Chorus Motors - WheelTug Cool Chips Power Chips Roche Bay Faraway Photon Power Avto Metals - About Borealis - Corporate Information - The Borealis Family of Companies - Technology Home - Patent Portfolio - Potential Benefits - Investors Home - Stock Quote (external link) - News Home - Weekly Update What Is Borealis' Mission? Borealis aims to create value for our shareholders by inventing, developing, and marketing technologies that will change basic industries. Why Basic Industry? We recognize that most high-tech companies are competing in crowded fields like computer networking and biotechnology. However, Borealis is looking at fields with large conventional markets, with annual sales of products in excess of $10 billion. These are typically mature industries that have been using the same technology for decades. They are slow to change but have enormous potential for improvement through the application of new technologies to reinvigorate them. They therefore offer huge rewards to the company that owns those technologies. These industries are attractive to Borealis specifically because basic innovation has been lacking for so long. As a result, there is fertile ground for our work. We approach each technology with a clean slate, but with the added support of all the scientific and technological advances which have occurred in the last hundred years. Consequently, Borealis has filed dozens of patents in such varied fields as Electric Motors, Refrigeration and Cooling, and Electrical Power Generation . We also plan to innovate in other areas which will be disclosed as new patents are issued. (Why is Borealis so careful about disclosure?) What Is The Development Path? Borealis operates on the concept of turning an idea into a fully testable prototype suitable for production. Including the comprehensive effort that goes into understanding and quantifying the invention, as well as all the work to ensure that Borealis protects its intellectual property, following this path can take several years. Once the project is nearing readiness, Borealis will seek to license the technology to major companies that already have established strong positions in the target industry. For example, the Chorus® Motor technology is now in the process of being licensed to motor and drive companies, while Green Steel™ is a perfect fit for steel companies that want to improve their bottom line while eliminating smokestack emissions and other pollution. How Can I Learn More About The Technology? If you would like to learn more about Borealis' technologies than is available on this web site, please e-mail pr@borealis.com. We will require a standard non-disclosure agreement ( NDA), but we are very willing to discuss our technology in detail with potential licensees and investors. How Can I Invest In Borealis? Borealis trades in the U.S. over the counter under the symbol BOREF. Cool Chips plc (COLCF), has been publicly traded since April 24, 2002; Chorus Motors plc (CHOMF), since October 21, 2003; and Power Chips plc (PWCHF), since November 4, 2003. Each of these subsidiary companies has rights to a specific technology, which is comprised of issued, pending, and future patents, trademarks, and trade secrets. Each of these subsidiary companies has the exclusive right to license this technology to third parties for use in their respective markets. In addition, Roche Bay plc (RCHBF), which controls the Roche Bay Magnetite Deposits, has been publicly trading since November 4, 2003. How Does Borealis Make Investment Decisions? Borealis pursues an investment strategy known as Present Discounted Expected Value Analysis. Essentially, senior management evaluates new ideas on a daily basis, with an eye for technologies which are potentially transformative, at an investigatory cost which is within our budget. [Explanation of Expected Value] Why Is Borealis A "Virtual Company"? Structurally, Borealis is a "virtual" company in the sense that unlike most other companies, the Internet plays a dominant role in our day-to-day operations and working practices and is the means by which we manage our business, discuss new ideas, and allow our company to use a talent pool unrestricted by geographic constraints. We have no single physical office as our activities, personnel, and projects are spread around the world. We have a very high degree of flexibility as a "virtual" company, flexibility that doesn't come with being located in a physical building in an office park. Learn more. Funding For Borealis Research. Borealis has been funded, almost 100%, by members of the Borealis Family - that is, our shareholders - and research has not been limited or encumbered by government assistance. While a public offering has not occurred in a Borealis company since 1968, Borealis has been raising capital by selling private shares in subsidiary companies. Learn more. Our History. Borealis Exploration, the parent company, is over three decades old, and the R&D subsidiary, Borealis Technical Limited, is over 12 years old. View a detailed history of Borealis Technical, and Borealis Exploration. Copyright © 1995 - 2015 Borealis Exploration Limited. All rights reserved. Wheeltug and Chorus are Registered Trade Marks of Borealis Technical Limited Forward-Looking Statement may be found at http://www.borealis.gi/fwdlook.shtml