Richard Sutz – Founder & CEO

Funding History of the Original Mark 10

Richard K. Sutz brings more than 30 years of experience in the research, development and manufacture of renewable energy technologies. He is an internationally acknowledged expert in the development of multiblade wind machines for water pumping (windmills) and electrical generation (wind turbines.)

Sutz’s wind machines are the result of more than $5 million of R&D. His Water Pumping windmill pumps more water, at any wind speed, from any depth to water, at a lower cost than any other windmill in the world. His wind turbine generates utility-grade power in wind speeds beginning at 5 MPH, at a lower cost per KWH than any other turbine in the world.

General wind turbines require minimum wind speeds of 15 MPH (24 KPH) to operate cost effectively. Wind speeds of 15 MPH only occur over about 10% of the earth’s land surface. Wind speeds of 10 mph (16 KPH); where Sutz’s wind machines operate cost effectively, occur over about 90% of the earth’s surface. Sutz’s patent pending wind turbine technology permits cost effective use of areas that previously were thought to have insufficient wind speeds for the use of any type of wind machines.

His background and experience span executive roles in both the private and public sector.

Sutz served as the Assistant Director for Europe and the Middle East for Grumman Aircraft where he was responsible for marketing military aircraft. After Europe he served as Deputy Director of the Arizona Energy Office, with joint responsibility for Arizona Energy Conservation Programs. He then joined the U.S. Department of Energy (DOE) as Director of the Energy Related Inventions Program. He left DOE to form a company to develop a new class of wind machines that pump water (windmills) and generate power (wind turbines) in wind speeds beginning at 5 MPH.

Serving in the U.S. Navy, he invented a new valve for fighter pilot's oxygen breathing systems that prevented fatal accidents caused by hypoxia (lack of oxygen at high attitudes). In the U.S. Navy Bureau of Aeronautics he was the Project Officer for the first American installation of the Martin-Baker rocket powered ejection seat; enabling pilots to eject from the runway on landing or takeoff. For his efforts, he was awarded a Letter of Commendation from the Chief of Naval Operations.

Mr. Sutz has a Bachelor of Science degree in Metallurgical Engineering from the Illinois Institute of Technology and a graduate degree in International business from IMD, Lausanne, Switzerland.