Oklahoma-based US Highland, Inc. has announced that the company and its joint venture partner, Millennial Research Corp., has created a new hub motor electric engine based on its patented magnetronic technology.
US Highland has the exclusive rights to use the engine and technology for powersports applications.
"We are very excited about the possibilities this electric motor technology adds to our company. This puts US Highland at the forefront of the green technology movement within the powersports industry,” says US Highland president Mats Malmberg. “We have worked with our partner Millennial Research Corporation on the development of this engine for over two years. It is now finally ready for commercial applications."
The company moved to Mounds, Okla., from Sweden two years ago. The company announced in May that it would need to start hiring, possibly as many as 300 employees as the company expands over the next couple of years.
"Our revolutionary magnetronic motor technology is broadly applicable across many industries and markets,” says Dennis Palmer, founder of Millennial Research Corp. “This powerful magnetronic motor designed for US Highland will require as much as 70 percent less battery usage for the same run time and weigh as much as 40 percent less than the existing competition. This a real game-changer for the use of electrical engines in powersports."
Posted by Holly Wagner