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entrepreneur accelerates into electric vehicle marketentrepreneur accelerates into electric vehicle marketentrepreneur accelerates into electric vehicle market
by：CTECHi
2020-04-25
WATERLOO —
After the 9/11 terrorist attacks, many local companies felt the pain of business losses, but few were able to get involved more directly than Rob Rankin.
As early as 2001, Lankin had a company called Agile Systems, which made electronic control equipment for industrial robots and automation equipment.
Just two years ago, the company moved into a new building, employing 25 new employees, and was on the cusp of some serious growth.
It is looking for more money to take it to a new level of motor control technology and help it open up new markets.
Agile research has attracted the attention of some American companies. S. -
Investors who signed a letter of intent to invest in the company.
Lankin and other agile officials spoke on the phone with a fund manager at the World Trade Center in New York to discuss the agreement, when the first plane crashed into the building on Sept. 11, 2001.
Fund managers safely walked out of the building, but in the coming months investors withdrew from the deal and agile was forced to abandon new ventures.
What\'s worse, Agile has to lay off 40 people.
More than half of employees
Back to the core business of manufacturing robot controllers.
Although the company rebounded in the second year, Rankin left in 2003 and was not satisfied with the direction of the company he founded 10 years ago.
As a successor to the ceo, he highly praised agile for its technical and engineering skills, but said the company was lacking in sales and marketing.
The shocking setback triggered by the 9/11 attack was enough to bring down many entrepreneurs, but not easy-going Rankin.
He smiled and shrugged his shoulders and looked back, saying that he had a good attitude when he left agile and even helped recruit a new CEO.
\"Their strategy is to grow through acquisitions.
I don\'t agree, \"he said succinctly. London, Ontario.
Graduates from Western Ontario University of electrical engineering have been an inventor and an engineer.
He designed a patent for his motor control technology research in the Hall of the office,
Kumpf with thick hair looks more like a musician than a chief executive.
What he wants to say is his latest invention, a company called accelerated systems.
Located at 45,000-square-
Located on Kumpf Drive in North Waterloo, the company manufactures motor and control electronics for batteries
Lawn tractors, bicycles, scooters, motorcycles and super electric vehicles
Terrain Vehicles.
Shortly after leaving agile, Lankin began to accelerate into an engineering services company with the goal of eventually launching new products at the expense of using those services.
Two years ago, he teamed up with Gang Pan, an old friend who worked with Lankin in a previous company and is now a partner of Accelerated. CEO.
Pan runs an Asian purchasing company at his home in Waterloo to help small and medium-sized enterprises
Large Canadian companies are looking for manufacturers of products and components in China.
Pan\'s business is now under the umbrella of accelerated growth, accounting for half of the company\'s revenue.
Before Accelerated\'s new products gain greater traction in the market, it will provide a major share of revenue.
\"Every time Rob starts a new company, he calls me,\" Pan said with a smile . \".
Last year, in a strange twist of fate, the accelerated acquisition of a company, which Lankin started as early as 1989, shortly after his Master of Physics from the University of Waterloo.
Originally called SRE control, the company manufactures motor controllers for forklifts and other utility vehicles.
Lankin left in 1993 and started agile, but SRE went ahead with the new owners who went bankrupt and renamed Navitas.
Navitas began using Pan\'s company as its main supplier, but when it was unable to pay its bills, it accelerated its takeover to protect Accounts receivable, Lankin said.
From an income perspective, this structure gives several legs to accelerate, but the company is currently really targeting the emerging market for electric lawn tractors
Electric Mower, bicycle, scooter and motorcycle.
A lawn tractor it developed runs quietly like an electric golf cart, drawing the attention of Home Hardware, which is scheduled to start selling it in stores across the country next spring.
There was a model sitting in the acceleration Hall.
It features a motor for each wheel, a battery for the front and rear, and four controllers to manage the power of each motor.
The special turn function allows the tractor to turn in a narrow corner.
Tractors will be sold under the tag of TriVector Systems, a subsidiary of Accelerated created to sell products.
This is the only turnkey item that Accelerated sells.
Otherwise, the company manufactures motor controllers, drive trains and electronic components for a variety of electric and hybrid vehicles
Non-electric vehicles
Car market. Ninety-
The percentage of customers is in North America, including regional companies such as linmar, Miovision, NDI and RDM.
At present, Accelerated is drafting a contract to provide motor controllers and display meters for a $4,000 flat bike sold by a startup in Tenn Memphis.
Another example of the company\'s versatility is the contract to make a windshield wiper for a sports car company.
Customer wants to fail-
The safe windshield wiper can work at high speeds and harsh conditions, so it speeds up the processing of electronic devices.
Accelerated, with 32 employees, wants the market for electric mower, bike, scooter and motorcycle to take off like a golf cart.
Peter McDonald, general manager of Accelerated, said that ten years ago, 90 golf carts in North America were driven by natural gas.
90 is battery today-
He said the electric and golf cart industry is the largest electric vehicle industry on the continent by sales volume.
If the lawn and scooter market are on the same path, \"We know we could be 10 times larger than we are today,\" he said . \".
While Accelerated still manufactures motors and motion controllers under the Navitas banner for factory applications such as forklifts and multi-function vehicles, the products are \"a bit long,\" Lankin said \".
He pointed out that sales of these vehicles will only be strong if the economy is strong and companies are building new factories.
Accelerated\'s technology and products have attracted the attention of government-funded projects.
In May, it is eligible for $940,000 from the National Research Council for advanced-driven research and development
Training techniques.
The money will help the company develop a smaller, lighter 100-
Drive trains with less energy.
In April, it received $154,000 from FedDev, Ontario to build a new testing lab, hire employees and buy software.
Mr. Rankin said the three companies he founded have been technically strong.
Unlike Accelerated, \"We are entering a more interesting and broader market.
\"At the heart of all this is his continued pursuit of better technology.
Some new patent applications will be submitted to the United States soon. S.
The Lankin research patent office has completed the motor control system for electric bicycles.
\"When you are dealing with very large customers in the global market, having intellectual property protection will help,\" he said . \".
Chowitt @ township enterprises. comWATERLOO —
After the 9/11 terrorist attacks, many local companies felt the pain of business losses, but few were able to get involved more directly than Rob Rankin.
As early as 2001, Lankin had a company called Agile Systems, which made electronic control equipment for industrial robots and automation equipment.
Just two years ago, the company moved into a new building, employing 25 new employees, and was on the cusp of some serious growth.
It is looking for more money to take it to a new level of motor control technology and help it open up new markets.
Agile research has attracted the attention of some American companies. S. -
Investors who signed a letter of intent to invest in the company.
Lankin and other agile officials spoke on the phone with a fund manager at the World Trade Center in New York to discuss the agreement, when the first plane crashed into the building on Sept. 11, 2001.
Fund managers safely walked out of the building, but in the coming months investors withdrew from the deal and agile was forced to abandon new ventures.
What\'s worse, Agile has to lay off 40 people.
More than half of employees
Back to the core business of manufacturing robot controllers.
Although the company rebounded in the second year, Rankin left in 2003 and was not satisfied with the direction of the company he founded 10 years ago.
As a successor to the ceo, he highly praised agile for its technical and engineering skills, but said the company was lacking in sales and marketing.
The shocking setback triggered by the 9/11 attack was enough to bring down many entrepreneurs, but not easy-going Rankin.
He smiled and shrugged his shoulders and looked back, saying that he had a good attitude when he left agile and even helped recruit a new CEO.
\"Their strategy is to grow through acquisitions.
I don\'t agree, \"he said succinctly. London, Ontario.
Graduates from Western Ontario University of electrical engineering have been an inventor and an engineer.
He designed a patent for his motor control technology research in the Hall of the office,
Kumpf with thick hair looks more like a musician than a chief executive.
What he wants to say is his latest invention, a company called accelerated systems.
Located at 45,000-square-
Located on Kumpf Drive in North Waterloo, the company manufactures motor and control electronics for batteries
Lawn tractors, bicycles, scooters, motorcycles and super electric vehicles
Terrain Vehicles.
Shortly after leaving agile, Lankin began to accelerate into an engineering services company with the goal of eventually launching new products at the expense of using those services.
Two years ago, he teamed up with Gang Pan, an old friend who worked with Lankin in a previous company and is now a partner of Accelerated. CEO.
Pan runs an Asian purchasing company at his home in Waterloo to help small and medium-sized enterprises
Large Canadian companies are looking for manufacturers of products and components in China.
Pan\'s business is now under the umbrella of accelerated growth, accounting for half of the company\'s revenue.
Before Accelerated\'s new products gain greater traction in the market, it will provide a major share of revenue.
\"Every time Rob starts a new company, he calls me,\" Pan said with a smile . \".
Last year, in a strange twist of fate, the accelerated acquisition of a company, which Lankin started as early as 1989, shortly after his Master of Physics from the University of Waterloo.
Originally called SRE control, the company manufactures motor controllers for forklifts and other utility vehicles.
Lankin left in 1993 and started agile, but SRE went ahead with the new owners who went bankrupt and renamed Navitas.
Navitas began using Pan\'s company as its main supplier, but when it was unable to pay its bills, it accelerated its takeover to protect Accounts receivable, Lankin said.
From an income perspective, this structure gives several legs to accelerate, but the company is currently really targeting the emerging market for electric lawn tractors
Electric Mower, bicycle, scooter and motorcycle.
A lawn tractor it developed runs quietly like an electric golf cart, drawing the attention of Home Hardware, which is scheduled to start selling it in stores across the country next spring.
There was a model sitting in the acceleration Hall.
It features a motor for each wheel, a battery for the front and rear, and four controllers to manage the power of each motor.
The special turn function allows the tractor to turn in a narrow corner.
Tractors will be sold under the tag of TriVector Systems, a subsidiary of Accelerated created to sell products.
This is the only turnkey item that Accelerated sells.
Otherwise, the company manufactures motor controllers, drive trains and electronic components for a variety of electric and hybrid vehicles
Non-electric vehicles
Car market. Ninety-
The percentage of customers is in North America, including regional companies such as linmar, Miovision, NDI and RDM.
At present, Accelerated is drafting a contract to provide motor controllers and display meters for a $4,000 flat bike sold by a startup in Tenn Memphis.
Another example of the company\'s versatility is the contract to make a windshield wiper for a sports car company.
Customer wants to fail-
The safe windshield wiper can work at high speeds and harsh conditions, so it speeds up the processing of electronic devices.
Accelerated, with 32 employees, wants the market for electric mower, bike, scooter and motorcycle to take off like a golf cart.
Peter McDonald, general manager of Accelerated, said that ten years ago, 90 golf carts in North America were driven by natural gas.
90 is battery today-
He said the electric and golf cart industry is the largest electric vehicle industry on the continent by sales volume.
If the lawn and scooter market are on the same path, \"We know we could be 10 times larger than we are today,\" he said . \".
While Accelerated still manufactures motors and motion controllers under the Navitas banner for factory applications such as forklifts and multi-function vehicles, the products are \"a bit long,\" Lankin said \".
He pointed out that sales of these vehicles will only be strong if the economy is strong and companies are building new factories.
Accelerated\'s technology and products have attracted the attention of government-funded projects.
In May, it is eligible for $940,000 from the National Research Council for advanced-driven research and development
Training techniques.
The money will help the company develop a smaller, lighter 100-
Drive trains with less energy.
In April, it received $154,000 from FedDev, Ontario to build a new testing lab, hire employees and buy software.
Mr. Rankin said the three companies he founded have been technically strong.
Unlike Accelerated, \"We are entering a more interesting and broader market.
\"At the heart of all this is his continued pursuit of better technology.
Some new patent applications will be submitted to the United States soon. S.
The Lankin research patent office has completed the motor control system for electric bicycles.
\"When you are dealing with very large customers in the global market, having intellectual property protection will help,\" he said . \".
Chowitt @ township enterprises. comWATERLOO —
After the 9/11 terrorist attacks, many local companies felt the pain of business losses, but few were able to get involved more directly than Rob Rankin.
As early as 2001, Lankin had a company called Agile Systems, which made electronic control equipment for industrial robots and automation equipment.
Just two years ago, the company moved into a new building, employing 25 new employees, and was on the cusp of some serious growth.
It is looking for more money to take it to a new level of motor control technology and help it open up new markets.
Agile research has attracted the attention of some American companies. S. -
Investors who signed a letter of intent to invest in the company.
Lankin and other agile officials spoke on the phone with a fund manager at the World Trade Center in New York to discuss the agreement, when the first plane crashed into the building on Sept. 11, 2001.
Fund managers safely walked out of the building, but in the coming months investors withdrew from the deal and agile was forced to abandon new ventures.
What\'s worse, Agile has to lay off 40 people.
More than half of employees
Back to the core business of manufacturing robot controllers.
Although the company rebounded in the second year, Rankin left in 2003 and was not satisfied with the direction of the company he founded 10 years ago.
As a successor to the ceo, he highly praised agile for its technical and engineering skills, but said the company was lacking in sales and marketing.
The shocking setback triggered by the 9/11 attack was enough to bring down many entrepreneurs, but not easy-going Rankin.
He smiled and shrugged his shoulders and looked back, saying that he had a good attitude when he left agile and even helped recruit a new CEO.
\"Their strategy is to grow through acquisitions.
I don\'t agree, \"he said succinctly. London, Ontario.
Graduates from Western Ontario University of electrical engineering have been an inventor and an engineer.
He designed a patent for his motor control technology research in the Hall of the office,
Kumpf with thick hair looks more like a musician than a chief executive.
What he wants to say is his latest invention, a company called accelerated systems.
Located at 45,000-square-
Located on Kumpf Drive in North Waterloo, the company manufactures motor and control electronics for batteries
Lawn tractors, bicycles, scooters, motorcycles and super electric vehicles
Terrain Vehicles.
Shortly after leaving agile, Lankin began to accelerate into an engineering services company with the goal of eventually launching new products at the expense of using those services.
Two years ago, he teamed up with Gang Pan, an old friend who worked with Lankin in a previous company and is now a partner of Accelerated. CEO.
Pan runs an Asian purchasing company at his home in Waterloo to help small and medium-sized enterprises
Large Canadian companies are looking for manufacturers of products and components in China.
Pan\'s business is now under the umbrella of accelerated growth, accounting for half of the company\'s revenue.
Before Accelerated\'s new products gain greater traction in the market, it will provide a major share of revenue.
\"Every time Rob starts a new company, he calls me,\" Pan said with a smile . \".
Last year, in a strange twist of fate, the accelerated acquisition of a company, which Lankin started as early as 1989, shortly after his Master of Physics from the University of Waterloo.
Originally called SRE control, the company manufactures motor controllers for forklifts and other utility vehicles.
Lankin left in 1993 and started agile, but SRE went ahead with the new owners who went bankrupt and renamed Navitas.
Navitas began using Pan\'s company as its main supplier, but when it was unable to pay its bills, it accelerated its takeover to protect Accounts receivable, Lankin said.
From an income perspective, this structure gives several legs to accelerate, but the company is currently really targeting the emerging market for electric lawn tractors
Electric Mower, bicycle, scooter and motorcycle.
A lawn tractor it developed runs quietly like an electric golf cart, drawing the attention of Home Hardware, which is scheduled to start selling it in stores across the country next spring.
There was a model sitting in the acceleration Hall.
It features a motor for each wheel, a battery for the front and rear, and four controllers to manage the power of each motor.
The special turn function allows the tractor to turn in a narrow corner.
Tractors will be sold under the tag of TriVector Systems, a subsidiary of Accelerated created to sell products.
This is the only turnkey item that Accelerated sells.
Otherwise, the company manufactures motor controllers, drive trains and electronic components for a variety of electric and hybrid vehicles
Non-electric vehicles
Car market. Ninety-
The percentage of customers is in North America, including regional companies such as linmar, Miovision, NDI and RDM.
At present, Accelerated is drafting a contract to provide motor controllers and display meters for a $4,000 flat bike sold by a startup in Tenn Memphis.
Another example of the company\'s versatility is the contract to make a windshield wiper for a sports car company.
Customer wants to fail-
The safe windshield wiper can work at high speeds and harsh conditions, so it speeds up the processing of electronic devices.
Accelerated, with 32 employees, wants the market for electric mower, bike, scooter and motorcycle to take off like a golf cart.
Peter McDonald, general manager of Accelerated, said that ten years ago, 90 golf carts in North America were driven by natural gas.
90 is battery today-
He said the electric and golf cart industry is the largest electric vehicle industry on the continent by sales volume.
If the lawn and scooter market are on the same path, \"We know we could be 10 times larger than we are today,\" he said . \".
While Accelerated still manufactures motors and motion controllers under the Navitas banner for factory applications such as forklifts and multi-function vehicles, the products are \"a bit long,\" Lankin said \".
He pointed out that sales of these vehicles will only be strong if the economy is strong and companies are building new factories.
Accelerated\'s technology and products have attracted the attention of government-funded projects.
In May, it is eligible for $940,000 from the National Research Council for advanced-driven research and development
Training techniques.
The money will help the company develop a smaller, lighter 100-
Drive trains with less energy.
In April, it received $154,000 from FedDev, Ontario to build a new testing lab, hire employees and buy software.
Mr. Rankin said the three companies he founded have been technically strong.
Unlike Accelerated, \"We are entering a more interesting and broader market.
\"At the heart of all this is his continued pursuit of better technology.
Some new patent applications will be submitted to the United States soon. S.
The Lankin research patent office has completed the motor control system for electric bicycles.
\"When you are dealing with very large customers in the global market, having intellectual property protection will help,\" he said . \".
Chowitt @ township enterprises.
After the 9/11 terrorist attacks, many local companies felt the pain of business losses, but few were able to get involved more directly than Rob Rankin.
As early as 2001, Lankin had a company called Agile Systems, which made electronic control equipment for industrial robots and automation equipment.
Just two years ago, the company moved into a new building, employing 25 new employees, and was on the cusp of some serious growth.
It is looking for more money to take it to a new level of motor control technology and help it open up new markets.
Agile research has attracted the attention of some American companies. S. -
Investors who signed a letter of intent to invest in the company.
Lankin and other agile officials spoke on the phone with a fund manager at the World Trade Center in New York to discuss the agreement, when the first plane crashed into the building on Sept. 11, 2001.
Fund managers safely walked out of the building, but in the coming months investors withdrew from the deal and agile was forced to abandon new ventures.
What\'s worse, Agile has to lay off 40 people.
More than half of employees
Back to the core business of manufacturing robot controllers.
Although the company rebounded in the second year, Rankin left in 2003 and was not satisfied with the direction of the company he founded 10 years ago.
As a successor to the ceo, he highly praised agile for its technical and engineering skills, but said the company was lacking in sales and marketing.
The shocking setback triggered by the 9/11 attack was enough to bring down many entrepreneurs, but not easy-going Rankin.
He smiled and shrugged his shoulders and looked back, saying that he had a good attitude when he left agile and even helped recruit a new CEO.
\"Their strategy is to grow through acquisitions.
I don\'t agree, \"he said succinctly. London, Ontario.
Graduates from Western Ontario University of electrical engineering have been an inventor and an engineer.
He designed a patent for his motor control technology research in the Hall of the office,
Kumpf with thick hair looks more like a musician than a chief executive.
What he wants to say is his latest invention, a company called accelerated systems.
Located at 45,000-square-
Located on Kumpf Drive in North Waterloo, the company manufactures motor and control electronics for batteries
Lawn tractors, bicycles, scooters, motorcycles and super electric vehicles
Terrain Vehicles.
Shortly after leaving agile, Lankin began to accelerate into an engineering services company with the goal of eventually launching new products at the expense of using those services.
Two years ago, he teamed up with Gang Pan, an old friend who worked with Lankin in a previous company and is now a partner of Accelerated. CEO.
Pan runs an Asian purchasing company at his home in Waterloo to help small and medium-sized enterprises
Large Canadian companies are looking for manufacturers of products and components in China.
Pan\'s business is now under the umbrella of accelerated growth, accounting for half of the company\'s revenue.
Before Accelerated\'s new products gain greater traction in the market, it will provide a major share of revenue.
\"Every time Rob starts a new company, he calls me,\" Pan said with a smile . \".
Last year, in a strange twist of fate, the accelerated acquisition of a company, which Lankin started as early as 1989, shortly after his Master of Physics from the University of Waterloo.
Originally called SRE control, the company manufactures motor controllers for forklifts and other utility vehicles.
Lankin left in 1993 and started agile, but SRE went ahead with the new owners who went bankrupt and renamed Navitas.
Navitas began using Pan\'s company as its main supplier, but when it was unable to pay its bills, it accelerated its takeover to protect Accounts receivable, Lankin said.
From an income perspective, this structure gives several legs to accelerate, but the company is currently really targeting the emerging market for electric lawn tractors
Electric Mower, bicycle, scooter and motorcycle.
A lawn tractor it developed runs quietly like an electric golf cart, drawing the attention of Home Hardware, which is scheduled to start selling it in stores across the country next spring.
There was a model sitting in the acceleration Hall.
It features a motor for each wheel, a battery for the front and rear, and four controllers to manage the power of each motor.
The special turn function allows the tractor to turn in a narrow corner.
Tractors will be sold under the tag of TriVector Systems, a subsidiary of Accelerated created to sell products.
This is the only turnkey item that Accelerated sells.
Otherwise, the company manufactures motor controllers, drive trains and electronic components for a variety of electric and hybrid vehicles
Non-electric vehicles
Car market. Ninety-
The percentage of customers is in North America, including regional companies such as linmar, Miovision, NDI and RDM.
At present, Accelerated is drafting a contract to provide motor controllers and display meters for a $4,000 flat bike sold by a startup in Tenn Memphis.
Another example of the company\'s versatility is the contract to make a windshield wiper for a sports car company.
Customer wants to fail-
The safe windshield wiper can work at high speeds and harsh conditions, so it speeds up the processing of electronic devices.
Accelerated, with 32 employees, wants the market for electric mower, bike, scooter and motorcycle to take off like a golf cart.
Peter McDonald, general manager of Accelerated, said that ten years ago, 90 golf carts in North America were driven by natural gas.
90 is battery today-
He said the electric and golf cart industry is the largest electric vehicle industry on the continent by sales volume.
If the lawn and scooter market are on the same path, \"We know we could be 10 times larger than we are today,\" he said . \".
While Accelerated still manufactures motors and motion controllers under the Navitas banner for factory applications such as forklifts and multi-function vehicles, the products are \"a bit long,\" Lankin said \".
He pointed out that sales of these vehicles will only be strong if the economy is strong and companies are building new factories.
Accelerated\'s technology and products have attracted the attention of government-funded projects.
In May, it is eligible for $940,000 from the National Research Council for advanced-driven research and development
Training techniques.
The money will help the company develop a smaller, lighter 100-
Drive trains with less energy.
In April, it received $154,000 from FedDev, Ontario to build a new testing lab, hire employees and buy software.
Mr. Rankin said the three companies he founded have been technically strong.
Unlike Accelerated, \"We are entering a more interesting and broader market.
\"At the heart of all this is his continued pursuit of better technology.
Some new patent applications will be submitted to the United States soon. S.
The Lankin research patent office has completed the motor control system for electric bicycles.
\"When you are dealing with very large customers in the global market, having intellectual property protection will help,\" he said . \".
Chowitt @ township enterprises. comWATERLOO —
After the 9/11 terrorist attacks, many local companies felt the pain of business losses, but few were able to get involved more directly than Rob Rankin.
As early as 2001, Lankin had a company called Agile Systems, which made electronic control equipment for industrial robots and automation equipment.
Just two years ago, the company moved into a new building, employing 25 new employees, and was on the cusp of some serious growth.
It is looking for more money to take it to a new level of motor control technology and help it open up new markets.
Agile research has attracted the attention of some American companies. S. -
Investors who signed a letter of intent to invest in the company.
Lankin and other agile officials spoke on the phone with a fund manager at the World Trade Center in New York to discuss the agreement, when the first plane crashed into the building on Sept. 11, 2001.
Fund managers safely walked out of the building, but in the coming months investors withdrew from the deal and agile was forced to abandon new ventures.
What\'s worse, Agile has to lay off 40 people.
More than half of employees
Back to the core business of manufacturing robot controllers.
Although the company rebounded in the second year, Rankin left in 2003 and was not satisfied with the direction of the company he founded 10 years ago.
As a successor to the ceo, he highly praised agile for its technical and engineering skills, but said the company was lacking in sales and marketing.
The shocking setback triggered by the 9/11 attack was enough to bring down many entrepreneurs, but not easy-going Rankin.
He smiled and shrugged his shoulders and looked back, saying that he had a good attitude when he left agile and even helped recruit a new CEO.
\"Their strategy is to grow through acquisitions.
I don\'t agree, \"he said succinctly. London, Ontario.
Graduates from Western Ontario University of electrical engineering have been an inventor and an engineer.
He designed a patent for his motor control technology research in the Hall of the office,
Kumpf with thick hair looks more like a musician than a chief executive.
What he wants to say is his latest invention, a company called accelerated systems.
Located at 45,000-square-
Located on Kumpf Drive in North Waterloo, the company manufactures motor and control electronics for batteries
Lawn tractors, bicycles, scooters, motorcycles and super electric vehicles
Terrain Vehicles.
Shortly after leaving agile, Lankin began to accelerate into an engineering services company with the goal of eventually launching new products at the expense of using those services.
Two years ago, he teamed up with Gang Pan, an old friend who worked with Lankin in a previous company and is now a partner of Accelerated. CEO.
Pan runs an Asian purchasing company at his home in Waterloo to help small and medium-sized enterprises
Large Canadian companies are looking for manufacturers of products and components in China.
Pan\'s business is now under the umbrella of accelerated growth, accounting for half of the company\'s revenue.
Before Accelerated\'s new products gain greater traction in the market, it will provide a major share of revenue.
\"Every time Rob starts a new company, he calls me,\" Pan said with a smile . \".
Last year, in a strange twist of fate, the accelerated acquisition of a company, which Lankin started as early as 1989, shortly after his Master of Physics from the University of Waterloo.
Originally called SRE control, the company manufactures motor controllers for forklifts and other utility vehicles.
Lankin left in 1993 and started agile, but SRE went ahead with the new owners who went bankrupt and renamed Navitas.
Navitas began using Pan\'s company as its main supplier, but when it was unable to pay its bills, it accelerated its takeover to protect Accounts receivable, Lankin said.
From an income perspective, this structure gives several legs to accelerate, but the company is currently really targeting the emerging market for electric lawn tractors
Electric Mower, bicycle, scooter and motorcycle.
A lawn tractor it developed runs quietly like an electric golf cart, drawing the attention of Home Hardware, which is scheduled to start selling it in stores across the country next spring.
There was a model sitting in the acceleration Hall.
It features a motor for each wheel, a battery for the front and rear, and four controllers to manage the power of each motor.
The special turn function allows the tractor to turn in a narrow corner.
Tractors will be sold under the tag of TriVector Systems, a subsidiary of Accelerated created to sell products.
This is the only turnkey item that Accelerated sells.
Otherwise, the company manufactures motor controllers, drive trains and electronic components for a variety of electric and hybrid vehicles
Non-electric vehicles
Car market. Ninety-
The percentage of customers is in North America, including regional companies such as linmar, Miovision, NDI and RDM.
At present, Accelerated is drafting a contract to provide motor controllers and display meters for a $4,000 flat bike sold by a startup in Tenn Memphis.
Another example of the company\'s versatility is the contract to make a windshield wiper for a sports car company.
Customer wants to fail-
The safe windshield wiper can work at high speeds and harsh conditions, so it speeds up the processing of electronic devices.
Accelerated, with 32 employees, wants the market for electric mower, bike, scooter and motorcycle to take off like a golf cart.
Peter McDonald, general manager of Accelerated, said that ten years ago, 90 golf carts in North America were driven by natural gas.
90 is battery today-
He said the electric and golf cart industry is the largest electric vehicle industry on the continent by sales volume.
If the lawn and scooter market are on the same path, \"We know we could be 10 times larger than we are today,\" he said . \".
While Accelerated still manufactures motors and motion controllers under the Navitas banner for factory applications such as forklifts and multi-function vehicles, the products are \"a bit long,\" Lankin said \".
He pointed out that sales of these vehicles will only be strong if the economy is strong and companies are building new factories.
Accelerated\'s technology and products have attracted the attention of government-funded projects.
In May, it is eligible for $940,000 from the National Research Council for advanced-driven research and development
Training techniques.
The money will help the company develop a smaller, lighter 100-
Drive trains with less energy.
In April, it received $154,000 from FedDev, Ontario to build a new testing lab, hire employees and buy software.
Mr. Rankin said the three companies he founded have been technically strong.
Unlike Accelerated, \"We are entering a more interesting and broader market.
\"At the heart of all this is his continued pursuit of better technology.
Some new patent applications will be submitted to the United States soon. S.
The Lankin research patent office has completed the motor control system for electric bicycles.
\"When you are dealing with very large customers in the global market, having intellectual property protection will help,\" he said . \".
Chowitt @ township enterprises. comWATERLOO —
After the 9/11 terrorist attacks, many local companies felt the pain of business losses, but few were able to get involved more directly than Rob Rankin.
As early as 2001, Lankin had a company called Agile Systems, which made electronic control equipment for industrial robots and automation equipment.
Just two years ago, the company moved into a new building, employing 25 new employees, and was on the cusp of some serious growth.
It is looking for more money to take it to a new level of motor control technology and help it open up new markets.
Agile research has attracted the attention of some American companies. S. -
Investors who signed a letter of intent to invest in the company.
Lankin and other agile officials spoke on the phone with a fund manager at the World Trade Center in New York to discuss the agreement, when the first plane crashed into the building on Sept. 11, 2001.
Fund managers safely walked out of the building, but in the coming months investors withdrew from the deal and agile was forced to abandon new ventures.
What\'s worse, Agile has to lay off 40 people.
More than half of employees
Back to the core business of manufacturing robot controllers.
Although the company rebounded in the second year, Rankin left in 2003 and was not satisfied with the direction of the company he founded 10 years ago.
As a successor to the ceo, he highly praised agile for its technical and engineering skills, but said the company was lacking in sales and marketing.
The shocking setback triggered by the 9/11 attack was enough to bring down many entrepreneurs, but not easy-going Rankin.
He smiled and shrugged his shoulders and looked back, saying that he had a good attitude when he left agile and even helped recruit a new CEO.
\"Their strategy is to grow through acquisitions.
I don\'t agree, \"he said succinctly. London, Ontario.
Graduates from Western Ontario University of electrical engineering have been an inventor and an engineer.
He designed a patent for his motor control technology research in the Hall of the office,
Kumpf with thick hair looks more like a musician than a chief executive.
What he wants to say is his latest invention, a company called accelerated systems.
Located at 45,000-square-
Located on Kumpf Drive in North Waterloo, the company manufactures motor and control electronics for batteries
Lawn tractors, bicycles, scooters, motorcycles and super electric vehicles
Terrain Vehicles.
Shortly after leaving agile, Lankin began to accelerate into an engineering services company with the goal of eventually launching new products at the expense of using those services.
Two years ago, he teamed up with Gang Pan, an old friend who worked with Lankin in a previous company and is now a partner of Accelerated. CEO.
Pan runs an Asian purchasing company at his home in Waterloo to help small and medium-sized enterprises
Large Canadian companies are looking for manufacturers of products and components in China.
Pan\'s business is now under the umbrella of accelerated growth, accounting for half of the company\'s revenue.
Before Accelerated\'s new products gain greater traction in the market, it will provide a major share of revenue.
\"Every time Rob starts a new company, he calls me,\" Pan said with a smile . \".
Last year, in a strange twist of fate, the accelerated acquisition of a company, which Lankin started as early as 1989, shortly after his Master of Physics from the University of Waterloo.
Originally called SRE control, the company manufactures motor controllers for forklifts and other utility vehicles.
Lankin left in 1993 and started agile, but SRE went ahead with the new owners who went bankrupt and renamed Navitas.
Navitas began using Pan\'s company as its main supplier, but when it was unable to pay its bills, it accelerated its takeover to protect Accounts receivable, Lankin said.
From an income perspective, this structure gives several legs to accelerate, but the company is currently really targeting the emerging market for electric lawn tractors
Electric Mower, bicycle, scooter and motorcycle.
A lawn tractor it developed runs quietly like an electric golf cart, drawing the attention of Home Hardware, which is scheduled to start selling it in stores across the country next spring.
There was a model sitting in the acceleration Hall.
It features a motor for each wheel, a battery for the front and rear, and four controllers to manage the power of each motor.
The special turn function allows the tractor to turn in a narrow corner.
Tractors will be sold under the tag of TriVector Systems, a subsidiary of Accelerated created to sell products.
This is the only turnkey item that Accelerated sells.
Otherwise, the company manufactures motor controllers, drive trains and electronic components for a variety of electric and hybrid vehicles
Non-electric vehicles
Car market. Ninety-
The percentage of customers is in North America, including regional companies such as linmar, Miovision, NDI and RDM.
At present, Accelerated is drafting a contract to provide motor controllers and display meters for a $4,000 flat bike sold by a startup in Tenn Memphis.
Another example of the company\'s versatility is the contract to make a windshield wiper for a sports car company.
Customer wants to fail-
The safe windshield wiper can work at high speeds and harsh conditions, so it speeds up the processing of electronic devices.
Accelerated, with 32 employees, wants the market for electric mower, bike, scooter and motorcycle to take off like a golf cart.
Peter McDonald, general manager of Accelerated, said that ten years ago, 90 golf carts in North America were driven by natural gas.
90 is battery today-
He said the electric and golf cart industry is the largest electric vehicle industry on the continent by sales volume.
If the lawn and scooter market are on the same path, \"We know we could be 10 times larger than we are today,\" he said . \".
While Accelerated still manufactures motors and motion controllers under the Navitas banner for factory applications such as forklifts and multi-function vehicles, the products are \"a bit long,\" Lankin said \".
He pointed out that sales of these vehicles will only be strong if the economy is strong and companies are building new factories.
Accelerated\'s technology and products have attracted the attention of government-funded projects.
In May, it is eligible for $940,000 from the National Research Council for advanced-driven research and development
Training techniques.
The money will help the company develop a smaller, lighter 100-
Drive trains with less energy.
In April, it received $154,000 from FedDev, Ontario to build a new testing lab, hire employees and buy software.
Mr. Rankin said the three companies he founded have been technically strong.
Unlike Accelerated, \"We are entering a more interesting and broader market.
\"At the heart of all this is his continued pursuit of better technology.
Some new patent applications will be submitted to the United States soon. S.
The Lankin research patent office has completed the motor control system for electric bicycles.
\"When you are dealing with very large customers in the global market, having intellectual property protection will help,\" he said . \".
Chowitt @ township enterprises.
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