51.9 F
Fort Worth
Sunday, October 25, 2020
Business Linear Labs partners with Swedish firm to expand reach

Linear Labs partners with Swedish firm to expand reach

Other News

Pandemic hammers small businesses vital to economic recovery

EDITOR'S NOTE — Small businesses around the world are fighting for survival amid the economic fallout from the coronavirus pandemic. Whether they...

A look at big issues on Supreme Court’s agenda

Some of the issues either already on the Supreme Court's docket when it begins its new session or likely to be before...

Wall Street posts solid gains after surge in corporate deals

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street kicked off the week with a broad...

Tarrant County ranks low in work-from-home study by NAR

North Texas ranks pretty high in the “Work from Home” category, according to a just-released study by the National Association of Realtors....

Linear Labs of Fort Worth, a creator of the next generation of electric motors, announced a partnership with Swedish electric powertrain designer Abtery April 29, saying the deal will bring Linear :ab’s technology to the global marketplace.

Linear Labs will be providing a license to the patented technology of the Hunstable Electric Turbine to Abtery.

The announcement follows the March 26 announcement that Linear Labs had successfully closed a $4.5 million seed round led by Science Inc. and Kindred Ventures with participation from investors Chris and Crystal Sacca, Ryan Graves of Saltwater Ventures, Dynamic Signal CEO Russ Fradin, Masergy Executive Chairman and former-CEO Chris MacFarland, as well as Ustream co-founder Dr. Gyula Feher.

The company said then that the funding would be used to market the company’s revolutionary electric motor, the Hunstable Electric Turbine, across the electric vehicle industry as well as the micro-mobility (scooters), robotics, wind turbine and heating, ventilation and air conditioning (HVAC) industries.

“The partnership between Abtery and Linear Labs is a strategic move for both companies,” Brad Hunstable, CEO of Linear Labs, said in a news release. “They now have a superior electric motor to offer as the heart of their electric propulsion system designs and Linear Labs has a partner that is working with the world’s leading manufacturers to develop the future of mobility applications.”

Abtery is based in Gothenburg, Sweden, and focuses on various facets of the growing electric vehicle market, including automotive, aviation, micro-mobility (scooters) and marine industries, the news release said.

The Linear Labs HET is an entirely new class of motor that uses multiple rotors in ways never before devised and that have the ability to adapt to conditions while in motion, the news release said.

Compared to the top permanent magnet motor on the market, it produces two times the torque density, three times the power density, two times the output per given motor size and minimum 10 percent more range, ideally designed for mobility applications, the company said.

“The Hunstable Electric Turbine will give our partners a clear advantage in the highly competitive electric mobility space,” said Martin De la Vega, CEO of Abtery. “We see its uses to be infinite in terms of reaching our clients’ elevated performance, size, weight and range requirements.”


– FWBP Staff

Latest News

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

By KIM TONG-HYUNG and HYUNG-JIN KIM Associated PressSEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the...

Best Maid can put you in a pickle store

Fort Worth's Best Main can put you in a pickle – a pickle store, that is. Friday, Fort Worth’s...

Facebook Data Center honored with Vandergriff Award

The Facebook Data Center was honored with the annual Fort Worth Chamber of Commerce’s Vandergriff Award at the Chamber’s 10th Annual State...

US airlines still piling up losses but say demand is rising

By DAVID KOENIG AP Airlines WriterDALLAS (AP) — Airlines are piling up billions of dollars in additional losses as the pandemic chokes...

Pandemic hurts AT&T in 3rd quarter; wireless unit stable

By TALI ARBEL AP Technology WriterNEW YORK (AP) — The pandemic continued to hit AT&T through the third quarter as closed theaters,...