MELBOURNE, FL –(October 1, 2017) – AML Superconductivity and Magnetics (AML) has been selected to present to over 250 investors and industry experts from the life science and tech sectors as well as government representatives at OktoberINVESTfest in New York City. This annual event, hosted by Invest in Bavaria, is celebrating its six-year of bringing together leading companies and financiers from around the world.
This event, held on October 25th, aims to foster innovation and transatlantic investment through connecting companies with growth opportunities in Europe, notably Bavaria, which is a top-tier region in Europe for medical devices, biotech, mobility and other emerging technologies.
Mark Senti, AML’s CEO will present the company’s investment and business strategies with an overriding objective to secure strategic and investment partnerships for commercialization of electric propulsion for electric aircraft such as drones, eVTOL (Electric Vertical Take Off and Landing vehicles) and next generation passenger aircraft.
AML’s enabling electric propulsion technology has the potential to set a new standard – the lightest and most efficient motors available today, which is a key component to the successful development of next generation transportation systems.
“With eVTOLs already in flight in the Middle East and with the U.S. expecting to have full operations of flying cars in less than 5 years, the future of electric aircraft is today,” stated Senti.
Over the past two decades AML has narrowed and refined its expertise to become a world leader in magnet and magnet application development. “Given that magnets are the heart of electrical propulsion, we believe that our efforts for enabling electric transportation (E-mobility) will change the world, “ added Senti. This lays the groundwork for disrupting multiple, multi-billion dollar markets.
About AML Superconductivity and Magnetics
Founded in 1995, Advanced Magnet Lab, Inc. (AML or d/b/a AML Superconductivity and Magnetics) is at the leading edge for the development of innovative products and solutions for energy, medical treatments and the environment. Combining their unique expertise with proprietary design software, magnet technology and manufacturing processes, the company has a long history of successful applications. Validated by the Department of Energy, NASA, international laboratories, universities and corporations, AML is at the forefront for applying superconductivity to power generation and distribution, advanced medical procedures, electric-powered transportation and wastewater treatment.
About Invest in Bavaria
Invest in Bavaria, the investment promotion agency of Germany’s largest, most innovative state – Bavaria. Bavaria is a top-tier region in Europe and the German #1 for medical devices, biotech and mobility. It’s capital Munich, as rated by the European Commission, is Europe’s #1 tech hub. The Bavarian U.S. Offices for Economic Development, LLC, is the representative organization for Invest in Bavaria in the United States.