It Charges Electricity While Sailing
SEOUL, SOUTH KOREA / ACCESSWIRE / October 16, 2017 / LGM, Inc., a subsidiary of Leo Motors Inc. (OTCQB: LEOM) announced the development of an electric outboard regeneration system for sail boats. LGM's new regeneration system is powered by hydraulic power, generating electricity while the boat sails in the wind. LGM applied their regeneration system on a 33 foot sailing yacht, charging 3kW~5kW per hour depending on wind speed.
Dr. Kang, chairman of LGM said, "We developed a sustainable electric boat using natural energy that uses wind to recharge batteries while under way, eliminating conventional charging processes."
LGM's electric inboard and outboard propulsion systems now range from 40 HP to 700 HP. All boat owners now have opportunities to convert from internal combustion engines to silent and stench-free cost efficient electric systems.
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's reports and registration statements filed with the Securities and Exchange Commission.
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SOURCE: Leo Motors Inc.
ReleaseID: 478026
