concord capital partners

Need $300K to produce "A Samples" of "smart" (continuous control) torque motor that improves performance of autoTurbochargers & EGR system.

  • Stage Prototype Ready
  • Industry Electronics / Instrumentation
  • Location Reading, MA, USA
  • Currency USD
  • Founded June 2013
  • Employees 2
  • Website fraen.com

Company Summary

Company has 10-year history producing similar motor (sold 116 million units). Company has invested $1.1 million to develop and market working prototype. T110 Motor enables auto manufacturers to meet tighter Fuel Economy & Emission Standards Patent is pending. Payback is 2 years.T110 serves growing global market. Annual sales projections for 2017 are 50 MM Turbochargers & 30 MM EGR systems. T110 outperforms by 30% the nearest competitor's motor.

Team

  • John Lambert
    CEO

    Over 20 years experience in automated manufacturing (Gilette and Fraen Advanced Manf. Div.). Oversaw automated production of over 116 million electric stepper motors.

  • Jamal Tbatou
    Senior Scientist

    Inventor of the T110 torque motor. Has ove 15 years experience designing electric motors for the world's leading electric motor companies.

  • Rudy Yaksick

Advisors

  • Anthony Bolzan
    Lawyer
    Unconfirmed

Previous Investors

  • John Lambert-CEO
    Unconfirmed

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