2020 Luis Villalobos Award Technology Winner: Onboard Dynamics
Onboard Dynamics has developed innovative natural gas compression technology allowing a low-pressure natural gas source to be compressed up to 3600 psi – all integrated within an engine platform. It runs on natural gas to compress natural gas without the need for electricity. The first product to market is the GoFlo® CNG-80 natural gas compressor launched in 2018.
In addition to “no electricity required”, this product brings many other benefits to their target customers with its mobility, scalability, and ease of installation and deployment. The applications are many within the different verticals in the industry.
And, they are witnessing a significant demand and interest in the international arena. Not only with increased adoption of natural gas as a transportation fuel but also in the transport of natural gas via various methods.
There is also a huge opportunity with tackling flared and/or stranded gas for smaller wells in remote areas. The system can be used to convert conditioned gas into compressed natural gas to fill tube trailers for transport and/or refueling locally.
How Award Winners are Chosen
Companies are nominated by ACA members to participate in this prestigious award.
The Luis Villalobos Award recognizes the most ingenious and innovative ideas recently financed by members of the Angel Capital Association. Two category winners are selected to attend the ACA Summit and honored live and throughout the event. The award is presented to the winning CEOs during the annual awards ceremony at the ACA Summit. Companies in all investment sectors are invited to participate and will be considered for one of two Category Winner opportunities. The categories are:
- Technology, Services, & Consumer: (Hardware & Software, Social Media, Web 2.0., Fintech, AgTech, etc.)
- Life Sciences (Pharma, Med devices, HealthCare IT, Digital or Mobile Health, etc.)
The award is open to companies that have received funding from an ACA member / angel group are in operation when the application is submitted.
Both the ACA member / group and company complete a short nomination form and is complete when both are received by the ACA nomination committee.
Learn more about the award here: https://www.angelcapitalassociation.org/luis-villalobos-award/#LVWinners