MAGNEVANE Revenue

Industrial Machinery Manufacturing • Trofa, Porto, Portugal • 1-10 Employees

MAGNEVANE revenue & valuation

Annual revenue	$342,220
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Industrial Machinery Manufacturing industry and current estimated revenues	$1,100,000
Total funding	No funding

Key Contact at MAGNEVANE

Jiva Remtula

CEO

Company overview

Headquarters	Rua da Poente nº62/72, nº62/72, Trofa, Porto 4785-509 Trofa, PT
Website	magnevane.com
NAICS	3332
Keywords	Pneumatics, Chainsaws, Compressors, Pumps, Drills, Tensioners, Air Motors
Founded	2015
Employees	1-10

About MAGNEVANE

Magnevane is a patented technology that revolutionises the efficiency of rotary vane motors and compressors. In a compressor, it uses 30% less electricity and, in a motor, it uses 30% less air to deliver mechanical motion . Magnevane uses less to achieve more . Magnevane technology is plug & play and can be either retrofitted to existing equipment to improve efficiency or implemented in turn-key solutions. The main product areas are Pneumatic Components, Hydraulic Components and Compressors. Our goal is to promote and enable the worldwide spread of our technology among OEMs, thus establishing a new standard in pneumatic efficiency. Originally born in South Africa, the company recently established its headquarters and R&D centre in Portugal, from which several applications are being developed and launched to the market. magnevane.com

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

MAGNEVANE has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

MAGNEVANE has never raised funding before.

Frequently asked questions

MAGNEVANE is located in Trofa, Porto, PT.

MAGNEVANE generates an estimated annual revenue of $342,220. This revenue figure reflects the company's market position and business performance in its industry.

MAGNEVANE has an estimated valuation of $1,100,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

MAGNEVANE was founded in 2015, making it 11 years old. The company has established itself as a significant player in its industry over this time.

MAGNEVANE has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at MAGNEVANE

Jiva Remtula

CEO

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