Profile: Cool Technologies Inc (WARM.PK)
25 Oct 2016
Cool Technologies, Inc., formerly HPEV, Inc., incorporated on July 22, 2002, is engaged in developing and commercializing dispersion technologies in various product platforms. The Company is also engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. The Company's application process is Totally Enclosed Heat Pipe Cooled technology (TEHPC). The markets for products utilizing its technology include consumer, industrial and military markets, both in the United States and across the world. Its initial target markets include those involved in moving materials and moving people, such as motors/generators, mobile auxiliary power, compressors, turbines (wind and micro), bearings, electric vehicles: rail, off-highway, mining, delivery and refuse, brakes/rotors/calipers, pumps/fans, passenger vehicles: auto, recreational vehicle (RV), bus, train and aircraft, commercial vehicles: sport utility vehicle (SUV), light truck, tram and bucket truck, military: boats, Humvee, truck and aircraft, and marine: boats ranging in size from 30 feet to 120 feet and beyond.
The Company's technologies are divided into categories, which include heat dispersion technology, mobile electric power and electric load assist (ELA). The thermal dispersion technology removes heat through composite heat structures and heat pipe architecture. Its portfolio covers the application and integration of its heat pipes into various cooling schemes for heat removal in motors, generators and various other industrial applications, including marine, aviation and military. The Company has a gearing system, which is used to power an on-board generator. The Company intends to offer an on-board generator installation kit as a stand-alone (Mobile Generator) for third parties and as part of an in-house brand (Ultimate Work Truck). The Company's ELA technology is the centerpiece of its vehicle retrofit system. It has not generated any revenues.
The Company competes with Aura Systems, Inc., Mobile Electric Power Solutions, Inc., Cummins, Caterpillar, Doosan, WackerNeuson, Multi Quip, Generac, Honda, Kohler, Ford, GM, Toyota, Volvo, EVDrive, Inc, XL Hybrids, Inc., EV Power Systems, Inc., Workhorse Group Inc., Wrightspeed Inc., VIA Motors, Inc., ALTe Powertrain Technologies and Eaton Corporation.
Cool Technologies Inc
8875 Hidden River Pkwy Ste 300
TAMPA FL 33637-2087