The collaboration focuses on th

Gemcorp and Fonds Souverain Malagasy Announce Strategic Partnership to Support Investment in Madagascar7.10.2026 10:00:00 CEST | Press Release

Gemcorp and the Fonds Souverain Malagasy (“FSM”) signed a strategic partnership during the 81st United Nations General Assembly (“UNGA”) in New York, establishing a framework to support investment and the development of Madagascar’s strategic assets. Under the leadership of His Excellency Michael Randrianirina, President of the Republic of Madagascar and guided by his vision to “transform the potential and endowments of the country into tangible impacts for the people,” the partnership will support FSM and the Government of Madagascar in advancing the country’s growth and investment agenda. This includes a particular focus on unlocking the value of Madagascar’s mineral resources, alongside its broader assets across mining, energy and infrastructure. As part of this partnership, FSM and the Government of Madagascar will set the strategic direction and priorities, with Gemcorp supporting FSM in structuring projects, developing investment and financing solutions, and connecting projects w

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye