Calnetix is the world leader in the development and manufacture of high speed, energy efficient industrial electric drive and generation systems. These systems combine Calnetix’s patented high-speed electric motors and generators, magnetic bearings and power electronics, and are unmatched globally in speed, efficiency, reliability and cost-effectiveness.
Calnetix’s highly innovative technologies are used in multiple markets and applications, including power generation, automotive, marine, defense and aerospace.
Calnetix works closely with its OEM customers to develop systems for their specific needs, and is also an incubator for the development of new proprietary products based on its core technologies.
As an example, Calnetix supplies high speed motors to the US Navy for chiller systems on its most advanced next generation of vessels. Calnetix’s technology enables chillers which have over twice the capacity in half the space vs prior systems, which allows significantly larger and more advanced radar and weapons systems to be deployed on these ships.
Cooper and Company has been Calnetix’s lead investor since 2000 and has worked with the founders to build financial, reporting and management systems and to evolve the company’s core growth strategy.
This strategy has also included the creation of five spinoff companies, built to capitalize Calnetix’s technologies in a range of market-specific applications around the world, and a licensing strategy to leverage the value of its core IP. Three of these spin-off companies have subsequently been sold, and Calnetix has also concluded three significant IP license transactions with prominent multinationals, providing financial benefit to Calnetix’s shareholders and market validation of its technologies.
Calnetix is preparing to spin off a sixth company, which creates electricity from wasted pressure on natural gas pipelines. Calnetix’s product is an expander-generator offering a combination of renewable power and fast customer payback time. The product is currently undergoing field testing with Japan’s largest gas utility, and began worldwide deployment at the end of 2021.