Halo Energy

Low-cost, high-efficiency micro wind turbines for widespread wind generation Halo Energy aims to use its patent-pending shroud technology to build one of the world's most efficient, small-scale wind turbines.Small wind struggles as a viable energy category because most small-scale wind turbines are inefficient compared to conventional energy sources or even larger wind turbines.We want to change that narrative.Based on our research, because of higher tip losses relative to rotor size, conventional open-bladed wind turbines become increasingly inefficient the smaller they get. Not so with Halo's shrouded wind turbines. Ours are designed to maintain constant efficiency across rotor diameters enabling them to achieve a power coefficient (Cp) that can outperform conventional comparably-sized turbines. Halo's 6kW wind turbine can be used in a broad range of on-site generation applications. But we believe its compact size and high electrical output make it uniquely suited for installation on telecommunications towers, offshore oil & gas platforms, and mobile power facilities that typically rely heavily on diesel generators as their primary or backup power source.  Within these applications, our turbine can be mounted to existing structures eliminating the need for expensive stand-alone towers and foundations.  We believe these highly concentrated markets will allow Halo to deploy a single solution that can be applied across an organization's entire portfolio. By deploying the Halo turbine to offset the consumption of diesel fuel, facility owners lower their OPEX by reducing the cost of electricity and the many logistical challenges of diesel transport and refueling.   

Over $25,000 investment: Dinner in Boston with Halo Team (including CEO, CDO & advisors)
Over $50,000 investment: Site visit Coachillin Canna-Business Park in CA to see five (5) of Halo Energy’s first commercial turbines
Over $100,000 investment: Invitation to to all board meetings as a non-voting participant
Over $250,000 investment: Three (3) Halo turbines delivered to site of choice
Over $500,000 investment: One-week, expenses-paid visit to Shenzhen, China to visit Halo's manufacturing facility

Eight (8) provisional patent applications filed for the advanced shroud technology (CEO named as the inventor and is drafting an assignment agreement between himself and Halo Energy)
Executed Contract with Shenzhen Valley Ventures (SVV), a full-service engineering, design-for-manufacturing (DFM) and contract manufacturing consortium
First purchase order received from DRS Global Enterprise Solutions (a wholly-owned subsidiary of Leonardo DRS)
CEO has 17 years of experience in business and patent law
Signed Distributorship Agreement with Wesbell Technologies, a designer and manufacturer of telecommunications towers in Canada, the Bahamas, and the Caribbean for sales support

Certification: 20% - 5%

Contract Engineering: 20% - 10%

Pre-Commercial Deployments: 30% - 20%

Tooling: 10% - 20%

Business Development: 20%

Salaries: 0% - 25%

Vin Loccisano - CEO
Vin Loccisano is a co-founder and CEO of Halo Energy where he directs the company's engineering, product development, and manufacturing activities. Prior to founding Halo Energy, Vin held a variety of executive and legal roles at Schlumberger. He was an early employee at Ogin Inc. and served as Ogin’s Chief IP Counsel. He was also the founder of Simulation Design and Engineering Corp., a firm that specialized in rapid prototyping and project deployment in the anti-terrorist protection and threat assessment field in Africa, Russia, East Asia and the Middle East.Vin holds a BS in Mechanical Engineering from Lehigh University (’97), a Juris Doctorate from Suffolk University (’01) and a sponsored executive MBA from the Rotterdam School of Management, Erasmus University (’09).*The Company does not currently have employment contracts with its employees.

Charlie Karustis - Chief Development Officer
Charlie Karustis is the Chief Development Officer at Halo Energy and is charged with identifying distributed energy markets globally and procuring micro wind turbine customers. Mr. Karustis has more than 25 years of professional experience providing environmental consultancy services and developing wind energy generation projects throughout the US. He is experienced in market research, fatal flaws analyses / due diligence, land leasing, environmental and engineering studies management, local, state, and federal permitting, turbine micrositing, and power contract procurement. He is a highly motivated, self-starter that has been working in various entrepreneurial capacities in wind energy for the last 7 years.In 2015, he conducted due diligence and purchased an operating 4.2 MW wind farm in Palm Springs, California and procured a new power purchase agreement with Southern California Edison. His was the first wind farm to successfully procure a ReMAT contract (feed-in-tariff) in the State of California. He was able to improve the performance of the wind farm and sold the wind farm in 2018 for a multiple of 6 times what he had invested.*The Company does not currently have employment contracts with its employees. 

Oliver Foley - CFO
Oliver Foley is a co-founder of Halo Energy and is responsible for the company’s financial and commercial operations. Prior to founding Halo, Oliver was Director of Finance at Ogin, Inc., where his responsibilities included financial planning, fundraising, M&A, and business development. He also managed the operation of Ogin’s portfolio of wind farms with a generating capacity totaling 90MW.Oliver received an MBA with distinction from The Tuck School of Business at Dartmouth College and a B.A. from Davidson College.*The Company does not currently have employment contracts with its employees. Oliver is working part-time as he is also currently employed by a digital sales company.

Interest Rate: 5%

Note Term: 24 months

Conversion Discount: 20%