Selected as a GP Bullhound Cleantech Connect Company, 2010

SECTOR: ELECTRIC MOTOR

LOCATION: NORWAY

FOUNDED: 1996 STAFF: 34

REVENUE CAGR 07-09: 38%

SmartMotor manufactures Energy Efficient Motors (EEM) based on magnetic technologies that allows superior efficiency, more torque, and less noise production. The firm produces monitoring and control software as well as electronics components. SmartMotor’s solutions are suitable for high effectiveness terrestrial and submerged applications in a range of markets including Renewable Energy power generation, Marine and Subsea engineering. The Company is backed by Leiv Eiriksson Nyskaping and Verdane Capital.