Fallbrook's IPO: The Bicycle Tech Maker Looks to Electric Vehicles
18.02.10
Novelty: Fallbrook uses tilt, rotation of spheres placed between two rings to transfer torque in Fallbrook claims this is a simpler alternative, more sustainable and scalable that is called a continuously variable transmission, or CVT. This type of transport, Fallbrook says, "actually has an infinite number of books in its line ratios."The company claims that its design may" seek efficiency and overall performance of mechanical systems that require varying between the speed of a main disk and speed necessary to operate the machine-driven system. "
Number of patents: 155, and 208 patent applications.
Trite hard cash: Fallbrook reports just $ 871,000 in gross revenues for the nine months ended September 30, 2009, compared to 1.96 million over the age of one year earlier. The company was never profitable, and reporting net losses of over $ 11.72 million for the first nine months of 2009 compared to $ 10.56 dollars in 2008 and approximately less than 6.6 million in each year of this period (2006 and 2007). Fallbrook plans to use IPO proceeds "for non-specific companies, including reimbursement" of $ 2 million debt.
Source: Earth2Tech (blog)
What's Up in New Development
23.02.10
Scooters have exploded as a applicable transportation alternative at UGA in the last few years, but if proposed parking rule changes go into efficacy, that may all go away, altering the local transit scene in unintended ways. We’ve all cracked a grin watching an undersized scooter struggle valiantly up Sanford Drive hauling a football instrumentalist and his teammate, diligently delivering them to their underwater basketweaving classes, but do scooters have a more serious r to play in how transportation works around town ? What are the other consequences beyond the most obvious ones of such a plausibly trivial policy decision?
Scooters have been parking in various selfish corrals on campus, generally pretty close to major classroom buildings; this has been so well-fixed that these tiny lots are often overflowing. Rather than adjust the scale of the lots, the devise is to eliminate them altogether, and push scooters out to the edge of campus,
Source: Flagpole Magazine