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Arista Power, Inc. (ASPW) RSS Feed

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Posts (Total)
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Created
10/29/09
Type
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Arista Power - Renewable Energy Systems             





The company's website is:   http://aristapower.com


On May 18, 2011, Arista Power, Inc. (ASPW.OB) was born when WindTamer Corporation changed its name, and relaunched its website. As always, do your own DD. 
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power, Inc. also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid". 


Here are the details on the name change: 

Company Press Release 

ROCHESTER, N.Y., May 18, 2011 /PRNewswire/ -- WindTamer Corporation ("WindTamer" or the "Company") (OTCBB: WNDT.OB), a developer and manufacturer of wind turbines and renewable energy power storage and management systems and a supplier of solar energy systems, announced today that shareholders have overwhelmingly approved changing the name of the Company to Arista Power, Inc. 

The Company has been assigned the new trading symbol
ASPW.OB

The Company anticipates that its stock will begin trading under the new symbol on Friday, May 20, 2011. 

Shareholders who hold their shares either at a brokerage firm or in their personal possession do not need to take any action as a result of the name change, the Company said. 

"The name change to Arista Power, Inc. reflects the fact that we have successfully and significantly broadened our product line beyond wind turbines to encompass a variety of renewable energy storage and management systems and products," said Chief Executive Officer William A. Schmitz. 


Check out the biographies of the management team and directors in the Company's 2011 Proxy Statement when Arista Power was still called WindTamer. 


Arista Power's Story 

Arista Power started as a small wind turbine company named WindTamer a few years ago, and still sells WindTamer wind turbines that are more efficient than any other turbine in production. Here's the a much better video description of it from the Arista's website: The WindTamer wind turbine video. 

Starting in late 2009, Arista Power started recruiting top management and engineers from Ultralife Corporation, a high-tech battery manufacturer. 
Here are a couple of the Press Releases: Bill Schmitz (current CEO) Joins WindTamer from Ultralife Mark Matthews (current VP of Sales) Joins WindTamer from Ultralife 


In 2010, Arista Power (then WindTamer) started combining batteries and wind, and developed the Power on Demand System and the Mobile Trailer. They then SOLD a mobile unit to the U.S. Army, where it's been tested for more than a year now. They then SOLD a Power on Demand system and installed it in February 2011, with a second sale in April 2011. Late in 2010, they added solar to this mix.  In June 2011, they sold a POD system to Sentry Group and also recieved an order from the F.B.I. for a Mobile Renewable Power Station. Here are details: 

Description of Mobile Unit 

Sale of First Mobile Unit to the US Army 

Description of Power on Demand system (including cool video) 

Second Power on Demand Sale (April 2011) 

Description of Solar 

Third Power on Demand Sale (Sentry Group)

Sale of Mobile Unit to the Federal Bureau of Investigation (F.B.I.)



I think Arista Power could be worth a look. Right now (May 22, 2011), the stock is trading in the low $0.20s, with a market capitalization of around $30 million. 

One thing that really impressed me was this article in Forbes.com about Arista Power (then

WindTamer): Forbes Article. 




To help all new and current investors with their DD, here you will find all post that were

important enough to get stickied.

Arista receives $922,000 order from Arista to develop Intelligent Micro-Grid

Reverse Stock Split to Become Effective December 27, 2011

Arista Power presents at  Ardour Capital Energy Technology Conference $50+ Million booked expectations for 2012 (powerpoint is needed to open)

Arista widens solar focus with new Helios partnership

International Business Times - ASPW is "One to Watch"

Meaford Ontario may buy a WindTamer as part of a pilot project leading to more

Arista's Mobile Unit Tested and Liked by US Army

The Military-Approved Portable Clean Energy Kit

Arista estimate 2011 booked orders at $15 - 25 Million

Arista Power to Present at Storage Week 2011 Conference in San Diego, California 

***** ALWAYS DO YOUR OWN DUE DILIGENCE. ALL PENNY STOCKS ARE RISKY!!!! ***** 

 

Arista Power, Inc. (ASPW) Stock Trading Info:
 

Volume:
Day Range:
Last Trade Time:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
ASPW Latest News
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