ALSET Innovation

ALSET Licensing Agreement

On August 12, 2020, Hillcrest announced its US Licensing Agreement with Oropass Ltd. (the “Licensing Agreement”), enabling development, licensing, and marketing of US patented electricity generation and electric motor technologies. The Licensing Agreement provides exclusive dealing rights for the licensed technology including all current and future technologies created by the owner of the IP and enables the Company to license, co-develop or implement joint ventures for the technologies through its wholly owned subsidiary, ALSET.

 

Energy Efficiency

Through ALSET, Hillcrest has licensed rights to monetize certain U.S. patented technologies and related future innovations which could potentially provide energy efficiencies across current power and transportation infrastructure, including:

Potentially improved energy conversion efficiency in electric transformers.

Electric generators potentially requiring significantly less mechanical input power per watt of electric power generated.

Energy Efficiency

Through the ALSET joint venture, Hillcrest has licensed rights to monetize certain U.S. patented technologies and related future innovations which could potentially provide energy efficiencies across current power and transportation infrastructure, including:

Potentially improved energy conversion efficiency in electric transformers.

Electric generators potentially requiring significantly less mechanical input power per watt of electric power generated.

Indicative Example

Global electric transformer market of $27B (U.S.) with solid growth projections into the future. 1

Global generator sales total more than $20B (U.S.) annually with solid growth projections into the future. 2

 

Electric Transformer and Generator Technologies