November 23, 2020 - WEST PALM BEACH - V2Techs, a maritime technology company competing on the electric ships market, is relocating from Europe Union to West Palm Beach. The company leased temporary space at 777 South Flagler Drive, Suite 800, West Tower in West Palm Beach. It will employ up to 30 people by 2022 with plans to expand its footprint and to open manufacturing facilities.
The Business Development Board of Palm Beach County (BDB) recruited V2Techs from The Netherlands to Palm Beach County by providing guidance on relocating internationally. It also connected the company with law firms, officially transferring all its of patents under the U.S. law. The company plans to collaborate with internship student programs from Florida Atlantic University and Palm Beach State College, and to interact with the local electric power companies.
V2Tech's patented technology, eRemora, is an electromagnetic remote controlled device that applies on electric power generators as a prime mover, thus being an efficient substitute to hydro, wind, fossil and nuclear power energy sources. It will be installed on ships for conversion to fully electric power, as micro grid power plants / electricity utilities.
Future cities and industrial developments can also integrate this technology as micro power grids by powering buildings, towns and cities.
“We patent disruptive innovation technologies that apply principles of electromagnetics to better reduce the carbon prints” said VC Vlad, CEO of V2Techs.
“Palm Beach County’s business environment has recently attracted several international companies such as Misfits Gaming, The Northwest Company and Nano Dimension. The international relocation of V2Techs to West Palm Beach will produce cleaner, smarter, and more affordable ways for companies, vehicles and cities to operate as we look into the future,” said Kelly Smallridge, President and CEO of the Business Development Board.