Company Milestones
Progress to date has exceeded expectations, presented some challenges, and revealed many opportunities.
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-The U.S. DOE awards Wilson a grant in May 2010 of up to $3.7 million to develop its proprietary technologies for application to concentrated solar power.
-Wilson is awarded a SBIR Phase I Grant in December 2009 to study the feasibility of using ceramics in microturbines. |
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-Wilson will build, test, and refine a 300 kWe microturbine prototype anticipated to achieve an electrical efficiency of 50% and up to 90% combined efficiency when waste heat is utilized. |
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-Initial sales of the Wilson Heat Exchanger™ in first target markets demonstrate adaptability, operating benefits, and customer acceptance that will lead to quantity production.
-The Company plans to raise additional capital to fund further development of the Wilson Microturbine and to further commercialize the Wilson Heat Exchanger.
-Continued product development and aggressive marketing actions are planned. |
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-The Company successfully tests the Wilson Heat Exchanger. Performance exceeds expectations and impresses experts.
-The Company raises $850,000 to commercialize the Wilson Heat Exchanger. |
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-The Company develops and builds the first Wilson high-temperature, regenerator-type heat exchanger. |
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-Wilson wins the $25,000 Grand Prize at the National Social Venture Competition. |
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-Wilson raises $2,400,000 to develop an ultra-efficient heat exchanger that will enable development of an ultra-efficient microturbine. |
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-Wilson Solarpower Corporation was founded as Wilson TurboPower, Inc. by David Gordon Wilson and Bruce Anderson. |
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