Aura Systems, Inc. announced that it has entered into an exclusive distribution agreement with Hippo Multipower to provide a minimum of 525 of Aura's new 10 kW AuraGen® mobile power application for use on various models of Polaris® ultralight tactical military MRZR vehicles and derivatives such as the MRZR D2 and D4 and the MRZR Alpha over a three-year period. The minimum value of the agreement over the three years is approximately $8.85 million. The first delivery of 10 kW AuraGen® systems under this contract is currently scheduled to take place by June 1, 2023.

Aura's newly-designed 10 kW mobile power solution represents notable improvements in both size and efficiency over earlier AuraGen® designs; when compared to prior AuraGen® systems, this new design is approximately 48% smaller in volume, has over 320% increased torque density, over 220% increased power density, and approximately 10% increased overall efficiency. Aura is also in the final stages of completing its design for a 250 kW axial flux induction motor suitable for electric vehicle applications and which is expected to provide up to 77 kW of power per liter volume (representing nearly a 200% improvement in power density over most electric vehicle motors currently in use) and 97.5% efficiency.