Archive for category: Corporate News

• New product category for reliable energy supply for mission-critical defense scenarios such as anti-drone defense systems, energy solutions for military and special operations, base camps, etc.
• Initial promising discussions with potential customers regarding specific exclusive purchase agreements
• Entry into the growing diesel generator market, which is expected to reach EUR 37 billion by 2032
• Significant cross-selling potential through existing international distributor network
• Cumulative revenue of well over EUR 100 million expected up until 2030

Steyr, Austria, 21 October 2025 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, introduces the M12 Power Unit (M12PU), a new product that outperforms the competition, and enters the global market for mobile energy supply, opening up another billion-dollar market.

New standards in efficiency and power density

Steyr Motors’ new power generation unit is compact and modular. It delivers 32 kVA of power at a weight of only 600 kilograms, setting new standards in efficiency and power density compared to its competitors. Steyr Motors stands out from the three leading players in this market – Caterpillar, Cummins, and MTU. The decision to develop the M12PU was based on a combination of technological expertise and market demand. Steyr Motors has a base engine that has been proven over the years in auxiliary power units (APUs) for heavy military vehicles. Further development into a mobile power generation solution was the logical next step. Specific customer inquiries underscore the relevance of the new product.

Reliable power for mission-critical operations

The M12 Power Unit is designed for a wide range of applications and provides reliable power supply in a variety of scenarios. It serves as a mobile power source for military vehicles, bases, and camps, ensuring a secure supply for command centers, radar systems, and defense systems. It also supports humanitarian missions, field hospitals, and disaster relief with stable power in critical situations. The M12PU is also used in the maritime sector and in special vehicles, as well as in the supply of (anti-)drone and weapon systems that place the highest demands on mobility and reliability.

Addressable market of EUR 37 billion – cumulative revenues of well over EUR 100 million planned by 2030

With the M12PU, Steyr Motors is targeting the largest segment of the diesel generator market, which accounts for approximately 80% of the total market in the power class up to 60 kW. According to Fortune Business Insights, the market for diesel generators is a growth market that, based on available market studies, will grow significantly between 2024 and 2032 from EUR 21 billion to EUR 37 billion (+76%) – this corresponds to an annual growth rate of around 7.5%. Steyr Motors plans to make its first substantial deliveries in 2027 and expects cumulative revenue of more than EUR 100 million in this area by 2030.

Start of series production in the second half of 2026 – new business segment expands existing business plan

Series production of the M12 Power Unit is scheduled to start in the second half of 2026. This will only require minor capital expenditure on industrialization and, in particular, on staffing in the production area. However, the corresponding costs have already been taken into account in the business plan. The impact on revenue and earnings from the new business segment has not yet been included in the business plan communicated to date and will increase it substantially. From the start of series production, the Company expects an EBIT margin of more than 20% for the pure product, excluding maintenance, repair, and servicing.

“With the M12 Power Unit, we are expanding our business model to include an attractive new product category. This product strengthens our strategic positioning in a market with long-term growth potential and attractive margins. With our robust distribution network in key markets, we anticipate significant cross-selling opportunities with existing customers, as defense companies increasingly seek complete solutions that also include mobile power supplies. We are firmly convinced that our outstanding technology will enable us to capture a significant share of the market,” comments Julian Cassutti, CEO of Steyr Motors AG.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives. In the full year 2024, Steyr Motors generated an (adjusted) EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of at least 40%, an EBIT margin of above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• Additional growth opportunities in the ASEAN region
• New applications in the fields of industrial energy supply, commercial marine, and specialized off-road applications
• Guaranteed revenue and EBIT contribution included in the five-year plan starting 2026

Steyr, Austria, 8 September 2025 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, announces the establishment of a joint venture with Shangyan Power Technology Jiangsu Co., Ltd. (“Shangyan Power”). Shangyan Power is one of Asia’s leading companies in the development and production of a wide range of diesel engines.

The joint venture is not only a strategic milestone in the internationalization strategy, opening up new growth opportunities in the ASEAN region and globally, but also secures a contractually guaranteed minimum contribution of EUR 65 million in revenue and EUR 13 million in EBIT within five years starting in 2026. Both partners thereby reaffirm their commitment to ensuring sustainable competitiveness and global growth. A key advantage for Steyr Motors, beyond the positive revenue and earnings effect, is that the capacity expansion through the joint venture requires no additional capital for investments or working capital.

This strategic partnership combines Steyr Motors’ international brand recognition, engineering expertise, and development capabilities with Shangyan Power’s regional market strength and manufacturing capacity. The result is an expanded product portfolio covering additional performance classes tailored to the diverse requirements of international customers in the fields of industrial energy supply, commercial marine applications, and specialized off-road applications. The new product line complements Steyr Motors’ existing core products without overlap, opening up new customer segments for the company. In the ASEAN region alone, Steyr Motors gains access to an additional addressable market potential in the three segments estimated at USD 13 to 20 billion.

“This partnership is a significant step in our global strategy,” explains Julian Cassutti, CEO of Steyr Motors AG. “It strengthens our ability to provide locally manufactured, high-quality propulsion solutions while expanding our product portfolio in a targeted manner. Together, we will unlock new markets, improve our responsiveness, and establish a solid foundation for long-term success.”

The joint venture will support Steyr Motors in expanding its global sales and service network. This will enable Steyr Motors to serve a broader customer base more efficiently and quickly. Operations are scheduled to begin at the end of 2025.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives. In the full year 2024, Steyr Motors generated an (adjusted) EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of at least 40%, an EBIT margin of above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• Market entry in Poland marks another important milestone in international expansion
• Framework agreement with one of Poland’s leading distributors
• Expansion into other key Eastern European markets

Steyr, Austria, 5 August 2025 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, has reached another important milestone in its international expansion strategy by successfully entering the Polish market. By concluding a long-term framework agreement with Taurus Sea Power sp. z o.o., a well-established distributor of marine engines, Steyr Motors is simultaneously launching its expansion into other key Eastern European markets, including Estonia, Latvia and Lithuania.

The contract began upon its conclusion in July 2025 and covers exclusive cooperation in sales, spare parts, and services for Steyr Motors marine engines. The goal is to systematically develop the market in Poland and neighboring Eastern European countries. Poland has the highest defense spending in Europe as a percentage of its gross domestic product (GDP) (2024: 4.2%), followed by Estonia (3.4%). Poland plays a central role in EU and NATO security policy. Thus, the Eastern European markets offer Steyr Motors considerable growth potential, with high demand in both the civil and military segments.

A key element of the partnership is training service technicians. In the future, Taurus Sea Power will have certified SMO technicians to ensure consistently high quality after-sales service. Taurus Sea Power has decades of experience selling marine engines and serves a wide range of customers, from recreational and sports boat owners to yacht owners. This new partnership strengthens Steyr Motors’ presence in a fast-growing, highly relevant market.

“Entering the Polish market is a milestone for our international growth strategy. It is also a significant step toward geographical diversification within our core European market,” says Julian Cassutti, CEO of Steyr Motors.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives. In the full year 2024, Steyr Motors generated an (adjusted) EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of at least 40%, an EBIT margin of above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• New framework agreements with partners in the United Kingdom, Italy, France, and China
• Delivery of 600 inboard diesel engines worth more than EUR 20 million
• Targeted diversification of growth creates a stable foundation for the future

Steyr, Austria, 25 July 2025 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, continues its growth trajectory as it internationalizes its business. In addition to its successful expansion in the defense sector for land-based vehicles, Steyr Motors has now signed substantial framework agreements for civil and military maritime applications. In total, multi-year supply agreements for more than 600 inboard diesel engines with a total value exceeding EUR 20 million have been concluded with partners in the United Kingdom, Italy, France, and China.

Steyr Motors is a leader in diesel technology for highly demanding use in the defense sector. Now, leveraging its proven technological expertise in the defense sector for land-based vehicles, Steyr Motors is systematically transferring its strengths to maritime applications. With its growing success in the maritime field, the company is strategically diversifying its growth, thereby establishing a stable foundation for the future. The company’s robust, high-performance, and compact diesel engines are ideally suited for demanding operations at sea – from commercial applications to specialized vessels. Thanks to its advanced technological base and strong interest from the market, the company expects additional orders in the marine sector in the coming months.

“Our engines are built to deliver maximum performance and uncompromising reliability under extreme conditions – both on land and at sea. The new contracts validate our technological excellence and the trust we have earned in both areas – land and marine – for civil and military applications,” says Julian Cassutti, CEO of Steyr Motors AG.

 Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives. In the full year 2024, Steyr Motors generated an (adjusted) EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of at least 40%, an EBIT margin of above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• Steyr Motors M16 diesel engine as the core power unit in new international major contracts
• Order increase in the multi-million-euro range through 2027
• New record order backlog expected

Steyr, Austria, 16 July 2025 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, is further expanding its successful partnership with Dutch vehicle manufacturer Defenture. The company is benefiting from several new international major contracts, under which Steyr Motors’ M16 diesel engine continues to serve as the central power unit.

Through the exclusive and custom-tailored engine supply to Defenture, Steyr Motors is not only intensifying its existing collaboration with the customer but also securing additional orders worth millions of euros through 2027. The new contracts from Defenture include vehicles for the Austrian special forces unit Jagdkommando, Polish special forces, as well as Germany’s Special Forces Command (KSK), where four prototypes are currently undergoing operational testing and follow-up orders are in preparation.

At the core of the collaboration with Defenture is the close technical coordination to adapt the propulsion solutions to the specific operational requirements of the deployed units. The flexibility and reliability of the Steyr M16 engine have once again proven to be key success factors.

“This expansion of orders confirms the international confidence in our engine technology and underscores our position as a reliable partner in the field of military special-purpose propulsion systems. Furthermore, this follow-up order demonstrates that the widely discussed ‘Zeitenwende’ – including the approved defense budgets – is beginning to translate into tangible contracts for us. As a result, Steyr Motors is growing thanks to close technical cooperation with existing and new customers,” emphasizes Julian Cassutti, CEO of Steyr Motors.

Specific details regarding order intake and backlog development are expected to be announced with the publication of the half-year results on July 31, 2025. In addition to the increase in orders from Defenture, Steyr Motors expects to receive further significant orders from existing customers in connection with the recently announced plans of the German Armed Forces (Bundeswehr) to procure 1,000 Leopard battle tanks and 2,500 armoured vehicles. It is already forseeable that Steyr Motors’ order backlog will reach a new record level.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives. In the full year 2024, Steyr Motors generated an (adjusted) EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of at least 40%, an EBIT margin of above 20%, and a production volume of at least 1,250 units.

For further information please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail:ir@steyr-motors.com
www.steyr-motors.com

Press contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk