- “Perpetual Industries is designed to be an incubator for those ideas of innovation that will make things better in our lives,” says CEO
- PRPI currently focused on developing XYO proprietary balancing technology
- XYO ready for commercialization; company developing a vertical axis wind turbine and a domestic washing machine
Perpetual Industries’ (OTC: PRPI) CEO Brent Bedford was featured in a recent video that provided an overview of PRPI’s business strategy, as well as a closer look at two projects the company is involved in (https://ibn.fm/liD1w). PRPI is designed to be an incubator for the development of innovative, energy-efficient technologies aimed at commercializing products that have the potential to impact and advance a wide range of industries on a global scale.
“Everybody knows somebody that is a crazy inventor out there, right?” said Bedford during the video, now available on the company’s YouTube channel. “They know how to invent stuff, but they don’t know what to do with it after that. Perpetual Industries is designed to be an incubator for those ideas of innovation that will make things better in our lives. We are positioned to help those types of projects become a reality — that’s really what we’re all about.”
Bedford noted that the company is particularly focused on energy-efficient inventions designed to be environmentally responsible and sustainable. Currently, one main company focus is its proprietary balancing technology. “We have a foundation technology that is a mechanical balancing device, called the XYO mechanical technology,” Bedford said. “What that does is balance everything that rotates.”
The company optimized the technology by balancing rotating devices to reduce vibration, which creates significant wear and tear on devices. “What we found through all our testing is that by reducing vibration and making something operate in perfect balance, it actually becomes more energy efficient,” Bedford observed. “Vibration is wasted energy — the noise, heat, buildup. By putting it into perfect balance, we found that it uses less energy, less electricity, or less gas,” which allows for a more environmentally responsible product.
The technology has almost limitless potential with the sheer number of devices that rotate, from fans, compressors and washing machines to airplane engines, electric motors, drive shafts and more. “It’s a core technology that we’ve developed and completed the R&D, and now we’re at the stage to commercialize it in certain industries,” the CEO said.
Bedford went on to explain that Perpetual Industries has currently opted to concentrate on two main projects for its XYO technology: the WindSilo, an innovative turbine design engineered to allow for faster spin speeds and greater energy output, and an OEM-manufactured, XYO-enhanced domestic washing machine that uses the XYO Mechanical Balancers to dynamically compensate for variable mass imbalance during the spin cycle (https://ibn.fm/kPxBK).
“The XYO Mechanical Balancing Technology delivers energy-efficient, high-performance solutions for rotating equipment, machinery and devices,” said Bedford (https://ibn.fm/1MML4). “XYO is a proprietary technology, and the market potential is virtually limitless.”
Perpetual Industries is an incubator for the development of new and innovative energy-efficient technologies. The company’s mission is to “perpetuate industry” by bringing value-added technologies to market. The company is expanding its expertise and knowledge of energy-efficient technology by developing low-cost, green-energy-powered solutions for a variety of industries while continuing its research, development and commercialization of the XYO Technology in key applications.
For more information, visit the company’s website at www.PerpetualIndustries.com.
NOTE TO INVESTORS: The latest news and updates relating to PRPI are available in the company’s newsroom at https://ibn.fm/PRPI
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