Cool Technologies, Inc. develops and focuses to commercialize dispersion technologies in various product platforms. The company has developed and is commercializing an electric load assist (ELA) technology around which the company has designed a vehicle retrofit system. In conjunction, it has applied for trademarks for one of its technologies and its acronym. The markets for products utilizing the company’s technology include consumer, industrial and military markets, both in the U.S. and internationally. The company’s initial target markets include those involved in moving materials and moving people, such as motors/generators; mobile auxiliary power; compressors; turbines (wind and micro); bearings; electric vehicles, such as rail, off-highway, mining, delivery, and refuse; brakes/rotors/calipers; pumps/fans; passenger vehicles, such as auto, bus, train, and aircraft; commercial vehicles, such as SUV, light truck, tram, and bucket truck; military, such as boats, humvee, truck, and aircraft; and marine, such as boats ranging in size from 30 feet to 120 feet and beyond. Technologies The company’s technologies are divided into three complementary categories, such as heat dispersion technology, mobile electric power and ELA. Heat Dispersion Technology The company’s patent portfolio covers the application and integration of its heat pipes into various cooling schemes for enhanced heat removal in motors, generators, and various other industrial applications, including marine, aviation, and military. Mobile Power Generation The company has a proprietary gearing system, which is used to power an on-board generator, eliminating the need for some commercial vehicles to tow a mobile generator to a work site. The company intends to offer an on-board generator installation kit as a stand-alone (Mobile Generator) for third parties and as part of an in-house brand (Ultimate Work Truck). ELA Technology The company has also developed proprietary ELA technology. The technology is the centerpiece of the company’s vehicle retrofit system (separate and apart from its heat pipe technology and heat dispersion product development partnerships), which also relies on the benefits of heat removal by composite heat structures and heat pipe architecture, and is protected by patents and patents-pending. The company’s ELA technology is compatible with any manufacturer, as well as any power source, including traditional gasoline/diesel engines, compressed natural gas, batteries and fuel cells. The company’s technology would have a range of marine, aviation, industrial and military applications. Initially, the company intends to implement a version of its ELA system technology for on-board mobile auxiliary power, which the company anticipates would generate revenue from transport companies and other businesses, which own and/or manage fleets of Class 2, 3, 4 and 6 or light to medium-duty trucks. Suppliers For mobile power generation, the required software and its vehicle integration would be supplied for the company by Inverom Corporation along with partner truck up-fitters. Production level quantities would be handled by KATO Engineering, a brand manufactured by Emerson Industrial Automation, a division of Emerson Electric Company, with a backup of various other sources, if needed, such as Regal Beloit, Generac, etc. For the thermal technology applications in electric motors, Thermacore, Inc. would supply the heat pipes and mechanical structure, which combine to make the heat exchangers. The company would coordinate with Thermacore to combine its thermal technology with Thermacore technology in the creation of heat exchangers. For dry pit submersibles, the wound stator and the rotor-shaft would be purchased from Nidec Motor Corporation or other partner sources, such as Baldor Electric, Regal Beloit and others. The fully-machined castings would be purchased from the Quality Castings Company, located in Orville, Ohio. Intellectual Property As of March 8, 2016, the company owns five US patents and has seven patent applications pending in the area of composite heat structures, motors, and related structures, heat pipe architecture, applications and a parallel vehicle platform. The company also has a Patent Cooperation Treaty application filed for a heat pipe cooled brake system. In addition, the company has applied for a trademark for an acronym for one of its technologies ‘TEHPC’. Government and Industry Regulation The company’s designs comply with Environmental Protection Agency emission standards. Research and Development During 2015, the company incurred research and development costs of $824,711. History The company was formerly known as HPEV, Inc. and changed its name to Cool Technologies, Inc. in August 2015.
cool technologies inc (WARM:OTC US)
8875 Hidden River Parkway
Tampa, FL 33637
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