Freedom Motors has built and demonstrated Rotapower rotary engines of various sizes, from 2.5 hp to 360 hp, for many different applications. (See table of engine families, and see Exhibit A.) All engines based on our 150cc, 530cc and 650cc core displacement designs are ready for volume production. The 530cc design includes all our latest IP, and subsequently has the greatest power to weight efficiency and expected run life of all the engine models. We are currently partnered with a company in Canada to demonstrate our 530cc engine for electrical generation using unfiltered biogas as a fuel source (from a waste-water treatment facility). We will be gathering engineering data and run-time experience on our engine’s capabilities in this application over the next several months as we work to... [Read More]
Equity is a stock or any other security representing an ownership interest.
September 04, 2018
November 06, 2018
The maximum raise of $107,000 in this Regulation CF offering will be used for the following purposes over the next two months. $25,000 will be applied to professional and legal fees to complete a complete 2-year financial review so the Company can continue to raise funds through a second-stage Regulation CF offering (up to the $1.07 million limit). $20,000 of these raised funds will be used toward debt service. The remaining amount of $55,580 will be used to pay for normal operational expenses, employee and consultant compensation, as well as allow us to complete the testing of our prototype Biogas Gen-Set which is currently in development.
Dr. Moller founded the predecessor companies to Moller International in 1967 and has served as the company’s President since its formation. He holds a Master in Engineering and Ph.D. from McGill University. Dr. Moller was a professor of Mechanical and Aeronautical Engineering at the University of California, Davis, from 1963 to 1975, where he developed the Aeronautical Engineering program. In 1972 he founded SuperTrapp Industries and was Chief Executive Officer, as SuperTrapp became the most recognized international name in high-performance engine silencing systems. SuperTrapp Industries was sold in 1988. In 1983 he founded Moller International to develop powered lift aircraft and the engines to power them. In 2001 Moller International spun off their engine division, now called Freedom Motors. Dr. Moller has been either Chairman of the Board or President of Freedom Motors since its formation.
Chairman of the Board
Dr. Toreson has over 16 years of experience as a chief executive, and over 20 years of experience in manufacturing, including quality control, materials management, JIT production, process control, and manufacturing engineering. He also has eight years of experience in flexible automation, statistical process control (SPC), and quality system including ISO 9000 and Six Sigma programs. More recently as the founder of ONSHORE, a management consulting firm specializing in technology-intensive products and services he has acted as the CEO of Chineseinvestors.com, an Internet portal serving the world-wide ethnic Chinese marketplace for financial services; VP of Marketing and Sales of APPIANT Technology, Inc., a NASDAQ company providing ASP services for speech recognition. Dr. Toreson works full time as CEO or Toreson Industries, and is our current Board Chariman. Dr. Toreson has a BSEE and MSEE from the University of Michigan, a Dr. of Science from the University of Nevada.
Mr. Stevens received his B.S in Electronic Engineering from Brigham Young University in 1984. He then joined General Research Corp. working on their advanced missile fire control and guidance systems. In 1993 he received a B.S. in Mechanical Engineering from California State University where he also did graduate work on engine and hybrid car development. He then joined GSC Inc. where he was a program manager during their development of two stroke diesel engines. In 1997 he joined the company and was program manager during the development of its Rotapower® engine and propulsion systems for the Skycar Volantors and Aerobots. He has been full time with Freedom Motors since then.
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