As reported by EcoMotors International
TROY, Mich. - EcoMotors International CEO Don Runkle announced today that the Company has secured substantial Series B funding – sufficient to complete engineering and testing of the opoc® engine.
The two exclusive investors in EcoMotors' Series B are Khosla Ventures of Menlo Park, California and Bill Gates. The two principals, Vinod Khosla and Bill Gates, indicate their stakes in EcoMotors reflect a shared belief in the global potential of the opoc® technology and the impact it can have on transportation emissions because of its cost effectiveness.
The revolutionary opoc® architecture of opposed pistons and opposed cylinders provides unparalleled benefits:
High Efficiency: The unique engine architecture – which offers true modular displacement capability — delivers up to 50% greater fuel efficiency compared with conventional engines of similar output, along with a corresponding reduction in greenhouse gas emissions .
Half the weight and half the size of conventional engines: The opoc® engine provides unparalleled power density and flexibility in automobile and truck design as well as other engine applications.
Low Cost: With 50% fewer parts than a conventional engine, the opoc® is less expensive to manufacture, to purchase, to operate and to tool up.
Established in early 2008, EcoMotors is quickly achieving critical mass in terms of changing the landscape of internal combustion power. Based in Troy, Mich., EcoMotors is commercializing the unique opoc® engine for use in cars, light trucks, commercial vehicles, aerospace, marine, agriculture, auxiliary power units, generators, etc. Anywhere conventional gas or diesel power is currently utilized, opoc® represents a better propulsion solution.
TROY, Mich. - EcoMotors International CEO Don Runkle announced today that the Company has secured substantial Series B funding – sufficient to complete engineering and testing of the opoc® engine.
The two exclusive investors in EcoMotors' Series B are Khosla Ventures of Menlo Park, California and Bill Gates. The two principals, Vinod Khosla and Bill Gates, indicate their stakes in EcoMotors reflect a shared belief in the global potential of the opoc® technology and the impact it can have on transportation emissions because of its cost effectiveness.
The revolutionary opoc® architecture of opposed pistons and opposed cylinders provides unparalleled benefits:
High Efficiency: The unique engine architecture – which offers true modular displacement capability — delivers up to 50% greater fuel efficiency compared with conventional engines of similar output, along with a corresponding reduction in greenhouse gas emissions .
Half the weight and half the size of conventional engines: The opoc® engine provides unparalleled power density and flexibility in automobile and truck design as well as other engine applications.
Low Cost: With 50% fewer parts than a conventional engine, the opoc® is less expensive to manufacture, to purchase, to operate and to tool up.
Established in early 2008, EcoMotors is quickly achieving critical mass in terms of changing the landscape of internal combustion power. Based in Troy, Mich., EcoMotors is commercializing the unique opoc® engine for use in cars, light trucks, commercial vehicles, aerospace, marine, agriculture, auxiliary power units, generators, etc. Anywhere conventional gas or diesel power is currently utilized, opoc® represents a better propulsion solution.