Newton Massachusetts based E-Circuit Motors is raising $10,000,020.00 in New Equity Investment.
Newton, MA – According to filings with the U.S. Securities and Exchange Commission, E-Circuit Motors is raising $10,000,020.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Brian Casey played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About E-Circuit Motors
ECM’s patented technology for axial gap motors eliminates the need for wire winding and iron laminations used in conventional motors by embedding copper-etched conductors into a multi-layered printed circuit board to form a stator that works in conjunction with permanent magnets. ECM’s proprietary motor design and optimization software fundamentally changes the way motors are designed and manufactured. PrintStator’s optimization algorithms enable users to specify discrete motor characteristics and then models that input to deliver an optimized stator that is immediately ready for large scale production.
To learn more about E-Circuit Motors, visit http://www.e-circuitmotors.com/
Contact:
Brian Casey, Chief Executive Officer
617-719-2700
bcasey@e-circuitmotors.com
https://www.linkedin.com/in/brian-casey-97a776141/
SOURCE: http://www.intelligence360.io
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