Company:GeoOrbital

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Short description: Electric wheel system
GeoOrbital, Inc.
TypePrivately held company
IndustryElectric bicycles
Founded2014
FounderMichael Burtov
Number of locations
Cambridge, Massachusetts
ProductsElectric wheel system[1]
Websitewww.geoorbital.com
GeoOrbital wheel

GeoOrbital is an electric wheel system fitted to existing bicycles by the American company GeoOrbital, Inc.[2] It launched its successful crowdfunding campaign in 2016.[3][4][5][6] A GeoOrbital powered bike was featured during TechCrunch Disrupt NY 2016 at Brooklyn, NY in May 2016.[2][7] In May 2017 it launched a Crowdfunding Reg CF campaign on the site StartEngine [8]

History

GeoOrbital was founded by Michael Burtov in 2014. Burtov conceived the concept while watching a film called Tron, thinking that a lot of space was wasted inside the wheels - leading him to create an electric wheel system.[9] He designed a wheel that can take the place of the existing wheel on nearly any bike, with two size options at launch.[10][11] The motor and battery were able to produce a top speed of 20 mph and battery lasts for 12 miles, extendable to 30 miles with pedaling.[12][13] In 2016, the company debuted on Kickstarter,[14] reaching its fundraising goal of 75,000 within 78 minutes.[2] With the fundraising campaign, the company drew the attention of media and was covered in TechCrunch, Irish Times,[15] Huffington Post,[16] The Verge,[17] Gadgette[18] and others.[19]

The company also successfully raised a funding around of $150,000 from a group of independent angel investors.[2]

The successful kickstarter campaign in May and June 2016 generated $1,261,222 in pledges pre purchasing around 1600 wheels. [14]

References

  1. ↑ Jonathan Sawyer (12 May 2016). "The GeoOrbital Wheel Makes Almost Any Bike Electric in 60 Seconds". Highsnobiety. http://www.highsnobiety.com/2016/05/12/make-your-bike-electric/. Retrieved 18 May 2016. 
  2. ↑ 2.0 2.1 2.2 2.3 Sarah Perez (11 May 2016). "GeoOrbital's wheel turns almost any bike into an electric bike". Techcrunch. https://techcrunch.com/2016/05/11/geoorbitals-wheel-turns-almost-any-bike-into-an-electric-bike/. Retrieved 18 May 2016. 
  3. ↑ Dick Ahlstrom (16 May 2016). "GeoOrbital: Inventing the wheel of fortune". Irish Times. http://www.irishtimes.com/business/geoorbital-inventing-the-wheel-of-fortune-1.2646877. Retrieved 18 May 2016. 
  4. ↑ Matthew Barnes (15 May 2016). "Now You Can Make Your Bike Electric With The GeoOrbital Wheel". TechMalak. http://www.techmalak.com/now-you-can-make-your-bike-electric-with-the-geoorbital-wheel/#.VzyOLzV96M8. Retrieved 18 May 2016. 
  5. ↑ Philip E. Ross (26 April 2016). "The GeoOrbital Wheel Lets You Make Your Bike Electric in Minutes". IEEE Spectrum. https://spectrum.ieee.org/cars-that-think/transportation/alternative-transportation/riding-geoorbitals-allinthewheel-ebike. Retrieved 18 May 2016. 
  6. ↑ Dorien Vervoort (3 May 2016). "Maak je oude fiets elektrisch met GeoOrbital". ZDNet. http://www.zdnet.be/nieuws/180312/maak-je-oude-fiets-elektrisch-met-geoorbital/. Retrieved 18 May 2016. 
  7. ↑ "ふつうの自転車を簡単に電動アシストにするGeoOrbital". Techcrunch. http://jp.techcrunch.com/2016/05/13/20160511geoorbitals-wheel-turns-almost-any-bike-into-an-electric-bike/. Retrieved 18 May 2016. 
  8. ↑ "GeoOrbital". https://www.startengine.com/startup/geoorbital. 
  9. ↑ "Reinventing the electric bike: GeoOrbital goes 'Tron' with new wheel". GeekWire. 2 May 2016. http://www.geekwire.com/2016/re-inventing-electric-bike-geoorbital-goes-tron/. Retrieved 18 May 2016. 
  10. ↑ Prateek Jose (5 May 2016). "The Wheel That Turns Every Bike Into an eBike". SnapMunk. http://www.snapmunk.com/convert-any-electric-bike-geoorbital-wheel-kickstarter/. Retrieved 18 May 2016. 
  11. ↑ Tom Spendlove (13 May 2016). "GeoOrbital Wheel Converts Your Bike to an Electric Cycle". Engineering.com. http://www.engineering.com/DesignerEdge/DesignerEdgeArticles/ArticleID/12120/GeoOrbital-Wheel-Converts-Your-Bike-to-an-Electric-Cycle.aspx. Retrieved 18 May 2016. 
  12. ↑ Sai Abhijat (18 May 2016). "GeoOrbital wheel makes your bicycle an e-Bike in under 60 seconds!". Gizmo Times. http://www.gizmotimes.com/smart-stuff/geoorbital-wheel-makes-your-bicycle-an-e-bike/12597. Retrieved 18 May 2016. 
  13. ↑ Philip E. Ross (10 May 2016). "Effortless Biking With the GeoOrbital E-Wheel". IEEE Spectrum. https://spectrum.ieee.org/video/transportation/alternative-transportation/effortless-biking-with-the-geoorbital-ewheel. Retrieved 18 May 2016. 
  14. ↑ "GeoOrbital Wheel Make your bike electric in 60 seconds". Kickstarter. https://www.kickstarter.com/projects/1266381423/geoorbital-wheel-make-your-bike-electric-in-60-sec. Retrieved 18 May 2016. 
  15. ↑ "GeoOrbital showcase their eBike wheel". Irish Times. 13 May 2016. http://www.irishtimes.com/business/innovation/geoorbital-showcase-their-ebike-wheel-1.2647095. Retrieved 18 May 2016. 
  16. ↑ Thomas Tamblyn (12 May 2016). "GeoOrbital Gives Any Bicycle An Electric Motor In 60 Seconds". Huffington Post. http://www.huffingtonpost.co.uk/entry/geoorbital-gives-any-bicycle-an-electric-motor-in-60-seconds_uk_57344ecee4b01359f68680ae. Retrieved 18 May 2016. 
  17. ↑ Sean O'Kane (2 May 2016). "This motorized wheel adds electric power to your bike". The Verge. https://www.theverge.com/2016/5/2/11553850/geoorbital-wheel-electric-bike-ebike. Retrieved 18 May 2016. 
  18. ↑ Emma Boyle. "This bolt-on wheel will give your bike an electric boost". Gadgette. http://www.gadgette.com/2016/05/05/this-bolt-on-wheel-will-give-your-bike-an-electric-boost/. Retrieved 18 May 2016. 
  19. ↑ Jennifer Allen (10 May 2016). "Kickstarter Weekly: Turn Your Bicycle Electric with GeoOrbital Wheel and More". Paste Magazine. https://www.pastemagazine.com/articles/2016/05/kickstarter-weekly-turn-your-bicycle-electric-with.html. Retrieved 18 May 2016. 



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