July 23, 2017 10:24 AM ET

Machinery

Company Overview of QM Power, Inc.

Company Overview

QM Power, Inc. manufactures and sells magnetic circuits and electronic controllers for electric motor, generator, and actuator markets in the United States and internationally. It offers synchronous and electronic start motors, and fan motors for various commercial refrigeration and HVAC applications, including reach-in display cases, vending machines, ice machines, ERV-HRVs, VAVs, furnace fans, and agricultural ventilation. The company also provides financing and services programs. It offers its products online. QM Power, Inc. was founded in 2006 and is based in Kansas City, Missouri.

9680 Marion Ridge

Kansas City, MO 64137

United States

Founded in 2006

Phone:

816-246-4200

Fax:

816-246-4203

Key Executives for QM Power, Inc.

Co-Founder and Chief Executive Officer
Financial Controller
Compensation as of Fiscal Year 2017.

QM Power, Inc. Key Developments

QM Power Introduces the High Efficiency Fan Motor on the Market: the Q-Sync™ Smart Synchronous Motor

QM Power introduced the Q-Sync Smart Synchronous Motor, a new class of energy efficient motors that shatters the industry’s standard in fan-motor performance and reduces energy consumption up to 80%. Q-Sync improves the power quality and reliability of fan motors and provides businesses and OEMs with significant new energy savings retrofit opportunities for the same cost as legacy fan motors. Q-Sync is currently available for refrigeration applications and will expand into additional markets in 2016. QM Power is offering a risk-free financing and services program for Q-Sync to make it easy for businesses to begin reducing their energy costs immediately. Interested businesses can retrofit their equipment with Q-Sync motors at no cost in exchange for sharing their energy savings with QM Power under contract. A simpler, smarter controller with streamlined electronics is at the core of QM Power’s breakthrough design for Q-Sync. An ECM requires continual conversion between AC and DC power throughout its use to operate; however, Q-Sync’s innovative controller quickly and efficiently eliminates the need for power conversion after the motor starts. Q-Sync’s advanced electronics quickly get the motor to its targeted speed, and then efficiently shift the motor to AC power supplied directly from the grid. And because Q-Sync is a permanent magnet motor, it eliminates the additional energy requirements and slip that is associated with a shaded-pole motor. The result is a motor that provides up to an 80% reduction of energy at the meter and an 80% reduction at the grid. Because its electric circuit runs for a fraction of the time required by an ECM motor, the Q-Sync motor is more reliable and lasts longer. Additionally, it features water resistant casing that prevents common wear and tear from on-site elements. As a result, QM Power offers a 2-year warranty on its Q-Sync motors, which is double the industry standard. In addition to transforming electrical energy into mechanical energy more efficiently than an ECM, a Q-Sync motor has a greater than 50% advantage in power factor than an ECM, meaning it accepts energy from the grid more efficiently. Because the Q-Sync motor uses less power, it reduces stress on the grid and can help utilities reduce spikes in energy use and costs. Recognizing its significant potential for energy savings, the Department of Energy (DOE) has named Q-Sync a High-Impact Technology. Over the course of the year, the DOE is working with QM Power, OEMs, supermarkets, service and retrofit contractors and utilities to install and demonstrate over 10,000 higher efficiency Q-Sync fan assemblies in over 50 grocery sites throughout the US. The results of the first DOE demonstration have been documented in a newly released publication by Oak Ridge National Laboratory. The Oak Ridge report reveals a broader upgrade of the Q-Sync fan motors to applications beyond commercial refrigeration could reduce source energy consumption by as much as 300 billion kilowatt-hours or more, with proportional environmental benefits.

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Recent Private Companies Transactions

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