About Us

KITE MAGNETICS JOURNEY

The journey began at Monash University, where founder and CEO Dr Richard Parsons and Professor Kiyonori Suzuki worked on developing Aeroperm®. This breakthrough nanocrystalline magnetic material led to a provisional patent in 2019 and became the foundation for Kite Magnetics.

Kite Magnetics was founded in 2021 to bring Aeroperm® from the laboratory into high-performance electric motors and generators. Backed by leading venture capital investors and Breakthrough Victoria, the company has advanced from material development to pilot-scale manufacturing in Victoria, Australia.

Today, Kite is focused on two high-value markets where motor efficiency has an outsized impact: automotive powertrains and advanced UAV propulsion. In automotive applications, Kite enables OEMs and suppliers to manufacture ultra-low-loss Aeroperm® stator cores in-house. For UAV and other non-automotive markets, Kite supplies Aeroperm® cores directly, helping electric platforms travel farther, carry more, and stay on mission longer.

Key Team

Dr Richard Parsons
CEO Kite Magnetics

Richard is a world leader in nanocrystalline magnetic materials, having co-developed Aeroperm™, a pioneering technology that drastically enhances electric motor efficiency and performance.

With over a decade of experience at Monash University and Kite Magnetics, Dr. Parsons possesses deep technical knowledge of electric motor technology, expertly bridging advanced material science with practical applications and revolutionizing what can be achieved in the field.

Dr Liz Williams
Chief of Staff

Liz Williams GAICD is an experienced entrepreneur and senior executive with a track record of building high-growth technology companies across healthcare and advanced manufacturing. With a PhD in Chemistry from the University of Cambridge and more than a decade of leadership experience as CEO, COO and CXO, she brings deep expertise in commercialisation, operations and team development to Kite Magnetics.

Dr Christopher Freemantle
Principal Materials Engineer

PhD materials engineer with over 15 years’ experience leading manufacturing, R&D and advanced magnetic materials.

Hans Bergman
Head of Business Development

Serial founder (12 ventures) and automotive market-entry operator, translating customer pain points into deal flow.

ENABLING THE ELECTRIFICATION OF EVERYTHING

Timeline of Kite Magnetics

2018
Aeroperm™ nanocrystalline alloy developed at Monash University
2021
Provisional patent obtained for Aeroperm®
2022
Founding of Kite Magnetics Pty Ltd, backed by Investible and Breakthrough Victoria
2023
Announcement of the first commercial products
2024
Establish first partnerships within the automotive sector
2025
Close of second investment round & receive state government grant support
2026
Establishment of 5 ton/yr nanocrystalline stator core pilot production line and first automotive tier 1 order

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