Investment Proposition

Technology

Corac is an innovative research and technology group, specialising in high speed compressor and power electronics technology, developing patented applications and creating value for end customers, primarily in the gas industry. Through more than a decade of experience and development, Corac has successfully combined know-how and technology in the fields of gas bearings, motor, aerodynamics, thermal heat transfer design and power electronics, developing integrated solutions and systems based on high speed, high power density, oil-free turbomachinery with integrated power electronics and control systems.

Intellectual Property

Corac has protected the key features of its technology and potential systems applications through a number of granted patents and design registrations. Corac continues to develop relevant IP, applying for patents which protect and complement its existing technology and solutions. As these innovative solutions develop, they provide a basis for future licensing opportunities to create further value.

Business streams

Corac’s development is directed towards a range of customer-driven applications which are grouped into three business streams:

Gas in Harsh Environments

This development focuses on the movement of gases with difficult environmental characteristics such as high temperatures, water content and contaminants. Corac’s compact, high speed compressors are tolerant of a wide range of harsh environments. Development of core technologies into a downhole gas compressor for gas extraction and an in-pipe gas compressor for above-ground gas delivery are two of the company’s current projects.

Clean Air Supply and Efficient Air Power

There are a number of significant industrial sectors where there is a critical requirement for cleanliness, such as water treatment and in the production and handling of foods and pharmaceuticals. Corac’s oil-free compressors eliminate lubricants from the gas stream for this purpose.  In addition, Corac’s low maintenance and low life cycle costs are becoming an important factor for the compressed air industry.

The “fourth utility” in factories demands a simple, low maintenance uncontaminated yet highly efficient supply of compressed gas. Traditional fixed rate air supplies do not allow for the management of the peaks and troughs of air demand. Corac’s high speed compressors provide controllable high performance from a very small package with low maintenance and low life cycle cost.

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