Ferraris News and History

Feb. 2020

  • EPRI Engineering Team expressed strong interested in Ferraris ERR System and its application areas. (such as EV charging, residence and market etc.)  EPRI and Ferraris will have following meetings on that will be discussed US test bench with Utility and EV Bus company based on US government fund supporting.  we will have meeting at end of March or early April 2020 in EPRI office. - EPRI (Energy Power Research Institute), US
  • Looking for battery charging system at existing power line. Interested in Ferraris Tolenoid C® contactless solution for their power line fault detection system. Asked potential solution for their product. -  Franklin Electric Grid Solutions, US
  • Introduced Ferraris products and asked them to find proper customers and investors in WA state. WA state is clean energy state so that there are several program that supports startup and ventures. Will send details information to us to link high potential customers and investors including WA state supporting program. -  Dept of Commerce at WA State, US 

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Jan. 2020 

  • Introduced the Ferraris products at the DistribuTech  2020 exhibition. - San Antonio TX, US  January 28 ~ 30, 2020
  • Introduced Ferraris ERR System and how to use or apply their application. Introduced US business model and discussed to Japan business model. - DAIKYO, JAPAN
  • Introduced Ferraris ERR System and hot it works. Discussed to application area and how to use another source of power source. - KYUDENKO, JAPAN
  • We discussed to CCTV battery charging subsystem with Tolenoid C® for Motored railroad Inspection car. They were looking for contactless charging solution inside railroad tunnel. Further discussion will be held for Singapore Power division and other applications at railroad. - Land Transport Authority, Singapore
  • Ferraris  website reopened.  www.ferrarispower.com

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Jan. 2020

  • Conversion of Corporation into a Nevada Corporation.  

Sep. 2019 

  • Tolenoid C® Supply   contract related approval has been confirmed to Seoul Metro in KOREA.

Jul. 2019 

  • Preliminary analysis for Ferraris ERR System installation are being discussed to 7/11(marts) in JAPAN.

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 Jun. 2019 

  • State Grid Corporation of China, State Grid Info & Telecom Group   will attend Ferraris Inc. and pitch and products demo. - Beijing, CHINA  June 26 ~ 28, 2019 
  • "Energy Internet Innovation and Entrepreneurship SUMMIT" will attend Ferraris Inc. and pitch and products demo. - Chengdu, CHINA  June 10 ~ 13, 2019

May 2019

  • "Power supply for automatic sectionalizer fan & LED system (KEPCO SW/TR Box)" based on Tolenoid C® to be supply for KEPCO SPC.
  • "Monitoring system for distribution power line" based on Tolenoid C® (infrared sensor and LTE-R system) to be supply for ECO and Seoul Metro.

Apr. 2019

  • Securities exchange has been executed between Ferraris Inc. and Ferraris Power Co., Ltd. 

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 Feb. 2019

  • Introduced the Ferraris products at the DistribuTech  2019 exhibition.  - New Orleans, US  February 5 ~ 7, 2019

Jan. 2019

  • Started SANDBOX pilot project with Energyijos skeirstymo operatorius. - Republic of Lithuania
  • Plant and Institute relocated to Daedeok Daejeon.

Oct. 2018

  • Outstanding investment of USD 0.9 MIL from J&J Invest.

Sep. 2018

  • The ERR System (1st enhanced product version ) tested runs in Korea   Midland Power Co. Ltd. power generation facility (No. 4 small water power unit (1.25MW) to control system section) between March 2016 to September 2018. The result was Temperature and the quality of power line of water   power generator are not affected and not noticeable at all.
  • The ERR system (3rd enhanced product version ) tested runs in A   company (Manufacturing) between January 2018 to September 2018. The result was factory operation was fine and stable without any impact of their normal operation with reduced power bills. 

Aug. 2018

  • Certificated UL

May 2018

  • Korea Electronics Technology Institute. successfully supplied power by installed of   Ferraris Tolenoid C® 1 set.

Apr. 2018

  • Outstanding investment of USD 1.7 MIL from a Private investment association.

Dec. 2017

  • Safeus  drone Co., Ltd. successfully supplied power by installed of Ferraris Tolenoid C® 1 set.
  • LKTech net Co., Ltd. successfully supplied power by installed of Ferraris Tolenoid  C® 5 set.

Sep. 2017

  • Procom system Co., Ltd. successfully supplied power by installed of Ferraris Tolenoid C® 4 set.

Jun. 2017

  • Certificated CE

May 2017

  • Shinyoung  Indus Co., Ltd. successfully supplied power by installed of Ferraris Tolenoid C® 75 set.

Apr. 2017

  • Nexchal Co., Ltd. successfully supplied power by installed of Ferraris Tolenoid C® 4 set.

Dec. 2016

  • Certificated KC

Apr. 2016

  • Plant be built in Seongnam Korea.
  • Shinyoung Indus  Co., Ltd. successfully supplied power by installed of Ferraris Tolenoid C® 2 set.

Mar. 2016

  • Installed of pre-production.

Jan. 2016

  • G2Power successfully supplied power by installed of Ferraris Tolenoid C® 3 set.

Dec. 2015

  • Certificated ISO 14001

Jun. 2015

  • Outstanding investment of USD 7.3 MIL from Value Investment Korea.

Mar. 2013

  • Tolenoid C® develop and Certificated ISO 9001