Here is a quick update of Freedom Motors activities. We will try to provide an update at least once a month.
As you all know we have made some significant additions to our staff. Apart from myself being elevated to the COO, we have an impressive advisory board and CEO. Our first action plan is to update our website, which is ongoing, to reflect Freedom Motors’ focus. We are targeting a few industries to penetrate, and they are energy, electric vehicles (2 and 4 wheelers), generators and manned and unmanned air vehicles. Our engine designs can also be modified to make excellent compressors for applications like compressed air energy storage, and the generators can be adapted to run on any fuel. This makes the Rotapower very unique.
The StartEngine crowd funding is ongoing, and we have recently extended the campaign. We are also working to raise additional immediate funds to restart our research and development projects. We are also applying for US Government grants for further developing our technologies, and our adviser Mike Smith is helping with that. We are also working with several Venture Capital firms to seek Series A funding so we can start manufacturing our engines to meet the demand we have received from several entities around the world.
We will continue to keep you all updated as we make progress. We are excited about the team and the progress we have made thus far. Thanks for your continued support!
Regards – Dave