QPT Secures £1m Funding Boost

QPT, a pioneer in developing highly efficient GaN-based electric motor controls, has recently achieved a significant milestone in its Crowdcube funding round by surpassing the one million pound mark.

The funding round is set to close soon, and interested parties can find more information at QPT Investor Overview, which also includes a recording of a recent webinar showcasing the technology.

CEO Rupert Baines expressed his enthusiasm about QPT's innovative technology, stating, "QPT has a perfect combination of an amazing technology that can reduce the power consumption of electric motors by 10%, offering a tangible way to combat climate change. Additionally, our management team comprises industry veterans with extensive experience in the GaN sector."

Baines further elaborated on the unique advantages of QPT's GaN technology, highlighting its ability to address issues such as overheating and RF interference that currently hinder the operational speeds of GaN. "Our GaN transistors can now achieve speeds up to 20 times faster than SiC, enabling significant power savings in motor control applications. Given that electric motors account for 45% of global electricity consumption across various sectors, our solution presents a more energy-efficient and cost-effective alternative compared to existing technologies," he explained.

Founded in Cambridge in 2019, QPT is an independent power electronics company that specializes in developing high-performance, efficient, and affordable solutions for leveraging Gallium Nitride transistors. The company's qGaN™ technology unlocks the full potential of GaN, offering substantial power savings for a wide range of electrical devices.

For more information about QPT and its groundbreaking technology, visit QPT Official Website or reach out to info@q-p-t.com.