Electric motors use up to 45% of the world’s electricity. QPT's solution is designed to reduce this by 10% which is a significant reduction in energy consumption and carbon emissions.
QPT’s technology enables companies to develop motor drive controls (VFDs) that reduce losses, are up to 100x smaller than existing solutions and can significantly reduce system costs. It does this by solving the issues of RF and overheating that limit the current use of GaN (Gallium Nitride) transistors. Now GaN can operate at the ultrafast switching speeds needed to deliver a new level of state-of-the-art efficiencies for the world’s electric motors that are used all over the world in industry.
We estimate the Total Available Market for our technology as being $60 billion and growing as more heat pumps and electric vehicles are used in the transition to decarbonisation.
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