The New York State Energy Research and Development Authority (NYSERDA) has awarded $1,200,000 to MicroGen Systems, Inc., to commercialize its proprietary technology.
The company is matching NYSERDA's investment, with already acquired outside investment, a round which is still in progress, and investment from founders and management. MicroGen specializes in MicroElectroMechanical Systems (MEMS) based vibrational energy harvesters which create energy to power autonomous and wireless sensors. These energy harvesters enable sensors which help to monitor and reduce energy consumption, among other applications. MEMS technology is much like integrated circuit technology in that it can provide accurate and precise products that are inexpensive to produce in volume. Product development is being conducted at the Cornell Nanoscale Science and Technology Facility, located on the Cornell University Campus in Ithaca. Additionally, MicroGen is being assisted by emc2, the Energy Materials Center at Cornell.
The company is using the funding to commercialize the technology and launch initial products, establish business and strategic partnerships, expand customer applications and begin the manufacturing process with a MEMS foundry. As a result of this grant, MicroGen has added 3 engineering and business professionals from the MEMS industry to meet the goals of the company and this grant.
The MicroGen BOLT™ product family converts vibration that occurs in every environment into electrical energy to power sensors and wireless radios which will be used to monitor and reduce energy usage. MicroGen is developing affordable energy MEMS energy harvesters for a variety of applications, including residential, consumer, commercial, industrial, and military uses.
This is NYSERDA's second award to MicroGen Systems, Inc.. The first $300,000 was awarded in 2009, and helped the company to provide early prototypes that met project and technology goals, including significant power capability.