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Jul 28, 2016 1:39 EST

QM Power, Inc. is commercializing low cost, high performance electric motor, generator and actuator technologies

iCrowdNewswire - Jul 28, 2016

QM Power, Inc. Logo

QM Power, Inc.

Lee’s Summit, MO 64081, US
Industrial & Manufacturing
www.qmpower.com

QM Power, Inc. is commercializing low cost, high performance electric motor, generator and actuator technologies. QM Power products have higher power density and reliability, run cooler, are much lighter, smaller and lower cost,do not require rare earth magnets and operate far more efficiently over a wider speed and load range for commercial refrigeration, HVAC, electric vehicles, wind, hydro and portable power generation, military and aerospace and several other applications. QM Power is currently seeking a $5 million Series B financing to build out the team and infrastructure, provide working capital for its Q-Sync commercial production and for the expansion of its broad defensible intellectual property portfolio.

Products / Services

R&D Contracts and Grants

QM Power has platform technologies that are of significant interest to anyone using and/or wanting to improve the efficiency, power density and cost of electric motors, generators and actuators including Government agencies such as the DOE, ARPA-E, the DOD (Army, Navy, Air Force), NASA and the NSF. QM Power has a demonstrated track record of success in winning and delivering upon government research programs, which substantially subsidize or eliminate the costs of the company’s internal R&D while providing game changing solutions for commercial development partners and their applications.

Q-Sync Motors

High efficiency fan motors for commercial refrigeration and HVAC applications.

Parallel Path Magnetic Technology

High performance low cost electric motors, generators and actuators.

Licensing

Licensing for non-core markets

 

Management

Chief Executive Officer
Patrick J Piper

Mr. Piper was previously at Aspen Aerogels, Inc., another company he co-founded and that recently filed their S-1 for an IPO on the NYSE. At Aspen Aerogels he secured over $18 million in Government contracts, raised over $150 million in equity and debt capital, managed a 15 fold increase in headcount (to over 150 personnel), secured multiple manufacturing facilities with a production capacity in excess of $100 million in revenue and commercialized the aerogel nanotechnology in the oil and gas, industrial, automotive, apparel and military markets.

Before joining Aspen, Mr. Piper spent almost ten years in investment banking, commercial lending, mergers and acquisitions and derivatives marketing and management serving the Oil and Gas, Power, Project Finance, Diversified Manufacturing and Middle Market companies at JP Morgan Chase and CIBC World Markets. He is a former Board member of Triton Systems, Inc and a Co-Founder of Aspen Products Group (fuel reforming).

Chief Operating Officer
John Lebo

Mr. Lebo joined QM Power from Vantage Energy Products, a start up focusing on light electric vehicles, where he was the VP and General Manager. Prior to Vantage, Mr. Lebo was at Black & Decker, where as VP of Advanced Manufactured Engineering he managed over $100 million of strategic vertical integration of the Company’s DeWalt, Delta and Porter Cable brand motors and as Global Director of Engineering launched over 50 new products including motors, lithium ion battery platforms and electronic systems. Prior to joining Black & Decker, Mr. Lebo was the Global Director of Engineering for Johnson Electric, one of the largest volume motor manufacturers in the world (producing over 1 million motors a day). Prior to joining Johnson Electric, Mr. Lebo was the VP of the Power Systems Unit and the Director of Sales and Marketing for Ametek’s Lamb Electric Division, a $1 billion manufacturer and OEM supplier of electro-mechanical products.

Chief Technology Officer
Joe Flynn

Charles Joseph Flynn is a Co-Founder and the Chief Technology Officer of QM Power, Inc. Mr. Flynn has 25 years of motor/generator experience as a direct or contract R&D engineer, program leader, and Sr. technical consultant for a variety of major corporations with primary responsibility for the pre-production development of more than 150 commercial products for the contracting companies. Mr. Flynn is the inventor and patent holder for QM Power. He has designed, developed, and constructed more than 50 devices based on QM Power technologies.

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
9 years, 8 months 33 Diversified Machinery

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

PJ Piper

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