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ESTAT Actuation has filed a notice of an exempt offering of securities to raise $1,100,000.00 in New Debt Financing.

ESTAT Actuation has filed a notice of an exempt offering of securities to raise $1,100,000.00 in New Debt Financing.

April 12, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, ESTAT Actuation is raising $1,100,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Stuart Diller played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ESTAT Actuation
At ESTAT Actuation were providing robotics engineers with lightweight, efficient, and cost-effective actuator hardware. Our prototype rotary electroadhesive clutch is 3x lighter and uses 600x less power than conventional electromagnetic clutches. Get three times the torque of conventional actuation and in profoundly less space. An incredibly small form factor and lightness makes ESTATs actuators and clutches ideal for mobile applications. Exceptionally well suited to wearables and lightweight robots. Reduce energy use by a factor of 600. No actuation component comes close to providing more operational time on a single battery charge. Our technology consumes minimal energy and reduces or eliminates the need for many other power hungry components, greatly increasing run time. ESTAT tech allows a robot or exoskeleton to shift seamlessly from heavy lifting or precise placement to interacting gently with humans. Effortless shifting between power, accuracy, and a soft touch.

To learn more about ESTAT Actuation, visit http://www.estat.tech/

Contact:
Stuart Diller, President and Chief Executive Officer
540-557-7609
https://www.linkedin.com/in/stuart-diller-67b2303a/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
6280, ESTAT Actuation, Pennsylvania, Pittsburgh, Venture Capital

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