[SPN-Discussion] Greentech Investors Forum May 12--Wind Propulsion with Vertical Cylinders for Maritime Shipping--Saving Fuel, Money and Emissions

Gelvin Stevenson gelvin.stevenson at gmail.com
Sat May 6 09:40:43 PDT 2017

Magnuss—Wind Propulsion for Maritime Shipping—Saving Fuel, Money and

Date: Friday, May 12, 2017

Time: 8:00am – 10:00am

Organizer: Gelvin Stevenson, PhD

Host: Sidley Austin LLP

Location: 787 Seventh Ave. (AXA Equitable Building, between 51st and
52nd Streets),
23rd Floor

The global shipping industry is practically invisible to most people. But
in fact, it is a huge industry and one of the biggest emitters of
Greenhouse Gases in the world. If it were a country, its CO2e emissions
would rank #6.

Magnuss is preparing to slash those emissions and cut costs by applying
tested and proved technology with some high-tech additions. Its secret?
Rotating, retractable cylindrical sails on ocean-going vessels.

The Magnuss VOSS (Vertically-variable Ocean Sail System) sails are not your
ordinary “billowing sheets” sails. Arguably the most powerful sail ever
conceived, the Magnuss VOSS is a 100-foot tall, spinning, hollow, metal
cylinder that propels a ship, thereby enabling the ship’s main engine to be
throttled back while maintaining voyage speed.

           Magnuss delivers three benefits: (i) fuel savings of 20-35% on
average and up to 50%, for an industry breaking its back to save 2-4%, (ii)
a differentiated means to reduce carbon emissions in the face of tightening
regulation, and (iii) a patented and class-approved design of proven
technology applied in a different way to meet the needs of global shipping

          It is important to note that fuel is costly and represents a high
percentage (60-80%) of a bulk cargo ship’s operating costs, and, to repeat:
the shipping industry ranks among the world’s largest producers of carbon


*Register at the GIF Eventbrite page:* Greentech Investors Forum, May 12,

*Or contact Gelvin at **gelvin.stevenson at gmail.com*
<gelvin.stevenson at gmail.com>*.*


Currently, Magnuss is looking to close a $2.7 million angel round of common
equity shortly on the heels of strong interest.  Proceeds from the
remainder of the raise are for ongoing engineering, ship integration
classification, strategic partnerships, international patent expansion as
well as ongoing company operations.

The company is preparing to cut steel on a full scale,
commercially-available product.  Importantly, the following boxes have been
checked: proof of concept verified, patents issued, tech design complete,
class approval obtained, market acceptance validated, first commercial unit
positioned for fabrication and purchase order in hand.


*GIF thanks Investors Circle for its generous support, Geoff Miles,
Chino Maduagwu, and Gary Kier for developing and operating GIF’s video,
social media and design capabilities, Tonia Popke for her financial
expertise, and Jesse Goldstein, PhD, for his continued support.*


          Magnuss will use those funds to install two to five sails aboard
the largest ships in the world, including dry bulk carriers and tankers.
They expect the customers to recoup the cost in just 3-5 years.

          These savings have been validated by independent 3rd party NGOs,
including Sir Richard Branson’s Carbon War Room and the Sustainable
Shipping Initiative.


*Disclaimer: The Greentech Investors Forum (GIF) is not soliciting funds
for the presenting companies, nor is it encouraging parties to invest in
them.  We try to find good companies — not necessarily good investments.
They have been advised on what is acceptable in terms of predicted results,
but GIF takes no responsibility for what they actually do, say, or how they
perform in the future.*


First developed by Anton Flettner in 1926, the application of this
technology for shipping was shown to be highly effective. The standard
Flettner rotor is a spinning, hollow, metal column installed on a ship’s
deck that converts wind into forward thrust, roughly perpendicular to the
direction of the wind, by the physical principle called the Magnus effect.

The Magnuss VOSS is a vastly improved version of the Flettner rotor design,
serving today's shipping industry with a number of patented innovations.
The chief difference and advantage of the VOSS is that it can be retracted
and stowed below deck, out of the way. The signature transformable
configuration is important when loading/unloading in port and for reducing
drag in unsuitable conditions.


*Agenda:*       8:00 to 8:30      -   Networking & light breakfast

                     8:30 to 9:10      -    James Rhodes – CEO / Co-Founder

9:10 to 9:30     -   TBA

9:30 to 10:00   -   Discussion

*Security:*      Security is tight, so please register early.  If there is
a problem at the Security Desk, please contact Gelvin Stevenson at

*Fees:*            $50, payable ahead of time or at the door.  Cash or
checks and credit cards accepted.

                     $25 for call-in.  Registered call-ins will be emailed
the call-in numbers and, if available, the slides to be presented.

                      $20 for students and faculty

To register, visit Greentech Investors Forum
this Eventbrite site, or send your contact information to Gelvin Stevenson
at gelvin.stevenson at gmail.com or 917-599-6089.  Please contact Gelvin If
you have questions or need more information.

James Rhodes – CEO / Co-Founder.Mr. Rhodes brings over 25 years of
experience in maritime shipping, renewable energy, investment banking and
management consulting. He is a frequent speaker at industry events and has
authored numerous articles on clean shipping technology, finance and the
global carbon markets. Formerly, he was Managing Partner of Eco Capital, an
energy advisory firm and COO of  GE/AES  GHG Services, a renewable energy
development firm.  Prior to that, Mr. Rhodes was Managing Director at
Morgan Stanley serving the energy sector for twelve years while there, and
after a decade at Goldman Sachs and Booz Allen. MBA - Columbia University,
BS in Electrical Engineering - Brown University. Sector Expert: TBA
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