National Second prize winner

Green Technology

New invention license,that can globally lead positive environmental changes

Pitch

The patented volumetric rotary machine belongs to mechanical engineer Armen Jaghatspanyan.

I notice strange climatic phenomena in everywhere. The climate has radically, quickly been changed. I want the mankind to stop this most important problem of the world.

Based on our Green Technology, we have developed 1.New type of internal combustion rotary piston engine (further -New Engine), 2.New compressor (which will consume significantly less electricity.). In case of realization of the first – the production and mass use of New Engine, there will be great positive environmental changes, because New Engine consumes less fuel; more than 2 times less, than now existing IC engines. Accordingly, the pollution by emissions will be significantly less. We will sell the license (patent) to the machine manufacturers. We expect to receive 10000$ from selling of 100 items. 3%/year commission.

Quick facts

  • 2016 Participant
    Year of participation
  • Sustainable Production Systems
    Theme
  • Armenia
    Country

Yes, I want to know more about this start-up.


Team

  • Sveta Jaghatspanyan (project manager), Armen Jaghatspanyan(Innovator, engineer), Edita Melkonyan(financial affairs manager )

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