Vayu (Formerly Known as WindWISDEM) Launches Wind Energy Optimization Cloud Software
SAN FRANCISCO--(BUSINESS WIRE)--Nov 20, 2018--Vayu Corp. (“Vayu”), a Ystrategies Corporation (OTC: YSTR) portfolio company, today announced the availability of its wind energy optimization cloud software, and also announced that it has changed its name from WindWISDEM to Vayu.
“We’ve achieved our goal of creating a cloud computing service that can optimize any wind farm and produce an optimization report for any wind service stakeholder in the world, including wind farm operators, OEMs and investors,” said Jim Kiles, CEO of Vayu. “Not only can it significantly help increase wind energy production from existing infrastructure, it can help the financial community better evaluate farms for investments and acquisitions.”
Vayu today also announced the addition of August Kiles as Lead Product Engineer responsible for managing the development of all VayuAI products and services. Kiles’ background is in operations research and financial engineering.
About Vayu Corp.
Vayu (formerly known as WindWISDEM) is a cloud-computing service for the delivery of optimization and machine learning software services to wind farms and stakeholders. Founded by Ystrategies Corporation (OTC: YSTR), Vayu applies physics-based algorithms against unpredictable wind data, locally and globally, to identify cooperative action among multiple wind turbines, diminishing risk from turbulence while increasing power production. Vayu technology can significantly increase wind farm energy production. Learn more at www.vayuai.com.
About Ystrategies Corp.
Ystrategies is a publicly-traded venture capital firm concentrated on building disruptive businesses focused on critical issues such as renewable energy and clean technology. Ystrategies invests in science and technology emerging from the US National Laboratory System, incubators, businesses and academic institutions. The Company looks for market-ready technology with large addressable markets and intellectual property ready to engage identified customer segment partners in important commercial agreements. Investments are premised on closing strategic partner agreements as pathways to valuable exits. Ystrategies was founded by former Intel Capital Managing Director, Jim Kiles, who is supported by industry veterans Ashish Badjatia, Doug Gilbert-Smith, Andrea Kates, Paul Overby, Jon Sigerman, Neil Cohen and Shirley Gee. Ystrategies has offices in Pittsburgh and San Francisco. For more information, visit Ystrategies’ website at: http://www.ystrategies.com.
Forward Looking Statements.
Certain statements contained herein may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any statements concerning our plans, strategies, investments, and objectives are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181120005141/en/
CONTACT: Ystrategies Corp. and Vayu Corp.
Vice President, Marketing and Business Development
email@example.comThe Equity Group
Kalle Ahl, CFA
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY ALTERNATIVE ENERGY COAL OIL/GAS UTILITIES OTHER ENERGY TECHNOLOGY DATA MANAGEMENT SOFTWARE OTHER TECHNOLOGY MOBILE/WIRELESS NATURAL RESOURCES MINING/MINERALS OTHER NATURAL RESOURCES PROFESSIONAL SERVICES FINANCE NUCLEAR CONSTRUCTION & PROPERTY
SOURCE: Vayu Corp.
Copyright Business Wire 2018.
PUB: 11/20/2018 08:30 AM/DISC: 11/20/2018 08:30 AM