August 31, 2014 12:35 AM ET

Electrical Equipment

Company Overview of NovaTorque, Inc.

Company Overview

NovaTorque, Inc. engages in the design, development, and manufacture of electric motors for industrial and commercial applications in the United States. Its motors are used in fan, pump, materials handling, conveyance, mixer, grinder, and feeder applications. The company serves original equipment manufacturers and system integrators in the HVAC and refrigeration equipment industries; food processing and packaging, water circulation and pressure boosting, and materials handling; and portable/battery powered applications, such as forklifts, golf-carts, and neighborhood electric vehicles. NovaTorque, Inc. was founded in 2005 and is based in Fremont, California.

3501 Gateway Boulevard

Fremont, CA 94538

United States

Founded in 2005

Phone:

510-933-2700

Fax:

510-933-2763

Key Executives for NovaTorque, Inc.

Chief Executive Officer and Director
Age: 59
Co-founder and Vice President of Product Development
Co-founder and Member of Advisory Board
Co-Founder and Director
Chief Technology Officer
Compensation as of Fiscal Year 2014.

NovaTorque, Inc. Key Developments

NovaTorque, Inc. Appoints Ramon Guitart as Vice President of Engineering

NovaTorque, Inc. announced that Ramon Guitart has joined the company as Vice President of Engineering. Most recently he led a large global R&D team at TECO-Westinghouse Motor Company.

NovaTorque Expands Its Ultra Efficient PremiumPlus+ ECPM Motor Line

NovaTorque, Inc. will introduce new higher 7.5hp and 10hp horsepower models of its PremiumPlus+™ motors at the AHR Expo, January 21-23, 2014 at Javits Center, New York City, NY. NovaTorque will be exhibiting in booth 7182. NovaTorque Electronically Commutated Permanent Magnet motors reduce motor losses (wasted energy) by 30% to 50%. In typical variable speed fan applications that translates into a 5% to 15% energy savings when compared to NEMA Premium induction motors – and much greater savings when compared with the current installed base. Importantly, NovaTorque motors have been designed to compete on a first cost basis with induction motors, providing a rapid payback on the modest price premium. Importantly, due to its unique patented flux-focusing stator and rotor hub geometry, the NovaTorque motor produces this performance with an all-ferrite (versus rare earth) magnet design.

Similar Private Companies By Industry

Company Name Region
Artificial Muscle, Inc. United States
ESI Holdings, Inc. United States
Gridtential Energy, Inc. United States
Luceplan USA, Inc. United States
Marine Electrical Products, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NovaTorque, Inc., please visit www.novatorque.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.