Waterotor Energy Technologies, Inc.
Waterotor will provide continuous, green, electrical energy from ocean currents and river currents for just 5 cents per KWh.
- Stage Product In Development
- Industry Clean Technology
- Location Ottawa, ON, Canada
- Currency USD
- Founded December 2010
- Employees 6
- Website waterotor.com
Company Summary
Waterotor Energy Technologies, Inc. sells, builds and installs 20kw Waterotor units throughout the world, with initial emphasis on energy requirements of Pacific Island nations. Island nations must ship in expensive diesel fuel to run generators that produce electricity for 44 cents to 49 cents per kWh. Waterotor can generate electrical energy from ocean currents and river currents for just 5 cents per kWh. Island nations need Waterotor now!
Team
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Fredrick FergusonChief Executive Officer
Past Director of Air Industries Association of Canada. Past Chairman of AIAC Civil Airworthiness Directorate. Recipient of Canadian Government Industry Award of Excellence in Invention. Recipient of Problem Solving Award by American Association Advancement of Science. Received American Institute of Aeronautics Award for Innovative Technologies for "Exploration of Space". Direct Descendant of Samuel F.B. Morse, Inventor of Telegraph.
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Ronald H. SumnerChief Financial Officer
30 years experience in banking and finance. Senior Executive V.P and Vice-Chairman of Export Development Corp., Headed $1+billion IPO making Repap the largest coated paper facility. Arranged in excess of $6-billion in both equity and debt issues. Honours BA in Economics from Bishops University and a MBA in Finance from the University of Western Ontario.
Previous Investors
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Frederick FergusonUnconfirmedAnthony J. AsteritaUnconfirmedBarry MonetteUnconfirmed
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