NovaTorque Accomodates Company Growth with Move to Larger Headquarter Facility
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3501 Gateway Blvd.
Fremont, CA, 94538
Press release date: March 23, 2012
Fremont, CA - NovaTorque, Inc. (www.novatorque.com) a Fremont, CA based producer of high efficiency, cost effective, permanent magnet motors, has completed its move from its 12,500 square foot facility in Sunnyvale, CA, to the company's new headquarters, a 27,000 square foot facility in Fremont, CA.
"In the past six months NovaTorque has achieved a number of milestones leading to the need for a larger facility, including implementing the company's first commercial applications, landing a major development project, launching a new product range and establishing a US-based manufacturing partner to accommodate NovaTorque's high volume customers. The company is also continues to hire additional new employees," says Emily Liggett, NovaTorque's Chief Executive Officer.
Driven by variable frequency drives, NovaTorque's new Gen2.0 PremiumPlus+(TM) brushless permanent magnet motors reduce energy consumption by 7% to 12%, when compared with a premium efficiency AC induction motor.
"Our vision is that this radically new, cost effective and far more energy efficient electric motor design will be as ubiquitous tomorrow as the common AC induction motor is today" says Liggett.
Electric motors are everywhere, and nearly half of the electricity produced in the word is used to drive electric motors. The International Energy Agency estimates that "The potential exists to cost effectively improve the energy efficiency of electric motor systems by 20% to 30%." Adoption of their recommendations, all easily economically justified, would result in a savings of $110 billion/year in energy costs and a reduction in 1.3 billion tons of CO2 emissions each year. These are significant numbers with enormously positive potential consequences, both economic and environmental. Further, they are based on what was considered the current state of art - premium efficient induction motors driven by variable frequency drives. NovaTorque's innovative technology provides the real potential to significantly increase those savings. Learn more Achieving High Electric Motor Efficiency, a technical White Paper presented by NovaTorque Chief Technical Officer John Petro at EEMODS 2011, and in this third party comparison performance report of NovaTorque's motors by ADM Associates as presented to the Sacramento Municipal Utility District.
ABOUT NOVATORQUE, INC.
Based in Fremont, CA, NovaTorque is a producer of brushless permanent magnet electric motors. The Company is dedicated to delivering the superior energy efficiency of permanent magnet motors at price points more comparable to the common AC induction motor. NovaTorque accomplishes this through an innovative, flux-focusing, design that allows for the use of ferrite rather than rare-earth magnets.
For more information visit Tel.: 510.933.2700, Fax: 510.933.2763, www.novatorque.com, firstname.lastname@example.org
Editorial Contact: Chris Nelson - 612.237.4443
Technical Contact: Kim Baker - 510.933.2702