Thomson Power Inc. (the “Company”) announces a series of non-exclusive agreements to raise $3,000,000. Vancouver, BC, Canada, November 19, 2013: The Company announced plans to enter into a series of non-exclusive agreements with financial partners to raise $3,000,000 in equity and debt capital to provide funding for operating capital and two prototypes of its ThomsonDrive® EV solution to be built in British Columbia. The Company is projecting complete prototype testing by Q3, 2014 and commercialization by Q1, 2015. The Company recently filed several patents to protect its ground breaking intellectual property associated with engine and battery management control systems. This patent pending technology will provide the foundation of the ThomsonDrive® system and differentiate its performance capabilities against the competition. Thomson Power Inc. (the “Company”) is a developmental stage company in the business of designing, manufacturing and sales of electric drive solutions in Vancouver BC, Canada.
Posted on: Tue, 19 Nov 2013 20:54:15 +0000
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