Alva Industries AS develops electric composite motors with low weight, high efficiency and high accuracy, combined with low production costs. Potential markets include the transport sector, UAVs, actuators, medical equipment, robotics, and optics. The company has raised 1.3 MNOK in funding. The team consists of two business developers (Applied Physics and Marine), five master students (Composites, Cybernetics, Mechanics, Product Development) and a full-time motor designer (Ph.D.).