Arco Technologies

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Security Type
Common Stock
Categories
Technology
Location
SOMERVILLE, MA
Expected Close Date
September 01, 2024
Target Raise
$9.99K-$1.24M
Security Price
$7.60
Website
arco.tech
Number of Employees
12
Cash
$104,491
Revenue
$621,775
Short Term Debt
$1,257,501
Cost of Goods
$424,235
Long Term Debt
$19,115
Net Income
$-1,230,362

Company Description

Arco Technologies Inc. is a player in the development and manufacture of Next Gen Fuel Cells & Electrolyzers (PEM Fuel Cells & AEM electrolyzer) and has patented DIRECTLINK and SUPERNOVA a disruptive technology that aims to give electric vehicles improved range and charging time with zero emissions, already used by several customers.

Management Team / Advisory Board Bios

Angelo D’Anzi Chairman & CTO BackgroundAngelo is an Italian entrepreneur co-founder of Arco Technologies Inc, a Fuel cell company located in US and in Italy. Past founder of Arcotronics Fuel Cells (Arcotronics Nissei Group now Kemet Group NYSE: KEM). With more than 23 years’ experience in the fuel cell and electrolyzer development, Angelo holds 18 WIPO patents in Vanadium Flow Batteries and Fuel Cells. Angelo has a mechanical engineering background and holds an MBA degree from the LUISS Business School in Rome.

Amount Raised : $493,067
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