Liberty Access Technologies
Access Control Innovators
Santa Barbara, CA
Health Tech
Software & Services
Liberty makes electric vehicle charging systems specifically for workplaces, schools and the new generation of electric school buses and delivery vans. Our HYDRA-RX AC Fast Charger Controller produces quick charging times at a fraction of the cost of DC Fast Chargers, enabling schools to convert more quickly to electric buses. Liberty already has an established customer base of major corporations, government agencies and municipalities, now we're poised to dominate the electric school bus charging market!
$1,640,559
raised
2,077
Investors
$19.2M
Valuation
$0.40
Price per Share
$300.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.82M
Offering Max
0
Days Left
This offering ended on October 28, 2021 and is no longer accepting investments.
Reasons to Invest
Our Unique Product: Our patented HYDRA-RX is the only charger controller on the market that can work with maximum output AC chargers for electric vans and buses at one-tenth of the cost of a typical DC Fast Charger.
Our Traction: The HYDRA-RX was recently selected by California’s largest utility for a pilot program using ultra-low cost excess solar power to charge school buses, giving Liberty “first mover” status with school districts and state agencies funding diesel school bus replacement.
Our Pace Ahead of the Competition: Almost all other EV charging companies are focused on public charging and offer only standard output AC chargers or expensive DC fast chargers. Liberty has been demonstrating the advantages of AC Fast Chargers (ACFC) to school districts and electric bus companies for nearly one year.
Overview
Liberty - A Different Kind Of Charging Company
When we introduced our first product in 2010, we understood that 80% of EV charging happens where vehicles are parked for several hours. For that reason, we elected to focus on creating charging solutions for workplaces, schools, apartments and condos. Over the past 4 years, our HYDRA™ EV Charger Controller has been selected by large utilities, corporations, universities, municipalities and condo associations to provide charging services to their employees, tenants, visitors, and guests. There are nearly 354 HYDRA systems operating in the US and Canada controlling about 1648 daily charging sessions (source, source).
EV car sales are accelerating and are forecasted to exceed gasoline-powered cars over the next 20 years, according to Bloomberg New Energy Finance (source). The focus has now shifted to the medium duty vans and buses that account for 30% of transportation sector greenhouse gas emissions (source). Electrifying these vehicles is essential and nowhere is this more urgent than school buses that today are 95% diesel powered. Whether riding the bus or playing near them, children are exposed to high levels of diesel exhaust that contributes to respiratory illnesses and is internationally recognized as a carcinogen (source). Liberty is poised to play a pivotal role in the important and necessary transition to electric buses.
Meet the HYDRA
Our patented HYDRA-R EV Charger Controller is a smart gateway that combines access control, metering, reporting, and load management capabilities in one device. A single HYDRA Controller can turn 10 low cost, basic chargers into networked “smart” chargers that are less expensive, more reliable, and more secure than those offered by other EV charging companies. Unlike typical network chargers and simple gateways, the Hydra’s powerful single-board computer enables it to continue operating in the event of loss of internet or cellular connections, a vital concern for fleet operators.
HYDRA-R Controller, Code Keypad and EV Chargers
HYDRA can control both AC Fast Chargers and normal Level 2 chargers in any combination, giving owners the flexibility to meet unexpected demands. HYDRA owners and administrators are able to control all aspects of their charging operations from their HYDRA Dashboard. Operators are able to create and issue personal identification numbers (PINs) for employees and tenants, set system output limits to avoid costly peak demand charges and generate usage reports to claim Low Carbon Fuel Standard (LCFS) Credits. All of this for network service fees that are far less than those of competing network operators.
Why HYDRA is in a league of its own
- Faster AC Charge Times: Based on our research, the HYDRA is the only EV charging control system to offer AC Fast Charging with 19.2kW output, which provides the best value when charging electric school buses and medium duty electric trucks. Our product cost is a fraction of that of DC Fast Chargers.
- Greater Security: The WiFi network chargers used by our competitors can be hacked, so customers requiring a high level of security appreciate the extra level of security provided by the HYDRA.
- Cost Saving Load Management: When you charge your EVs can be more important than how much electricity you use. Utilities put higher prices on electricity consumed during periods of high demand like cold winter mornings and hot summer evenings. Our load management features help customers avoid these demand charges by scheduling charging when power is less expensive or produced from more renewable sources like solar and wind. This enables our customers to manage their carbon emissions along with their costs.
HYDRA Benefits Business and Property Owners
Access Control
The Hydra allows business owners to control who can access their chargers, often with the same HID prox card or fob that is already used for their parking gates or security doors. Alternatively, drivers can start their charging session using PINs via the Hydra’s keypad, remotely through our website, or with our HYDRA smartphone app.
Mixed Public/Private Use
For HYDRA owners who want to allow the general public to use their charging stations, Liberty's HYDRA app allows drivers to purchase charging sessions with their phone using Liberty’s optional PayByMobile billing service.
Billing Services
Business owners and property managers use access control and pricing to help defray their costs and to ensure their stations are available to employees and tenants. Liberty offers two optional billing programs: DIY Billing, where owners run simple usage reports and bill drivers themselves or Direct Billing, where Liberty bills tenants or employees on the business owners' behalf.
Our Traction
Our customers In the Electric Vehicle Market
Currently, hundreds of HYDRA systems are in operation across the U.S. and Canada, powering some of the largest employee charging networks in the country such as Los Angeles County, San Diego Gas & Electric, Arizona Public Services, and Bristol-Myers Squibb. We also have systems installed at major corporations like Unilever, Campbell's Soup, and Dow Jones, along with several educational institutions such as the University of California Los Angeles, California State University, Stevens Institute of Technology, Rider University, and the College of New Jersey.
Cushman and Wakefield, one of the largest commercial real estate operators in the world, selected our HYDRA system so their employees and tenants can use the same HID prox card they use to access parking and buildings to charge their electric vehicles. Now Liberty is working with electric bus makers Lion Electric and Blue Bird to offer HYDRA-RX to their customers. Every fleet that purchases electric buses and trucks will need to install charging systems and the HYDRA-RX is becoming the "go-to" charging system for this market.
Market Opportunity
As reported in the Washington Post, environmental and health organizations from around the country are calling on school districts to replace "dirty diesel" buses with electric ones and California is leading the way (source). The California Energy Commission recently allocated $70 million for their Electric School Bus Replacement program and another $13 million for charging infrastructure to districts across the state (source). To support this conversion, the California Public Utilities Commission has directed California’s three largest utilities to create programs that pay for up to 70% of charging system installation costs (source).The combined funding has California schools dramatically accelerating their fleet conversion timetables.
School bus carriers operate the largest mass transit fleet in the country... 480,000 school buses compared to 96,000 transit buses.
The Vision
Our Future
Since our inception in 2009, Liberty has been envisioning and working toward a future of clean electric transportation. Over the years we have built up a strong patent portfolio in EV charging and access control technology.
We believe EV charging demand is rapidly growing as prices of electric vehicles continue to drop and sales expand into the mass market. Rapid expansion of electric buses and fleets is our next big push. With our patented Hydra system providing a more robust and cost effective charging solution, Liberty finds itself poised to become a major player in this fast growing market.
In order to best capitalize on this opportunity, we are expanding our ownership, from the small group of angel investors that have supported us from the beginning, to new investors via the StartEngine crowdfunding platform.
We are developing targeted sales and marketing campaigns with the EV vehicle makers and their dealers to drive awareness of the role that the charging system plays in maximizing the operational performance and cost savings of electric vehicles. We are also working closely with major utilities who are subsidizing the creation of more fleet charging infrastructure at the direction of their state utility commissions. As the EV fleet conversion movement expands across the country Liberty intends to be at the forefront.
Liberty continues to be an access control innovator. We have recently formed a subsidiary called Liberty Health Technologies, Inc., and are developing unique products, the first focused on skin temperature screening as part of a secure Access Control system. The first product is “myTempie™”, a smartphone application that captures your forehead skin temperature at the same time it takes an authenticated selfie. In a related announcement, we are building on our existing relationship with a leading turnstile and keycard access company in the world to help businesses and consumers adapt to the new COVID-19 requirements.
The funds raised on StartEngine will help us to advance our marketing program for EV school bus chargers. We will also want to add to our operations team to help manage our growing number of deployments and increase our manufacturing capabilities to keep up with demand.
With our expected growth from these new markets and our already growing network of installed chargers providing a recurring revenue stream from existing customers, we believe Liberty is well positioned to either become a public company and thus provide our investors with liquidity, or be acquired as the EV charging industry continues to consolidate.
Quick Insert
Offering Summary
Company | : | Liberty PlugIns, Inc. |
Corporate Address | : | 1482 East Valley Rd, Ste 329, Santa Barbara, CA 93108 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,820,000.00 |
Minimum Investment Amount(per investor) | : | $300.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 25,000 |
Maximum Number of Shares Offered | : | 2,675,000 |
Price per Share | : | $0.40 |
Pre-Money Valuation | : | $19,201,088.00 |
We plan to offer the following perks in bonus shares:
Invest $1,000 within the first six weeks and receive 10% bonus.
Invest $2,000 within the first six weeks and receive 15% bonus.
Invest $5,000 within the first six weeks and receive 25% bonus.
Invest $10,000 within the first six weeks and receive 30% bonus.
Invest $25,000 within the first six weeks and receive 40% bonus.
Invest $50,000 within the first six weeks and receive 50% bonus.
Invest $100,000 within the first six weeks and receive 60% bonus.
______________________________________________
Invest $1,000 after first six weeks and receive 5% bonus.
Invest $2,000 after first six weeks and receive 10% bonus.
Invest $5,000 after first six weeks and receive 20% bonus.
Invest $10,000 after first six weeks and receive 25% bonus.
Invest $25,000 after the six weeks and receive 30% bonus.
Invest $50,000 after the six weeks and receive 40% bonus.
Invest $100,000 after the first six weeks and receive 50% bonus.
_______________________________________________
Of the 48,002,720 total fully diluted shares, 6,275,000 are unconverted options, and 6,846,173 are unconverted warrants.
*All perks occur after the offering is completed.”
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$618,590.00
USD
$347,694.00
USD
Cash And Cash Equivalents
$188,238.00
USD
$31,490.00
USD
Accounts Receivable
$158,455.00
USD
$127,413.00
USD
Short Term Debt
$301,127.00
USD
$275,618.00
USD
Long Term Debt
$13,067.00
USD
$0.00
USD
Revenues And Sales
$875,991.00
USD
$840,951.00
USD
Costs Of Goods Sold
$564,196.00
USD
$381,849.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$601,374.00
USD
-$283,918.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
Liberty Confirms Order of HYDRAs and Numerous Level-2 EV Chargers to Arizona Public Service Company
8 hours ago
Liberty Access Technologies supplies third delivery of HYDRA control units and level-2 chargers to Arizona Public Service Company
Santa Barbara, CA - December 3, 2021: This order to APS will include 5 HYDRA-R control units, Payson SVC Employee EV Charging, Wickenburg SVC Employee EV Charging, Flagstaff SVC Fleet EV Charging, and the Ocotillo SVC Fleet EV Charging. Back in August, Liberty provided APS 2 HYDRA-R10 control units and Clipper Creek chargers. APS is the largest electric utility in Arizona, and the principal subsidiary of publicly traded S&P 500 member Pinnacle West Capital Corporation, which had been formerly named AZP Group.
Chris Outwater, CEO of Liberty said, “Liberty is pleased to supply our Hydra systems to APS as they continue to rapidly expand their employee EV charging program on various campuses.”
Key features of Liberty solutions are:
Software or hardware-based centralized monitoring and control of multiple numbers and types of chargers, including level 2 chargers, as well as high amp AC fast chargers and DC fast chargers
Integrated with HID Global access control systems – the largest installed base of access control sites at a broad range of venues, such as workplaces, apartments, hospitals, and airports
Ability to optimize costs and minimize carbon usage. California customers can participate in our Low Carbon Fuel Standard (LCFS) credit “co-op”
NEW solar-powered stand-alone product coming soon
About Liberty Access Technologies
Liberty specializes in access control systems for electric vehicle charging in the parking industry,
EV fleets, offices, universities, and multi-tenant dwellings. LIBERTY’s patented Synchronous Code Generation technology enables secure charging without expensive networks, and the Hydra Multi EVSE Control system enables cost-effective large-scale EV charging solutions for workplace and multi-tenant dwellings. Our mission is to use our patented technology to enable our customers to control costs and carbon emissions via our "grid-aware" and “carbon-friendly” technology.
Find out more at www.libertyaccesstechnologies.com or invest in Liberty here.
Only a Few Hours Left!
about 1 month ago
Liberty's Raise Closes Tonight! - Last Call to Invest!
As Liberty's campaign draws near the finish line we want to thank all of you who have invested in Liberty in order to help us reach our goal. We value your commitment to our company and will stand by that goal to provide EV charging systems for cars, buses and vans across the nation and around the world. For those who have yet to invest in Liberty's raise, your window of opportunity is closing in the next few hours. Invest in the future or get left in the past.
Final Day to Invest!
about 1 month ago
Liberty's Raise closes Tonight! - Invest Now!
These are the hours that you can be a part of the future and help us make a lasting change towards transportation electrification. The window of opportunity is closing fast! Invest in the future or get left in the past.
Less Than 48 Hours Left!
about 1 month ago
Liberty Access Technologies raise closes in less than 48 Hours! - Invest Now!
Help Liberty reach its goal of providing EV charging systems for cars, buses and vans across the nation and around the globe. These are the final days that you can be a part of the future and help us make a lasting change towards transportation electrification. The window of opportunity is closing fast! Invest in the future or get left in the past.
2 Days Left to Invest in Liberty Access Technologies!
about 1 month ago
Liberty's Raise Closes at Midnight on Wednesday 10/27.
These are the final days that you can be a part of the future and help us make a lasting change towards transportation electrification. The window of opportunity is closing fast! Invest in the future or get left in the past.
Liberty EV Charging Solutions to be Used in mPhase Technologies’ Nationwide EV Charging Rollout
about 1 month ago
Liberty's Raise closes on 10/27! - Invest now before its too late!
Santa Barbara, CA - October 23, 2021: Liberty Access Technologies is continuing to expand the distribution of its innovative charging systems by working with mPhase Technologies as they build out their mPower network across the country. Liberty will be the preferred provider of mPhase Technologies’ level 2 chargers that require a hardware based multi charger control systems to thousands of retail locations throughout the U.S. mPhase is building the world’s first personalized interconnected AI ecosystem of EV charging, 5G connectivity, and consumer engagement to empower the way people shop, dine, fuel, and interact to create a richer life experience. mPhase’s mPower consumer engagement platform will also be the preferred provider of consumer engagement solutions to Liberty’s customers, giving both companies access to their respective, rapidly-growing customer networks.
Chris Outwater, CEO of Liberty said, “Liberty is excited to become the preferred provider of some key technology for the mPhase, mPower network. We look forward to helping mPhase implement their novel strategy to use EV charging, data analytics, and adaptive AI to drive business to retail locations. We are particularly pleased to become a trusted technology partner in this innovative approach to EV charging as it begins its nationwide roll-out.”
Anshu Bhatnagar, CEO of mPhase Technologies, added, “By utilizing Liberty-Enabled charging solutions, our mPower EV brand can offer our customers full functioned network charging at a truly affordable price. This is a key part of our plan to build the first inter-connected ecosystem of EV charging, connectivity, and consumer engagement. We look forward to working with Liberty and believe that our collaboration will greatly enhance the growth of both of our customer networks.”
Liberty’s systems are being used by major organizations across the country, including Bristol Meyers Squibb, Cushman and Wakefield, Pacific Gas and Electric, San Diego Gas and Electric, the Arizona Public Service, as well as several large school districts and multi-tenant residences across the country. Our mission is to use our patented technology to enable our customers to control costs and carbon emissions via our "grid-aware" and “carbon-friendly” technology.
Key features of our solutions are:
- Software or hardware-based centralized monitoring and control of multiple numbers and types of chargers, including level 2 chargers, as well as high amp AC fast chargers and DC fast chargers
- Integrated with HID Global access control systems – the largest installed base of access control sites at a broad range of venues, such as workplaces, apartments, hospitals, and airports
- Ability to optimize costs and minimize carbon usage. California customers can participate in our Low Carbon Fuel Standard (LCFS) credit “co-op”
- NEW solar-powered stand-alone product coming soon
About mPhase Technologies, Inc.
mPhase is an emerging EV-centric technology company focused on consumer engagement using data analytics and artificial intelligence to create a monetizable link between consumers and retailers at opportunistic times and places. The Company is currently building a connected ecosystem of EV charging, 5G internet connectivity and software solutions that optimize consumer engagement within the framework of a SaaS/TaaS model. Branded under the mPower name, this ecosystem will empower the way people shop, dine, fuel and interact with the world to create a richer life experience. The mPower ecosystem is tailored to each individual’s tastes and needs, with particular emphasis on empowering tomorrow’s green consumer. mPhase also has data driven business units generating recurring revenue outside of its consumer ecosystem, in addition to legacy nanobattery technology and a related patent portfolio that are slated for future development. Additional information can be found at the mPhase website, www.mphasetech.com; and at www.learningtrack.com. Please follow us on twitter: @mPhase_Tech for the latest updates.
About Liberty Access Technologies
Liberty specializes in access control systems for electric vehicle charging in the parking industry, EV fleets, offices, universities, and multi-tenant dwellings. LIBERTY’s patented Synchronous Code Generation technology enables secure charging without expensive networks, and the Hydra Multi EVSE Control system enables cost-effective large-scale EV charging solutions for workplace and multi-tenant dwellings. Our mission is to use our patented technology to enable our customers to control access, costs, and carbon emissions via our "grid-aware" technology.
Find out more at www.libertyaccesstechnologies.com or invest in Liberty here.
Liberty's Raise Closes in 5 Days!
about 1 month ago
Liberty Access Technologies raise closes next Wednesday 10/27!
Help Liberty reach its goal of providing EV charging systems for cars, buses and vans across the nation and around the globe. These are the final days that you can be a part of the future and help us make a lasting change towards transportation electrification. The window of opportunity is closing fast! Invest in the future or get left in the past.
Less Than 10 Days Left to Invest!
about 2 months ago
Liberty Access Technologies Raise is Closing on 10/27! - Liberty has big plans in the coming months and we want YOU to be a part of them.
These are the final days that you can be a part of the future and help us make a lasting change towards transportation electrification. The window of opportunity is closing fast! Invest in the future or get left in the past.
Liberty Selected as Channel Partner for Rich Energy Solutions
about 2 months ago
Identifying a new potential revenue stream - Only 13 days left to invest in Liberty Access Technologies!
Liberty Access Technologies (Liberty) has plans of a Partnership with Rich Energy Solutions LLC (RES)
Santa Barbara, CA - October 14, 2021: Liberty Access Technologies has been selected as a channel partner by Rich Energy Solutions Company (RES). Liberty would be the preferred provider for RES to offer EV charging solutions to their customers. RES is an industry leading energy conservatorship company owned by David Rich whose family has been in the mechanical business for over 100 years.
John Grillo at Rich Energy Solutions said, "Our main goal at RES is to save our clients’ money through energy conservation. We are excited to be able to offer Liberty’s innovative and affordable EV charging solutions to our customers across the nation.”
Chris Outwater, CEO of Liberty, said, “We are pleased to be a channel partner for Rich Energy Solutions. Our Hydra EV charging systems are the perfect fit for Rich Energy’s mission to help their customers save money while protecting the environment.”
Liberty’s Hydra Systems are unique, patented, EV controllers that affordably connect up to ten low-cost basic chargers and give them smart charger capabilities, including access control, metering, data recording, and network communications. This provides the ability to remotely monitor and control charging as well as load-balancing and data collection for “carbon credits” in states that have instituted such programs.
Liberty’s systems are being used by organizations across the country, including Bristol Meyers Squibb, Cushman and Wakefield, Pacific Gas and Electric, San Diego Gas and Electric, the Arizona Public Service, and several large school districts and multi-tenant residences across the country. Our mission is to use our patented technology to enable our customers to control costs and carbon emissions via our "grid-aware" and “carbon-friendly” technology.
Key features of our solutions are:
Software or hardware-based centralized monitoring and control of multiple numbers and types of chargers
Integrated with HID Global access control systems – the largest installed base of access control sites at a broad range of venues, such as workplaces, apartments, hospitals, and airports
Ability to optimize costs and minimize carbon usage. California customers can participate in our Low Carbon Fuel Standard (LCFS) credit “co-op”
NEW solar-powered stand-alone product “solEV”
About Rich Energy Solutions
Rich Energy is one of the leading energy conservation solution companies in the United States. They are a full-service provider offering a turn-key solution for its customers. The company’s infrastructure is uniquely designed to facilitate the entire process from start to finish. The company’s mission is simple: to reduce its customers' overall energy consumption and expense through a whole-building holistic approach.
Find out more about Rich Energy Solutions here.
About Liberty Access Technologies
Liberty specializes in access control systems for electric vehicle charging in the parking industry, fleet EV, and multi-tenant dwellings. LIBERTY’s patented Synchronous Code Generation technology enables secure charging without expensive networks, and the Hydra Multi EVSE Control system enables cost-effective large-scale EV charging solutions for workplace and multi-tenant. Our mission is to use our patented technology to enable our customers to control access, costs, and carbon emissions via our "grid-aware" technology.
Find out more at www.libertyaccesstechnologies.com or invest in Liberty here.
Only 15 Days Left!
about 2 months ago
Liberty Access Technology's Raise is Closing on 10/27!
Now is the time if you thought about investing! Liberty has big plans in the coming months and we want YOU to be a part of them. Stay up to date with our updates to see how Liberty's plans will align with our mission to provide EV charging systems for cars, buses and vans across the nation and around the globe.
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