Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > KLD Energy Technologies Secures $1 Million in Funding: New Motor System Uses Innovative Nano Composite Material to Increase Efficiency

Abstract:
Austin-based KLD Energy Technologies, Inc., developers of a high-performance electric motor system technology, announce the completion of a $1 million financing round from a private investment group. The company leveraged the Series A funding to further develop its high-frequency, low RPM, transmissionless motor system designed to increase the speed and efficiency of electric vehicles.

KLD Energy Technologies Secures $1 Million in Funding: New Motor System Uses Innovative Nano Composite Material to Increase Efficiency

Austin, TX | Posted on January 16th, 2009

"We've been working to produce a new type of motor system technology to increase the responsiveness, speed and functionality of electric motors," said Christian Okonsky, founder and CEO of KLD Energy Technologies and its subsidiary, KLD Motors America, Inc. (KMA). "This initial round has enabled us to take the system from concept to prototype and demonstrate its capabilities."

KLD Energy Technologies' motor system uses an innovative nano-crystalline composite material to conduct energy more efficiently than traditional, iron-core motors. The high-frequency to low RPM ratio eliminates the need for a transmission. The system's computerized motor controller is designed specifically for the higher-frequency output of the motor. The result is a highly responsive system enabling two- and three-wheeled electric vehicles to attain speeds and performance levels available in gas-powered vehicles.

KLD Energy Technologies and KMA are expanding into markets worldwide where two- to three-wheeled vehicles are becoming an increasingly popular and necessary form of transportation. Subsequent rounds of funding will further establish KMA's manufacturing facilities in Hanoi, Vietnam, where production is slated to begin in the fourth quarter. The company is currently establishing production agreements with leading scooter manufacturers in Vietnam.

"Highly populated urban centers, in Asia and beyond, are experiencing severe levels of air pollution," said Okonsky. "Millions are transitioning from bicycles to two-wheeled scooters and other forms of transportation. Electric-powered vehicles are increasingly being leveraged as a critical part of the solution.

"Our focus is to work with manufacturers to create electric vehicles that are a truly viable alternative to their gas-powered counterparts, in terms of performance, distance and speed," he added.

####

About KLD Energy Technologies, Inc.
Austin-based KLD Energy Technologies designs and licenses a patented, high-performance electric motor system technology. The company’s cornerstone technology is a high-frequency, low RPM, transmissionless motor system that increases the speed and efficiency of electric vehicles.

KLD Energy Technologies’ mission is to transform transportation and decrease pollution through high-performance electric motor systems. The company’s technology represents a paradigm shift in motor design, enabling the production of highly efficient, environmentally friendly two- and three-wheeled vehicles.

About KLD Motors America, Inc. (KMA)

KMA, a subsidiary of KLD Energy Technologies, manufactures patented, high-performance electric motor systems for the international scooter, motorcycle and three-wheeled vehicle market. Through advanced manufacturing, KMA produces electric motors from a nano-crystalline composite material in its Vinh Phuc, Vietnam facility.

For more information, visit www.kldmotorsamerica.com.

For more information, please click here

Contacts:
for KLD Energy Technologies, Inc.
anthonyBarnum Public Relations
Melissa Anthony
512-329-2766

Copyright © Business Wire 2009

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Using light to propel water : With new method, MIT engineers can control and separate fluids on a surface using only visible light April 25th, 2017

Graphene holds up under high pressure: Used in filtration membranes, ultrathin material could help make desalination more productive April 24th, 2017

Nanoparticle vaccine shows potential as immunotherapy to fight multiple cancer types April 24th, 2017

Russian scientists create new system of concrete building structures: Sientists of Peter the Great Saint-Petersburg Polytechnic University developed a new construction technology April 24th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Caught on camera -- chemical reactions 'filmed' at the single-molecule level March 22nd, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Announcements

Using light to propel water : With new method, MIT engineers can control and separate fluids on a surface using only visible light April 25th, 2017

Graphene holds up under high pressure: Used in filtration membranes, ultrathin material could help make desalination more productive April 24th, 2017

Nanoparticle vaccine shows potential as immunotherapy to fight multiple cancer types April 24th, 2017

Russian scientists create new system of concrete building structures: Sientists of Peter the Great Saint-Petersburg Polytechnic University developed a new construction technology April 24th, 2017

Automotive/Transportation

Making Batteries From Waste Glass Bottles: UCR researchers are turning glass bottles into high performance lithium-ion batteries for electric vehicles and personal electronics April 19th, 2017

BASF and Landa partner to create revolutionary pigments for automotive coatings: The alliance combines BASF innovations with Landa nano-pigment technology April 5th, 2017

ATTOPSEMI Technology Joins FDXcelerator Program to Deliver Advanced Non-Volatile Memory IP to GLOBALFOUNDRIES 22 FDX® Technology Platform: Leading-edge I-fuse™ brings higher reliability, smaller cell size and ease of programmability for consumer, automotive, and IoT applications March 27th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project