WebCore Technologies LLC has announced it has closed a US$ 2 million investment with a private investment group. The funding will accelerate domestic and international growth for WebCore and its TYCOR technology, a portfolio of fiber reinforced, composite core material solutions for the wind energy, transportation, infrastructure and defense markets.
In addition to its investment and distribution agreements, WebCore has also been awarded US$ 1,800,000 as part of the Department of Energy's (DOE's) Small Business Phase III Xlerator program for next phase development and commercialisation of TYCOR W. WebCore’s TYCOR W technology combines fiber reinforcements, such as E-glass roving or mat, with closed-cell, low density foam in an engineered architecture. The patented core material has been in use for over two years in utility-class wind turbine blades and is undergoing qualification for use with additional 1.5 - 3.0 MW turbines that have blade lengths in the 40 to 60 meter range.
In addition to its investment and distribution agreements, WebCore has also been awarded US$ 1,800,000 as part of the Department of Energy's (DOE's) Small Business Phase III Xlerator program for next phase development and commercialisation of TYCOR W. WebCore’s TYCOR W technology combines fiber reinforcements, such as E-glass roving or mat, with closed-cell, low density foam in an engineered architecture. The patented core material has been in use for over two years in utility-class wind turbine blades and is undergoing qualification for use with additional 1.5 - 3.0 MW turbines that have blade lengths in the 40 to 60 meter range.