Infinitum, an Austin, TX-based creator of a sustainable air core motor, announced the acquisition of Circuit Connect, Inc. a printed circuit board (PCB) fabricator based in Nashua, New Hampshire.
The amount of the deal was not disclosed.
The acquisition supports Infinitum’s efforts to expand production capacity.
Led by Rick Clutz, founder, Circuit Connect has supplied Infinitum with PCB stators for more than 5 years, and has been closely involved in developing the manufacturing process and quality product that is at the core of Infinitum’s motors. The company has 21 emplooyees, who will join the Infinitum family, while continuing to service existing customers via the operation from Nashua, New Hampshire.
Led by Ben Schuler, founder and CEO, Infinitum has developed patented air core motors that replace heavy iron found in traditional electric motors with a lightweight, printed circuit board (PCB) stator. Infinitum says “motors are 50 percent smaller and lighter, use 66 percent less copper and consume 10 percent less energy than standard iron core stator motors. The motor’s modular design allows the housing, rotors, and stators to be reused multiple times, giving parts a second and third life to serve future generations.“
FinSMEs
18/04/2023