New Technology Incubator Tenant: Marine Oil Technology
How about a car or truck that needs an oil change once a year or less? Alex Weil says he can make it happen. Weil is president and majority owner of Marine Oil Technology (MOT), a startup manufacturer that recently opened its doors at PortTechLA’s downtown San Pedro headquarters. The company makes an aftermarket oil filtration device that it claims reduces the need for oil changes by 90 percent. That means, for example, truckers who might change their oil monthly could perhaps go a year or more without one. “We could save millions of gallons of oil per year,” said Weil, a retired aerospace engineer who’s been developing the technology since 1999. “Basically it would improve fuel efficiency and lower pollution.” Click here to read more about saving oil.