St. John's, NL. March 1st, 2016. Solace Power, developer of leading edge wireless power technology announces that it has been recognized as a top innovative technology company by Sikorsky Innovations, a Lockheed Martin Company. As the winner of the Sikorsky Entrepreneurship Challenge, Solace Power has been awarded a monetary prize, and the opportunity to jointly explore the impact of RC² technology on Sikorsky’s product line.
Solace graduated from the Genesis Centre in June 2013. The company is now headquartered in Mount Pearl, NL.
“The Sikorsky Entrepreneurial Challenge was a fantastic opportunity for Solace Power to showcase its unique wireless power technology, and earn validation from one of the world’s most innovative companies.” said Neil Chaulk, Vice President of Business Development. “We are looking forward to working with Sikorsky to develop leading edge technology in the aerospace and defense market.”
Solace's technology allows companies in the aerospace/defense, automotive, industrial and consumer electronics markets to eliminate the need for cables and connectors in many applications. Companies can take advantage of Solace’s spatial freedom and flexible integration capabilities to reduce manufacturing/maintenance costs, reduce cabling weight, and improve overall application design for the next generation of products.
“The Entrepreneurial Challenge, from an industry perspective, is truly a one-of-kind gateway, where disruptive ideas can quickly gain exposure and a customer base within one of the most exciting transportation verticals globally,” said Chris Van Buiten, Vice President of Sikorsky Innovations. “We look forward to exploring the applications of the exciting Solace Power technology.”
The Sikorsky Entrepreneurial Challenge has been designed to accelerate innovators and disruptive technology concepts with applications in the vertical flight market.
The full press release can be viewed here.