Located in Potsdam, NY, LC Drives was founded in 2012 to pursue the development of innovative electric motors and generators with industry leading power density. LC Drives has developed electric motors that are half the size of the current best in the world. Target markets include marine propulsion, traction, wind generation, and opportunistic industrial. LC Drives products are smaller, lighter, and lower inertia than anything available. This year, LC Drives closed a $15 million Series A financing round with Koch Engineered Solutions, a unit of Koch Industries.