Stir with “ingenious” technology from Tvedestrand – Dagbladet.no

(Financial Newspaper): Having earned a quarter of a billion on a welding invention hope Hilberg Karoliussen and Tor Arne Hauge at new success with packing and motor technology, Finance writes newspaper.

Together the two worm forwards from Tvedestrand established Otechos, which has developed an engine based on a completely new technology. It has neither cylinders or pistons, but is a rotary engine with a single spark plug, and weighs only 60 kilograms. Yet it performs a whopping 250 horsepower.

This has according to the newspaper received motor engineers in the large organizations to widen their eyes, and recently a former design engineer at Jaguar, Andrew Scarrot, visiting the southern town. It should have got the wheels to turn.

Intelligent Capital

– We have established ourselves with a subsidiary in England, and have talked with some of the major automakers. Whoever it is, is currently confidential, but it’s fun when we get to hear from major car manufacturers that the product is brilliant, and they wonder why no one has thought of it before, says Hauge said.

Now the plan according to financial newspaper to get into the top manufacturers and universities in the West Midlands in England, where motor skills is high. Capital they hope to get into the essence of various government aid, but it is also applicable with the investors.

– We do not just capital, but an investor in the industry, what we call intelligent capital, which can pull us forward, said Hauge.

Gyro-type

Back in 2014 sold Hauge and Karoliussen, along with Frank Lohne Storm, Per Øyvind Berge and Olav Bryn, according to the newspaper company QUICKFLANGE to Scottish ICR Integrity 250 million.

The company was based on new welding technology invented by Karoliussen, as Hauge agrees is a real Gyro-type.

– Yes, he is extremely technologically. He is the private individual in Norway with the most patent applications in the last five years. Much we have had to reject, but we have several projects we are working on. I’m good at business development and to find and with good environments and people, so it is possible to get it from small Tvedestrand, says Hauge, and says that they are open to more possibilities when it comes to the new company.

– we think it’s fun to drive shop, but we are open to all solutions, says Hauge Finansavisen.

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