Viryd Technologies Adds Investment to Commercialize Advanced Wind Turbine Technology
Shentong Group to appoint representative to join Board of Directors
Cedar Park, TEXAS – February 9, 2010 – Viryd Technologies Inc. (Viryd), a wind turbine technology company dedicated to improving drivetrain technology, today announced the company has received an investment from both existing and new investors, including a significant investment from Ningbo Shentong Auto Decorations Ltd., a supplier to the global automobile industry. As part of the agreement, the Shentong Group will own 16.6% of Viryd and appoint a representative to the Board of Directors...Full Press Release
DOE Selects Viryd Technologies Inc. for Wind Development Study
with Illinois Institute of Technology
Stimulus dollars will fund research and product testing
CEDAR PARK, Texas -- October 22, 2009 -- Viryd Technologies Inc. (Viryd), a wind turbine technology company dedicated to improving drivetrain technology, has been selected to participate in a U.S. Department of Energy funded wind energy industry research consortium lead by the Illinois Institute of Technology (IIT). U.S. Energy Secretary Steven Chu announced the recipients last week as part of the DOE’s efforts to spur university-led wind research facilities. Viryd was one of three wind turbine companies named as consortium members out of a pool of 100 applicants....Full Press Release
Rudy Schlais Joins Viryd Technologies’ Board of Directors
General Motors Veteran Offers Expertise in Building Global Market Demand as NREL Testing Begins on Viryd Turbine
CEDAR PARK, Texas -- September 22, 2009 -- Viryd Technologies Inc. (Viryd), a wind turbine technology company dedicated to improving drivetrain technology, today announced the addition of Rudolph (Rudy) A. Schlais Jr. to its Board of Directors. As the sixth director, he joins Viryd as the company prepares for testing of its Viryd 8000 turbine at the National Renewable Energy Laboratory under a grant awarded earlier this year from the U.S. Department of Energy....Full Press Release
Viryd Slated to Receive DOE Funds to Test Advanced Drivetrains for More Reliable Small Wind Systems
Viryd plans to use DOE funds and new funding to support test work
Cedar Park, Texas – June 25, 2009 – Viryd Technologies Inc. (Viryd), a wind turbine technology company dedicated to improving drivetrain technology, today announced the company has received a notice of intent to award a grant from the U.S. Department of Energy to test an 8-kilowatt wind turbine equipped with its NuVinci continuously variable planetary (CVP) technology. Additionally, the company announced the re-opening of its Series A financing round....Full Press Release
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