Sharrow Engineering has filed a notice of an exempt offering of securities to raise $10,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Sharrow Engineering is raising $10,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Greg Sharrow 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 Sharrow Engineering
Sharrow Engineering revolutionized propeller technology with the introduction of the Sharrow Propeller. Invented by Greg Sharrow, the Sharrow Propeller is recognized as the first major advancement in propeller technology since the 1830s. Sharrow Engineerings team of world-class engineers are dedicated to reinventing the methodologies and technologies used for propulsion and flow control, and leaving the world better than we found it. Sharrow Engineering holds over 100 patents around the world and is the parent company for Sharrow Marine, a nautical engineering and manufacturing company that produces and sells the award-winning Sharrow Propeller for the maritime industry. Sharrow Marine is headquartered in the Greater Detroit, MI area.
To learn more about Sharrow Engineering, visit http://www.sharrowmarine.com/
Contact:
Greg Sharrow, Chief Executive Officer
323-839-3364
https://www.linkedin.com/in/gregorysharrow/
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