February 2021 The financial prognosis for year-end results for 2020 shows a great increase in activity. The turnover shows a step increase from 2019 of about 100% and an EBITDA increasing from 15% in 2019 to 16,5% in 2020.
The order backlog at year end is also very strong amounting to 1,6 times the 2020 turnover.
Final data to follow in Q2-2021.
December 2020 The ongoing Covid-19 pandemic through most of 2020 has to date not impacted the company’s business activity in any significant way. Extended use of home offices has been the rule. The most challenging has been to ensure the necessary progress on ongoing programs, especially those involving many physical activities like prototype build, testing and other activities in need of “hands-on approach”.
December 2020 Kodyna continues testing of actuator prototypes and receives modification contract to upgrade delivered prototypes for refinement before presentation to user groups and end customer.
November 2020 The final installation and site acceptance tests for a delivery of electric drum drives for 5 brand new concrete trucks are successfully completed before delivery to Liebherr and Norbetong. The mixer truck will operate on zero emission building sites in Oslo area.
October 2020 New significant contract received for delivering development, prototypes and test equipment to a strategic defence program. The contract opens up a new channel into a large market potential for Kodyna.
September 2020 Kodyna is establishing an internal QM system and targets for certification within 2021 for the ISO9001, ISO14001 and ISO45001
September 2020 Kodyna receive order for design a customised product and delivery of a first 1300-units volume production batch. The product is part of a power consumption monitoring system used in connection with surveillance of electric grid power distribution. The product has a potential of a great volume ramp-up as more customers are planning introduction.
September 2020 Kodyna receives again a new significant contract for a designing and prototyping of a low cost and low weight defence system. The contract ensures full capacity utilization in the development period of the program and the product will, after a qualification phase, be targeted for mass production.
June 2020 Kodynas internal electric motor and motor controller program passes a major milestone as the ultra-compact motor with integrated controller shows very good results.
With a motor stator weight of approx. 2 kgs, rotor of approx. 1,8 kgs and a motor controller < 0,2 kgs, the test results showed > 10kW shaft power; i.e. more than 5kW/kg. Further development will bring the concept motor with integrated controller up to 8kW/kg. Due to the compact motor and controller design, a power density of up to 17kW/litre motor volume can be achieved. The development program will continue out 2021.
June 2020 Kodyna receives a significant contract for development and delivery of prototypes to a defence system. The product forms part of a critical end-customer demonstration program and will undergo extensive quality and functional testing before delivered into the customers validation program. The product opens new potential business for Kodyna.
May 2020 Kodyna delivers a successfully tested, comprehensive prototype system for a defence customer. The system undergoes further successful full-scale testing at the customers test ground and the product is made ready for series production. The product carries a great potential for increased activity in the next steps.
April 2020 Kodyna closes the books for the financial year 2019 and can look back at a very good year with increased activity, strong growth in customer relations and a satisfactory economic result. Ebitda ended at +15%.
February 2020 Kodyna get order for delivery of the next 5 electric mixer systems. Many more to come...
February 2020 Kodyna, Liebherr and Norbetong/Heidelberg Cement Group starts delivery program for the next batch of five new electric concrete mixer trucks for delivery medio 2020.
January 2020 Kodyna receives a large defence contract, involving several years of activity. Contract includes development, prototyping, qualification and subsequent series supplies and will give the company a substantial baseload throughout the program period.
January 2020 Kodyna continues its effort to electrify heavy construction machinery in close cooperation with market leading global suppliers. Focus is to support Norways effort to make zero emissions construction sites a reality.
November 2019 Kodyna receives the first major step in a new large defence contract.
Oktober 2019 Kodyna starts a new concept development for extreme low energy actuated solenoid devices and controllers, enabling long term battery operation. Solenoids are targeted for an international market in cooperation with a market leading partner.
Oktober 2019 Kodyna is starting a new, 9 months, research program into electric motors. Program involves world leading companies, both in alternative materials, motor technology, as well as international leading research institutes. Program supported by Norwegian Research Council.
September 2019 Kodyna raise significant base-funding, supported by Innovation Norway, for an internal development program focusing on a new line of ultra-compact permanent magnetic motors, combined with “best in class” compact and integrated motor controllers. System is targeted for future electric driveline concepts.
August 2019 Kodyna signs major defence contract with a world leading client, including letter of intent for several years of development and series production.
August 2019 Kodyna completing a special servo drive motor study for a major client. Motors are used under the most sever conditions by a world leading client. Precise control of speeds, torque and position combined with premium efficiency and control sw is part of the requirements.
June 2019 Kodyna, Liebherr, Norbetong, Statsbygg and Bellona successfully demonstrates the electric concrete mixer truck for the state secretary from the Ministry of Climate and Environment, Atle Hamar, at one of Statsbygg’s new low emission construction sites in the Oslo region. READ ON...
June 2019 Kodyna signs contract involving development of specific solutions to be used with a new generation of underwater sea gliders. The contract focuses on developing a novel, compact and highly power efficient control module.
May 2019 Kodyna sign contract for development of customized frequency inverter capable of controlling standard industrial induction motors.
April 2019 Kodyna starts development of special customized cabinets for an automatic power consumption monitoring system to be used in outdoor harsh environment. The system is planned to be used by Glitre Energy Nett as the first customer. Extensive use of rapid prototyped samples for studying and optimizing the user and installation friendliness is planned.
April 2019 Kodyna enters a strategic contract with a leading international defence company for development of specific products. The contract involves options for several years of activities.
April 2019 Kodyna and Liebherr are starting rebuilding of the first electric concrete mixer truck, based on the Kodyna retrofit kit solution. A special electric driveline and control solutions is integrated with the Mercedes mixer truck PTO system, making a fully electric mixer drum operation possible.
April 2019 Kodyna enter contract with major supplier in the recycling industry for optimization of their product portfolio. The contract contains study of specific drive train solutions.
March 2019 Kodyna signs contract with a major international and leading system provider of subsea technology. The contract includes study and development of a high-power density PM electric motor and drive train. Solution is to be used in new electric subsea applications.
February 2019 Kodyna enter contract for development of a conceptual system for control of UAVs. System intended for use by the armed forces.
January 2019 Kodyna and the Nordic Liebherr concrete mixer supplier starts the process of developing a retrofit system for the first electric concrete mixer truck. The program is part of a Governmental Pilot-e supported initiative and is a collaboration between Kodyna-Liebherr-Norbetong/Heidelberg Group, Statsbygg and Bellona.
December 2018 Kodyna strengthening the team by employing an electronic and software senior. The employment is part of the company’s engagement within electric drives and embedded system solutions.
November 2018 Kodyna engages in autonomous construction machines. As a part of the company’s leading navigation and guidance competence Kodyna broadens its strategy from electric drive systems to also include autonomy.
October 2018 Kodyna signs contract with Innovation Norway for supporting the company’s electric and zero emission strategy. A strategy aimed at bringing advanced development and production business and employment to the region in close cooperation with leading international machine producers.
October 2018 Kodyna enter contract for electrification of heavy construction vehicle. The project is part of the strategic focus for our client to have zero emission construction sites. The project is supported and joined by two large and leading international companies in the construction business.
October 2018 Kodyna starts development of a new compact PTO reduction gearbox. The gearbox will be used in combination with an ongoing program with high performance permanent magnet generators.
October 2018 Kodyna starts development of a high performance hydrostatic actuator. The actuator will be used for dynamic control application in the maritime market.
September 2018 Kodyna successfully delivers a study for special electromechanical precision actuators. The actuator is planned used in a unique space rocket concept. The study was done in cooperation with an international leading company in the space industry.
August 2018 Kodyna successfully test its own developed low cost permanent magnet motor with integrated controller. The first motor in range 10 to 20kW is the first in a series of motor ranging from about 5 kW and up to 80 kW.
August 2018 Kodyna delivers final study for automated production cell to a leading Solar Power company.
February - May 2018 Kodyna have increasing activity in aerospace actuators. New development for major program started.
March - May 2018 Kodyna engages in electrification of heavy drivelines for global leading company.
April 2018 Kodyna successfully tests its in-house designed and produced high speed 3D printer. The printer competes with significantly more expensive technologies from leading brands.
March 2018 Kodyna is closing the financial results of 2017 with significant increase (+75%) in turnover and strong EBIT.
March 2018 Kodyna signs new order for concept development with major subsea OEM.
January 2018 Kodynas increase engagement in the Solar Power industry. Activities includes study and solutions for increasing the production and processing efficiency of Silicon Wafers.
January 2018 Kodyna launches internal program for systematic and rapid development of customised actuators for demanding applications. The program targets electric actuators typically operating under harsh conditions (subsea, maritime, defence, automotive, aerospace ++).
December 2017 Kodyna is involved in planning and developing of an industrial material tracking system towards I4.0.
December 2017 Kodyna engages in the Solar Power industry with a global leading client.
November 2017 Kodyna delivers positive test results to our customer for brake-through controller solution of electric motor driven actuators used in extreme environment.
November 2017 Kodyna delivers highly specialized measurement equipment for measuring electric properties to a customer.
October 2017 Kodyna receives concept study for integrated rocket engine controller solutions for major commercial space rocket manufacturer.
September 2017 Kodyna succeeded in developing a state of the art FDM 3D Printer with high speed and accuracy.
August 2017 Kodyna increases activities towards Industry 4.0 improvements for a major global process industry client.
June 2017 Kodyna and our strategic partner receives major funding from Norsk Forskningsråd/Oslofjordfondet for development of new electric motors and control platform for operation of small and medium sized boats.
June 2017 As a part of a running 3-years frame agreement signed in June-2016 with a major international industrial customer Kodyna receives 3 new projects.
June 2017 Kodyna receives concept study of control units for commercial space rocket engines from major international client.
May 2017 Kodyna receives approval funding from Skattefunn for 3D printing technology development.
April 2017 Kodyna signs contract for Actuator Prototype deliveries to a global major vehicle manufacturer.
February 2017 Kodyna signs contract for development of new actuator technology with a global major vehicle manufacturer.
January 2017 Kodyna signs a feasibility study contract for material tracking system through the complete value chain.
December 2016 Kodyna with partner takes on feasibility study for a global major vehicle manufacturer.
December 2016 Kodyna enter into contract containing development of system elements for unmanned arial systems and sensors.
October 2016 Kodyna strengthen the mechanical systems team by employing two additional designers.
September 2016 Kodyna congratulates our co-owning partner, Tronrud Engineering, with a break through contract on turn-key development and delivery of a large number of production cells based on additive titanium process, aimed for the international aircraft industry.
June 2016 Kodyna invest in two rapid prototype machines for additive manufacturing based on fused deposit of thermoplastics.
May 2016 Kodyna signs contract with a leading international space system supplier.
March 2016 Kodyna signs new contract with a major automotive OEM, supporting development of driveline precision systems.