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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... |
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$3M Round Enables Wilson TurboPower to Adapt Ultra-Efficient Ceramic Heat Exchanger to Demanding Applications for Leading Industrial CustomersWoburn, MA – October 5, 2007 – Having successfully achieved several technology milestones in heat-exchanger performance, Wilson TurboPower of Woburn, Massachusetts, has raised $3 million from new and returning investors, and is raising an additional $2 million at the same terms before the end of this year. The new funding will be used to build Beta units of the company’s breakthrough-efficiency heat exchanger for testing with prospective customers in several unique applications. The results are expected to achieve significant energy savings along with a reduction in carbon and other harmful emissions. Compared to conventional metal heat exchangers, the Wilson Heat Exchanger™ uses a more effective ceramic core driven by proprietary technology developed at the Massachusetts Institute of Technology by Professor Emeritus David Gordon Wilson, the company’s cofounder and chief scientist. In addition to being up to 98% efficient and only a fraction the size, the Wilson Heat Exchanger can withstand considerably higher operating temperatures up to 1,400°C (2,500°F). This high-temperature capability can generate greater energy savings for industries now using conventional heat exchangers and is expected to enable several new heat-recovery processes. |
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Ultra-Efficient Heat Exchanger from Wilson TurboPower to Be Adapted by PraxairStrategic alliance provides both companies with new breakthrough-efficiency products and applicationsWoburn, MA – December, 2006 – Wilson TurboPower, Inc., has signed an agreement with Praxair, Inc., to adapt Wilson TurboPower’s patented rotary-regenerator heat exchanger to improve the oxy-fuel combustion process used by Praxair’s oxygen customers. The Wilson Heat Exchanger™ produces a remarkable heat-transfer efficiency (effectiveness) of over 97% and can operate at temperatures exceeding 1,800 degrees F (1,000 degrees C) — well above the efficiencies and operating temperatures of metal heat exchangers. And the Wilson Heat Exchanger is also more compact than metal units. This highly compatible application of the Wilson Heat Exchanger promises to reduce operating costs, save considerable space, and increase productivity and throughput. As a consequence of Praxair’s anticipated success, Wilson TurboPower is expecting to further prove the versatility of their technology in yet another thermal-energy-transfer process. Bruce Anderson, CEO and cofounder of Wilson TurboPower, characterized… |
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Wilson TurboPower’s David Gordon Wilson Presents Seminal Scientific Paper at International Turbine CongressPeer-Reviewed Paper Outlines the Theory and Design of Wilson TurboPower’s New Revolutionary Heat ExchangerWoburn, MA – May 15, 2006 – Wilson TurboPower, Inc., announced today that its technology inventor and founder Dr. David Gordon Wilson presented a seminal scientific paper this week in Barcelona, Spain, at the 51st Annual ASME Turbo Expo. The paper was cowritten by Jon Ballou, WTP’s Senior Design Engineer. The Expo is the flagship event of the International Gas Turbine Institute, which organizes the world’s largest technical meetings and exhibitions exclusively for the exchange of gas-turbine technology. The event is organized under the auspices of the American Society of Mechanical Engineers (ASME). The paper is called “Design and Performance of a High-Temperature Regenerator Having Very High Effectiveness, Low Leakage and Negligible Seal Wear.” It is available for download at www.WilsonTurboPower.com/regenerator. It has been designated the ASME paper number GT 2006-90095. WTP announced earlier this year that it had achieved a breakthrough in industrial heat exchangers that the industry has been trying to accomplish since 1940. This paper describes both the theory and the design of the device called a “regenerator.” Using MIT-patented technology, licensed exclusively to WTP, it demonstrated operating temperatures above the ranges at which metal heat exchangers typically perform, in excess of 1650°F (900°C). With further development, it is expected to operate at even higher temperatures. The ceramic rotary regenerator, being commercialized by WTP… |
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Wilson TurboPower Secures Series A Round of FundingProceeds to Be Used to Commercialize Its Revolutionary Heat Exchanger and Develop Its Super-Efficient MicroturbineWoburn, MA – May 1, 2006 – Wilson TurboPower, Inc., announced today it has closed its Series A round of financing. The entire $815,000 was provided by current individual investors who have funded the company since inception. WTP announced earlier this year that it had achieved a breakthrough in industrial heat exchangers that the industry has been trying to accomplish since 1940, triggering this current round of funding. Using MIT-patented technology, licensed exclusively to WTP, it demonstrated operating temperatures above the ranges at which metal heat exchangers typically perform, in excess of 1650°F (900°C). With further development, it is expected to operate at even higher temperatures. The ceramic rotary “regenerator” also transfers heat from one gas to another at exceptionally high efficiencies, in excess of 98%. To achieve this same level of efficiency, metal heat exchangers typically must be substantially larger. The Wilson Heat Exchanger™ will enable lower-cost electricity generation from fuel cells and microturbines than that made possible by existing heat-exchanger products. The heat exchanger will also enable a variety of other processes to operate at higher efficiencies, thereby generating additional energy and cost savings. Applications under consideration… |
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Wilson TurboPower Achieves Heat-Exchanger BreakthroughSuper-High Temperatures and Efficiency, Now Demonstrated, Can Enhance Fuel Cell, Microturbine, and Other Industrial Process PerformanceWoburn, MA – February 23, 2006 – Wilson TurboPower, Inc., has achieved a breakthrough in industrial heat exchangers that the industry has been trying to accomplish since 1940. Using MIT-patented technology, licensed exclusively to WTP, it has demonstrated operating temperatures above the ranges at which metal heat exchangers typically perform, in excess of 1650°F (900°C). With further development, it is expected to operate at even higher temperatures. In addition to operating at unusually high temperatures, WTP’s ceramic rotary “regenerator” also transfers heat from one gas to another at exceptionally high efficiencies, in excess of 98%. To achieve this same level of efficiency, metal heat exchangers typically must be substantially larger than WTP’s. WTP’s super regenerators will help enable lower-cost electricity from fuel cells and microturbines than is possible using current heat exchangers. They will also help enable a variety of other applications to operate at higher efficiencies, thereby saving both energy and cost. Examples include hydrogen reforming, metal refining, and food and pharmaceutical processing. The regenerator can also be used in cold applications such as air-cycle cooling and refrigeration. The rotary regenerative heat exchanger was patented by… |
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