The team at ParaNetics has created a breakthrough in magnetics technology that will fundamentally change multiple products where magnets are used today including:
Electric motors with advantages in both weight and power.
Sensors with ultra-sensitive properties and miniaturization capabilities.
Valves that allow for precise control and measurements.
Linear accelerators (ie. carrier launch system, ION propulsion) that turn current designs inside out.
The Company has issued patents in five countries for the ParaNetic magnetic field generator, an electric aircraft motor based on the ParaNetic field (one of the hottest development fields in the world today), and several other patent pending applications including an ion propulsion engine smaller than a hockey puck used to power microsatellites.
Our business model is to primarily develop intellectual property and prototypes around the ParaNetic magnetic field and to license this IP and prototype designs to firms for use in a wide range of applications.
Management has patents issued in 5 countries and plans to file several additional patents on both the ParaNetic device, its applications, and prototype designs, covering multiple commercial uses.
The Company founders have extensive executive leadership and entrepreneurial experience having successfully established teams, raised significant capital, gone public in the U.S. and E.U., achieved multi-hundred million dollar strategic partnerships, and launched global products.
Management will develop the Company using a licensing and royalty model. In each of the energy & power applications, such as electric motors, transducers, sensors, valves, and speakers, the Company will develop working “proof of principle” prototypes to support the performance advantages & licensing to the markets for that application. Each of the initial target markets is very large representing billion-dollar opportunities.
Prototypes and Proof of Principle
Management has developed four prototype electric motors with a fifth one expected early in the second quarter of 2023. Several of the early versions have gone through preliminary testing done by a large technology company indicating significant advantages over current motors and designs. Additional prototypes are being developed for transducers, sensors, speakers, and linear acceleration.