[SPN-Discussion] NY Funders breakfast April 9: Widetronix and its 25 year, low-power battery. Call-in available
Gelvin Stevenson
gstevenson4 at nyc.rr.com
Tue Mar 30 10:06:24 EDT 2010
Greetings,
They're back!
We're pleased that Widetronix, the company that had to cancel in
February because of the weather, will our guest on Friday April 9 at our
typical venue (details below).
Commercializing a technology out of Cornell University,
Widetronix designs and builds low power, long life batteries for
microelectronics. This is an innovative class of battery, based on
betavoltaics, which produces very, very small electrical currents for over
25 years.
Similar to photovoltaics, these devices collect electrons and turn them into
a current. However, betavoltaics get their electrons from decaying isotopes
using a proprietary silicon carbide diode in a small semiconductor package.
Betavoltaics are uniquely capable of providing continuous power for ultra
low power requiring a small footprint and/or long lifetimes (>25 years).
Customers have validated that chemical batteries cannot offer such energy
density and lifetime cost effectively.
The company has identified over $2B in addressable US market potential in
the defense and medical industries for Ultra Low Power applications. Market
entry is focused on customers in the Department of Defense seeking
low-power, long-life batteries for anti-tamper applications. Growth is
focused on applications in the medical sector powering MEMS-based implants
and telemedicine applications, anticipated for introduction in 3 to 5 years.
Widetronix is currently developing a prototype battery to service this
market in collaboration with a major medical implant company.
As Jonathan Green, CEO, will explain, Widetronix is a privately held
C-corporation formed in 2003. Management has raised over $3M in grants and a
$250K seed investment round from Drapher Fisher Jurvetson and DFJ Gotham
Ventures. The company is increasing its product development, moving into a
manufacturing facility, and expanding the management team.
Please register at www.ceepinc.org. Note that we now offer call-ins. Once
you have registered, and pay the $25 fee, we will send you the number and,
before the meeting, a copy of the presentation slides.
Call-ins are now available. After you have registered (also at
www.ceepinc.org and before 5pm on Wednesday, please), we will send you the
phone number and, when available, the presentation slides. There is a $20
fee.
Please contact me with any questions.
Regards,
Gelvin
PS Venue: 8:00am (presentation begins at 8:30am) at Dickstein Shapiro, LP,
1633 Broadway, 32nd floor, btwn 50th & 51st streets
Gelvin Stevenson, Ph.D.
Program Director
Center for Economic and Environmental Partnership, Inc.
212-222-4369
917-599-6089
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