Dr. Y. H. Michael Pao -- Chairman & CEO

Dr. Pao is the founder, Chairman and CEO of Floating Windfarms Corporation, and a Member of National Academic of Engineering USA. He is a US citizen and a native of Dongtai, Jiangsu, China.


Innovations: Dr. Pao led the efforts that have developed and commercialized five new technologies into modern industrial tools:

 

He has led the efforts that have developed and commercialized the ultra high-pressure waterjet into modern tools for industrial cutting, drilling, and milling, and created three new industries: waterjet machining industry; trenchless industry; and waterjet surface preparation industry. [See Video, “Waterjet: A Modern Tool for Industrial Cutting, Drilling, and Milling,” broadcasted nationwide by FOX Cable News Channel, on July 20, 2001, in its Champions of Industries Program.]

He was elected a Member of National Academy of Engineering USA, for his research, development, and commercialization of ultra high-pressure waterjet into modern industrial tools for waterjet machining, tunnel boring, and surface preparation.

He has led the efforts at FloWind Corporation that have, jointly with the Sandia National Labs, developed and commercialized the medium-sized vertical axis wind turbines (VAWTs), and installed and operated more than 500 units of VAWTs in two VAWT windfarms in California [See Video: FloWind 1985]. The 19m VAWTs (300 kW), among wind turbines, had the lowest installed cost/kW, and the lowest cost/kWh of electricity at the time. FloWind, jointly with Sandia, received the Top National Award for Energy Innovation in 1984, from the US Dept of Energy. Many of the VAWTs operated for more than 20 years in two windfarms in CA, the longest running first generation windfarms.


He was cited by the French Journal ‘Industries et Techniques’ in 1998, as one of the world’s 100 important innovators for the past 40 years.

 

Three Public Companies: He has taken three of his companies public, served as their CEOs, and listed them on NASDAQ National Market (see Exhibit 1). One of the companies, Flow International Corporation (NASDAQ: FLOW), was the 3rd best performing IPO in 1983 nationwide, according to the Barron’s.



Waterjet Technology: Dr. Pao served as their CEOs and led the efforts at Flow Industries, Inc. and Flow International Corporation (NASDAQ: FLOW) that developed and commercialized the ultrahigh-pressure waterjet and abrasivejet technology for industrial cutting, drilling, and milling, and created the waterjet machining industry. (Click here for a waterjet video, 'Waterjet: A Modern Tool for Industrial Cutting, Drilling, and Milling,' which was broadcasted nationwide by FOX Cable News on July 20, 2001).


Trenchless Technology:
Dr. Pao served as its CEO and led the efforts at FlowMole Corporation (NASDAQ: MOLE) that developed and commercialized the horizontal directional jet-drilling technology for the trenchless installation of underground cables and pipes, and ushered in the modern trenchless industry. (See http://www.enhancementlp.com/media.htm for a video on horizontal directional drilling using rotating waterjets)


Wind Turbine Technology:
Dr. Pao served as its CEO and led the efforts at FloWind Corporation that developed and commercialized the vertical axis wind turbine technology for electricity generation, jointly with Sandia National Lab (see above).

Dr. Pao has formed six technology-based companies in the U. S. (see Exhibit-1), served as their CEOs and led the efforts to develop their technologies, built up their management teams, and listed three of the companies on NASDAQ National Market: Flow International Corporation (Symbol: FLOW); ADMAC, Inc. (ADMC) - acquired; and FlowMole Corporation (MOLE) ?acquired. FLOW was the 3rd best performing IPO in 1983, according to Barron.


Producing low-cost ‘green’ electricity and fresh water with zero carbon emission. He has come out of retirement to lead the efforts at Floating Windfarms Corporation, a Texas corporation, to develop cost-effective floating and non-floating offshore VAWT windfarms for converting offshore wind to low-cost ‘green’ electricity, at a cost/kWh much below the cost/kWh of coal electricity. Low-cost ‘green’ electricity from offshore wind can be fed directly to reverse-osmosis desalination plants for producing low-cost fresh water with zero carbon emission. The project has been selected as a <China-US EcoPartnership>, under the <China-US Ten-Year Energy and Environment Cooperation Frame Work> (see Fig 1). As such, combined with the development of large-scale, pumped-hydros electric power stations, strong offshore wind can supply more than 50% of the electricity demand of the power grids; and can replace fossil fuels to become the principle source of energy for electricity generation.


 

© 2009 Floating Windfarms, Corp., All Rights Reserved

Floating Windfarms and the Floating Windfarm logo are registered trademarks of Floating WIndfarms Corporation