Square1 Energy, LLC (“S1E”) owns the exclusive worldwide rights for the use of its proprietary technology.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Nicholasville
State: Kentucky
Zip:
Country: United States
Square1 Energy, LLC (“S1E”) owns the exclusive worldwide rights for the use of its proprietary technology - a commercially available hydrogen injection system that has been demonstrated in audited industrial applications to enable engines to burn fuel significantly more efficiently, resulting in improved power, substantial increases in MPG and lower levels of emissions pollution. Square1 Energy is seeking capital to fund marketing, manufacturing, and distribution operations of its proprietary technology . The Hydro-Maxx™ system is adaptable for use on virtually any 4-stroke engine in operation in the world today. The core of the unique Hydro-Maxx™ systemis a “Servo Integrated Controller” whose unique software algorithms are imbedded on proprietary silicon chips. This Servo controls voltage/current and temperature feedback sensors that prevent thermal runaway, enable continuous gas production, and minimize the size requirement of the power source and electrolytic cells required to split water into hydrogen for a given level of gas production. Applications include all forms of fossil fuel based transportation, electric power generation, heating/cooling systems, stationary engines and equipment used in agriculture and natural gas exploration (pumps and compressors), radioactive waste or oil spill processing, water purification, and high Oxidation Reduction Potential (ORP) antioxidant bottled water. In one nine month over-the-road truck test, during which the truck logged 187,000 miles, the fuels savings exceeded $1,000 per month and enjoyed total savings in nine months of over $14,000. When capitalized, the Company expects to begin delivery of Hydro-Maxx™ units within 90-120 days of receiving initial purchase orders through direct sales and distribution partnerships, Longer term, management believes that a large percentage of its revenues will be generated through global distribution licensing and licenses to vehicle manufacturers.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2014 | Equity Crowdfunding | $325k |
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