Armesmith: Big-Name CTO Joins TTPi Advisory Board
Portfolio - People | Jan 06, 2025 | Business Cloud
The Thinking Pod Innovations (TTPi), a University of Nottingham spinout specializing in sustainable technology, has appointed Riona Armesmith, the CTO of US-based electric propulsion company magniX, to its advisory board. Armesmith brings significant expertise in electric propulsion and business development, having played a key role in securing a $74 million NASA contract for magniX. Her appointment is expected to contribute to TTPi's development of energy-efficient power electronics as it aims to advance sustainable aviation. TTPi, created in 2017 and spun out in 2020, develops ultra-efficient motor drive systems and converters. Armesmith joins a board that includes esteemed figures from the academic and entrepreneurial sectors, such as Professor Jon Clare and Dr. Simon Hart, highlighting TTPi’s commitment to innovation.
Sectors
- Aerospace
- Renewable Energy
- Technology
Geography
- United Kingdom – TTPi is a spinout from the University of Nottingham, UK.
- United States – Riona Armesmith is CTO at magniX, a US-based company, and the article discusses US-based activity.
Industry
- Aerospace – Relevant due to TTPi's and Riona Armesmith's focus on propulsion technologies for aerospace applications.
- Renewable Energy – TTPi's focus on energy-efficient power electronics aligns with the Renewable Energy sector as it seeks sustainable innovations.
- Technology – The involvement of advanced technologies in developing power electronics and propulsion systems places this article in the Technology sector.
Financials
- $74 million – NASA contract awarded to magniX for demonstrating electric propulsion technologies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Thinking Pod Innovations (TTPi) | Company | Target Company | A University of Nottingham spinout specializing in innovative power electronics. |
| Riona Armesmith | Person | Advisory Board Member | CTO at magniX who joins TTPi’s advisory board, expert in electric propulsion. |
| magniX | Company | Other Company | A US-based manufacturer of electric propulsion systems for aircraft. |
| University of Nottingham | University | Other Company | The institution from which TTPi was spun out. |
| Professor Jon Clare | Person | Advisory Board Member | Emeritus professor at the University of Nottingham involved with TTPi. |
| Dr. Simon Hart | Person | Advisory Board Member | Entrepreneur and honorary associate professor at the University of Nottingham, part of TTPi's advisory board. |