According to filings with the U.S. Securities and Exchange Commission, LaserMotive dba PowerLight Technologies is raising up to $6,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Richard Gustafson 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 LaserMotive dba PowerLight Technologies
Since our foundation 10 years ago as LaserMotive, PowerLight has set three world records for beaming power over light, won two NASA government awards and advanced five generations of technology systems. We are the first and only team to develop and viable technology platform that demonstrated transfer of 400 watts over 1 kilometer. Since then we have received validation from industry-leading companies and government labs, and we are the globally recognized leader in long-distance power beaming.

To learn more about LaserMotive dba PowerLight Technologies, visit http://powerlighttech.com/
LaserMotive dba PowerLight Technologies Linkedin Page: https://www.linkedin.com/company/powerlight-technologies/

Contact:
Richard Gustafson, Chief Executive Officer
253-872-3300
https://www.linkedin.com/in/richard-gustafson-3620274/

SOURCE: http://www.intelligence360.io
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