Executive Summary
Viryd Technologies Inc. (the “Company”) is a Delaware corporation based in Austin, Texas. Viryd Technologies mission is to develop, design and execute enhanced technology, in order to produce wind turbines that harness the renewable energy of wind to power businesses and communities. Viryd Technologies proprietary technologies include rotor blades, transmissions, control systems and tilt-down towers that, consistently produces the most usable power at the lowest cost. We bring enhanced power security and independence to businesses, communities and our nation, making wind energy practical by maximizing efficiency while minimizing the cost of production. Viryd is dedicated to our customers’ long-term success in deriving the energy they need from a free, clean and inexhaustible wind resource. Viryd Wind Turbines consistently produce 39% more usable energy at a lower cost, with greater reliability. Viryd has attained the exclusive right to the CVP technology for application in the wind energy industry, which allows the turbine to more efficiently mange the torch and the load for wind.
The Company has selected a Commercialization that will create a world wide distribution network targeting the agricultural and micro-grid markets. Establishing a market leadership in the <100kwt wind turbine market segment, through the delivery of more energy output and lower cost installed turbine.