Sapphire Technologies has filed a notice of an exempt offering of securities to raise $11,484,537.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Sapphire Technologies is raising $11,484,537.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Freddie Sarhan 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 Sapphire Technologies
Based in Cerritos, California, Sapphire Technologies develops, manufactures and sells energy recovery systems for hydrogen and natural gas industrial applications. Our FreeSpin In-line Turboexpander systems are specifically designed to convert the energy wasted in pressure reduction processes into electric power without interrupting manufacturing or processing activities. Sapphire Technologies systems are specifically designed to convert the energy wasted in pressure reduction processes into electric power without interrupting manufacturing or processing activities, thereby facilitating efficient transportation in pipelines across long distances for safe delivery through local distribution networks.
To learn more about Sapphire Technologies, visit http://www.sapphiretechnologies.com/
Contact:
Freddie Sarhan, Chief Executive Officer
562-293-1362
https://www.linkedin.com/in/freddie-sarhan-growth-exec/
SOURCE: http://www.intelligence360.io
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