Meet the Innovators Behind the Future of Renewable Energy
Waterotor Energy Technologies is a leader among renewable energy companies, revolutionizing hydroelectric energy with technology that captures power from flowing water. Our mission is to create affordable, sustainable solutions that bring clean energy to underserved regions worldwide while driving progress toward a carbon-free future.
Our Team
The Experts Driving Innovation and Change
Our team consists of experts in renewable energy, engineering, and business development, all united by a shared passion for tackling global energy challenges. With decades of combined experience, we’re committed to delivering innovative solutions and making a lasting environmental impact.
CEO & CTO
With over 35 years as a business leader, Fred Ferguson has developed multiple breakthrough renewable energy technologies. As founder of Magenn Power, he created a helium-filled air rotor that converted wind energy into electricity. He previously led a $500M Lockheed Martin project, contributing to major aerospace advancements. He is a recipient of the Canadian Government’s Industry Award for Excellence in Invention. A Tiger21 member, Mr. Ferguson has attracted five additional Tiger21 investors to Waterotor.
Chairman of the Board
Terry Lyons is a highly accomplished executive with experience in natural resources, finance, and corporate leadership. He serves as Chairman of Sprott Resource Corp. and Polaris Materials and is a director at Martinrea International. A retired Managing Partner of Brookfield Asset Management, he played a key role in major acquisitions, including the Northgate Minerals-AuRico Gold merger. He has received the INCO Medal for distinguished service in mining and serves on the Advisory Board of the Richard Ivey School of Business.
Vice President of Finance
A shareholder in Waterotor, Stephen Smith specializes in corporate finance, tax planning, and structuring tax-efficient investment vehicles. A graduate of the Sprott School of Business at Carleton University, he has spent 16 years as a corporate accountant for multimillion-dollar companies in land development, retirement homes, and agriculture. He has extensive experience in financial reporting, budgeting, and investment planning, working closely with corporate banks, legal advisors, and auditors at BDO Canada.
CFO
David Laird spent more than 16 years as a senior advisor for corporate finance and M&A transactions at PricewaterhouseCoopers, specializing in high-value deals and financial strategy. With 20 years as a finance and operations executive in tech and aerospace industries, he brings extensive leadership experience in scaling innovative technologies. At Waterotor, he supports governance and strategic financial planning, ensuring the company’s growth and market positioning.
Vice President
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Chief Engineer
Tom Wolstenholme is a multidisciplinary mechanical systems application consulting engineer with the majority of his projects exploiting his aptitude for specialized science applications. He has considerable experience with both mechanical systems applications engineering and low-pressure gas systems pressurization, this latter skill of particular value in his work with Fred and Tony since 1996 for lighter-than air (LTA) technologies.
Achievements
Key Milestones That Define Our Success
Waterotor’s commitment to innovation has resulted in patented technology that sets us apart from other renewable energy companies. We’ve achieved a groundbreaking 60% efficiency in energy capture at water speeds as low as 2 mph, validated by rigorous testing. Our first successful deployment with the Canadian Navy marked a significant milestone in our journey. With a portfolio of patents and other successful deployments, Waterotor continues to lead in hydroelectric energy advancements.
Recognition and Awards
Global Recognition for Excellence in Renewable Energy
Waterotor’s groundbreaking technology has been recognized globally for its innovative approach to hydrokinetic energy. Our work has received accolades for its groundbreaking efficiency and ability to address energy accessibility in remote and underserved regions.
Awards Won
Foresight 50 – Canada’s 50 Most Investible Cleantech Ventures (2023)
Industry Recognition
Featured by the US Patent Office as a revolutionary new era in energy capture.
Partnerships
Collaborating for a Greener Future
Waterotor works with leading organizations and institutions to accelerate the adoption of renewable energy solutions. From testing partnerships with the Marine Institute to collaborative deployments with the Canadian Navy, our partnerships ensure the scalability, reliability, and global impact of our hydroelectric energy solutions.
Lockheed Martin
Lockheed Martin is collaborating on advanced deployment strategies.
Canadian Navy
The Canadian Navy is deploying Waterotor units for critical power solutions.
Global Partnerships
We are expanding renewable energy infrastructure with global utilities in Poland and Brazil.
Sustainability
Sustainability at the Core of What We Do
At Waterotor, we prioritize sustainability in every aspect of our operations. Our innovative renewable energy technology not only harnesses power from flowing water but also protects the environment.
Zero Harm to Aquatic Ecosystems
Our hydroelectric technology ensures minimal disruption to marine life, preserving biodiversity.
Reducing Reliance on Fossil Fuels
By generating clean energy from water, we significantly decrease dependence on fossil fuels.
Contributing to Global ESG Goals
Our commitment to sustainability aligns with global Environmental, Social, and Governance objectives.
Positive Impact on Carbon Metrics
Our solutions have the potential to reduce carbon emissions by up to 50% in targeted regions.
