On October 7, 2019, Hiromichi Aoki, 3DOM’s Advisor, was appointed as a Director of LAVLE Holdings, Inc., an important majority owned joint venture company of 3DOM.
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3DOM (SINGAPORE) PTE. LTD. was established on 25 July 2019 with the purpose of conducting 3DOM Inc.’s business development, deployment and management of businesses in Southeast Asia and South Asia Regions, overall finance operations and fund-raising for propelling businesses of 3DOM Inc.
The new members of the board are elected as of March 27, 2019.
Social Mobility, Inc.
3DOM has agreed with Yamada Denki Co., Ltd. (“Yamada Denki”) to form a business alliance for such businesses including the domestic leasing of electric vehicles and establishing of a joint venture company, Social Mobility Inc. (“SMI”), which will be headquartered in Tokyo. SMI is expected to be established on December 25, 2018, with a 50:50 investment ratio between Yamada Denki and 3DOM.
Both Yamada Denki and 3DOM have agreed that Takeshi Nagano, Managing Director of Sharaku Partners Co., Ltd. (headquartered in Minato-ku, Tokyo, President: Yoshiaki Kita), who has offered advisory services from the assessment stage of establishing this joint venture to its imminent establishment, will assume the position of the Representative of the joint venture.
With advanced battery technology at its core, 3DOM strives to resolve energy issues and build sustainable societies by researching, developing, and designing next-generation batteries, and by deploying on a global scale business models that utilize such technologies. 3DOM has already established a subsidiary in the U.S. with the objective of deploying businesses of electrifying marine vessels in North America. By establishing a joint venture with Yamada Denki, 3DOM strives to expand into the automotive segment.
On December 8, 2018, LAVLE USA, Inc. announced the establishment of the Marine Electric Propulsion Simulation (MEPS) Laboratory In Newport News, VA, in collaboration with Old Dominion University. MEPS Lab will house state-of-the-art equipment to develop marine electric propulsion, advanced energy storage, autonomous systems and associated technologies to advance marine vessels for military and commercial applications.
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On October 17, 2018, LAVLE USA, Inc., a wholly-owned subsidiary of LAVLE Holdings, Inc. (Headquarters in Anacortes, Washington, U.S.) which is our joint venture company in the U.S. issued a press release titled “Joint Venture LAVLE announces establishment of headquarters and capitalization to accelerate electrification of marine vessels”. Get the text of announcement.
This press release has been covered by a great many number of newspapers in the U.S. etc., and U.S. government officials have commented through Twitter and other media.
At the Company’s Board of Directors meeting held on September 27, 2018, the Representative Director and President Shusuke Oguro presented a proposal to resign as the Representative Director and President and to newly appoint Masataka Matsumura as the succeeding Representative Director and President. The proposal was unanimously approved excluding the Directors with special interests. As of the even date, Masataka Matsumura assumed the position of the Representative Director and President of the Company. Shusuke Oguro continues to serve the Company as a Director without the Representative capacity.
Web site has been renewed.