Welcome!

News Feed Item

DoE Awards Strengthen QM Power Focus to Become Preeminent Energy Solutions Provider for HVACR

NEW YORK, September 1, 2014 /PRNewswire/ --

QM Power Inc., an enabling platform technology company setting a new high standard for energy efficiency and power density in electric motors, generators and actuators, announced it has been awarded two prestigious highly competitive million dollar awards from the US Department of Energy to expedite its Q-Sync™ motor solution into the commercial refrigeration market and extend it into Heating, Ventilation and Air Conditioning (HVAC) applications with global market share leader Carrier, a unit of United Technologies Corp. and a leading provider to the building systems and aerospace industries worldwide.

"We are very excited to have been chosen for these highly selective and prestigious awards," said PJ Piper, CEO of QM Power.  "These awards ideally position QM Power to strengthen its core focus in becoming a preeminent energy solutions company for the HVAC and Refrigeration markets worth over $10 billion worldwide."

In July, the Building Technologies Office of the DoE selected a QM Power project with United Technologies Research Center (East Hartford, Connecticut) to develop higher efficiency low cost electric motors for HVAC compressor and fan motor applications - http://energy.gov/eere/articles/energy-department-invests-14-million-innovative-building-efficiency-technologies.  In addition, the Building Technologies Office of the DOE also awarded QM Power with funding to demonstrate its Q-Sync fan motor technology in commercial refrigeration with supermarkets, OEMs, utilities, Oak Ridge National Labs and retrofit partners across the country - http://energy.gov/eere/articles/energy-department-invests-6-million-support-commercial-building-efficiency. QM Power has developed higher efficiency 7-16 watt fan motors that are often used in commercial refrigeration systems. QM Power intends to install and demonstrate over 10,000 high efficiency fans in more than 50 grocery stores throughout the US, focusing on open display case retrofits that could result in significant energy efficiency improvements. If fully adopted, the technology has the potential to achieve more than 0.6 quads in energy savings in the US (equal to nearly 176 billion kilowatt/hours of energy efficiency improvements) and reduce energy costs by $1 billion

QM Power's Q-Sync and Parallel Path Magnetic Technologies (PPMT™) are being heralded as next-generation electric motor and generator solutions due to the significant energy-saving, size, weight, reliability and cost benefits for businesses and consumers. QM Power is the first company to commercialize Q-Sync and PPMT technologies backed by ongoing contracts with the Department of Energy, ARPA-E, US Army, US Navy, NASA, National Science Foundation and commercial development partners.  QM Power's combination of vertically integrated development capability, world-class team and intellectual property, position the company well to deliver game changing solutions to its customers. 

"We are excited to be partners working closely with QM Power as they launch and scale these game changing breakthroughs.  QM Power is part of a new generation of dynamic technology companies that we see bringing the next wave of disruptive innovation to the energy sector," said Mark Austin, QM Power Board member and Bright Capital Partner.  

About QM Power: 

QM Power is a private high growth clean technology company developing and commercializing energy solutions for the refrigeration, HVAC, industrial, traction vehicle, power generation, consumer and military markets. 

To learn more about QM Power, visit http://www.qmpower.com.   

About Bright Capital: 

Bright Capital is an independent venture capital firm that invests globally in a wide range of promising companies. Its investments are made across multiple technologies in energy and resource efficiency, green technology, industrial biotech. Bright Capital was named "Cleantech Investor of the Year 2012" by the Cleantech Venture Group. The firm works as a merchant venturing entity in a multi-corporate model, building bridges especially between the US, Russia & CIS, Europe, Middle East and South Eastern Asia. To learn more about Bright Capital, visit http://www.bright-capital.com.


SOURCE QM Power Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...