NextPower360

Early Stage
Creating one of the world’s most advanced wind generators and electric motors.
Overview
Raised: $19,421
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
45
% of Min. Goal
194%
% of Max. Goal
19%
Likelihood of Max
Avg. Daily Raise
$1,142
Momentum
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Year Founded
2022
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
NextPower360, with a valuation of $6,005,760, is raising funds on NetCapital. The company's wind generator is designed to capture the wind’s full power potential, including fast wind, potentially doubling a wind turbine’s power output at a lower levelized cost of energy. NextPower360 is aiming to change the shape of the generator and reconfigure the magnets so the generator can continually and instantly adapt to ever-changing wind speeds and capture the maximum amount of harvestable power, even at high wind speeds. Dr. Tony Iacovelli and Michael Shore founded NextPower360 in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $100,000. The campaign proceeds will be used for research & development and technicians.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-12,283 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$97,942 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$97,942 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
Financials as of: 05/17/2023
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