Aerovec, a Buffalo based start-up company plans to create a $100M business in the Distributed Wind Energy space within a decade, delivering an operating margin of at least 12%.
Aerovec is designing a wind turbine with a unique patented compact rotor, that can more effectively convert the kinetic energy in the wind into useful electrical energy.
They are focused on the Distributed Energy market. Energy is generated at the point-of-use and addresses critical energy security needs. Integration with solar and storage creates a reliable solution for sites vulnerable to supply disruptions.
There’s high demand in temporary power markets. Aerovec’s focus on portable wind solutions essentially competes with the $10+Billion diesel generator rental market. They’re attracting attention from the US Department of Defense and National Rental companies seeking portable energy solutions in temporary locations.
The founding team of 5 individuals brings diverse expertise in wind energy, industrial manufacturing, global business development and start-up businesses.
Aerovec installed its first wind turbine prototype in June 2024. The functioning, performance and design options of this wind turbine are being assessed.
Currently, Aerovec is raising capital on Start Engine’s private equity platform. The funding raised will be used for key hire, and to build out their production prototype to be tested and commercially certified. Please visit www.aerovec.com or www.startengine.com/offering/Aerovec for full details.
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