Press Room Hot Headlines |
|
Wilson TurboPower $7M Round to Enable Testing of Breakthrough-Efficiency Ceramic Turbine That Could Produce Lowest-Cost Onsite PowerWoburn, MA – January 22, 2008 – Having successfully proven the breakthrough efficiency of a unique ceramic heat exchanger, Wilson TurboPower of Woburn, Massachusetts, has closed on $4 million in addition to nearly $3 million raised just two months ago. This brings the total Series-A closings and near-term staged investments to nearly $18 million. The company will use the funding to complete development of an exceptionally efficient and clean-burning ceramic-bladed microturbine that incorporates the Wilson Heat Exchanger™. Both breakthrough-efficiency technologies were invented at the Massachusetts Institute of Technology. Final engineering and fabrication of a 300 kWe Wilson Microturbine™ prototype for onsite power generation will begin in early 2008, with testing and refinement expected to be completed by late 2008 or early 2009. According to Bruce Anderson... |
|
 |
 |