Great Point Capital, LLC (“GPC”), a Chicago-based investment firm, has been engaged by AML Superconductivity & Magnetics as its strategic advisor for an $8 million preferred equity raise for the Company. AML will use the new capital for development and pilot manufacturing for its disruptive permanent magnets and demonstration of the Company’s high power density electrical machines motors and generators for electric propulsion applications. For investment information contact – firstname.lastname@example.org
AML is an applications development company enabling revolutionary and transformational magnet based solutions for energy, aerospace, medical, and science. Building on previous successes and enabling IP, the company is today focused on enabling the unmet challenges for practical electric aircraft propulsion and disruption of the existing electric vehicle market. AML is the world’s leader in magnet development, magnets are the heart of electrical machines, and electric machines enable electric transportation (E-mobility). Fully engaged with market leaders, AML is applying unique experience, proprietary design software and the world’s most advanced magnet technology to disrupt multiple, multi-billion dollar markets.
AML is targeting strategic partnerships and customers in the E-mobility space. This includes companies developing solutions for: electric aircraft and automotive; drones and eVTOL (electric Vertical Take Off and Landing); industrial motors; permanent magnet manufacturing.
Stage of Business growth
AML’s team has a 20-year history of extensive business, application and project execution experience. Historically the company has generated revenue designing and manufacturing high-value solutions for NASA, U.S. Department of Energy, leading universities and industry (GE, Halliburton, and Emerson Corporation). Today, the company is leveraging its experience and extensive IP portfolio to address the E-mobility market – electrification of the transportation industry.
AML’s Technology Platform is Unique, Differentiating, and High Barriers to Entry
- Competitors like GE, Siemens, ABB and Emerson utilize conventional magnet technologies which fundamentally have not changed since first invented in the late 1800s.
- Intellectual Property – Patents 25 (14 pending); Software Coil-CAD™; Manufacturing Processes.
Use of Funds
AML will validate the world’s highest power density machines and establish pilot manufacturing for company’s disruptive permanent magnet technology.