would like to thank you and your fellow members again for being a part of a
groundbreaking Meetup sponsorship around their ecomagination Challenge.
This week, GE and its partners announced the 12 start-ups, emerging
businesses and university ideas selected for investment as well as the five
winners of their open innovation challenge. Here are details on the five
- Capstone Metering: Intelligent
Water Meters - Carrollton, Texas: Capstone Metering applies
remote communications technology to the century-old water meter,
delivering real-time water system management, which helps conserve
water and eliminates the need for manual meter readings. (http://capstonemetering.com).
- ElectricRoute: Secure
Communications Network for the Electric Grid, Salem and Hollis, New
ElectricRoute created a communications gateway point for transmission
and distribution systems. Its cyber-secure, communications network
infrastructure eliminates duplicate sensors and thousands of copper
lines running inside the substation.
- GridON: Controlling Power Quality
in Electric Grids, Givatayim, Israel: GridON created a
fault-current-limiter to protect the electric grid from disruptions
and power outages, increasing the grid's reliability and enabling load
growth and generation expansion from alternative energy sources. (www.gridonsystems.com).
- IceCode: Wind Turbine Blade
Anti-Icing and De-Icing, West Lebanon, New Hampshire: IceCode's
technology removes ice by using high-power pulses to apply heat from
the inside out. Employing this technology for wind turbines
substantially reduces the amount of energy used for de-icing and
eliminates downtime for ice removal and inspection. (www.icecode.com).
- WinFlex: Inflatable Wind Turbines,
Kiryat Yam, Israel: WinFlex produces rotors for wind turbines
from light, flexible and inexpensive cloth sheets made out of
composite materials. This flexible rotor design reduces installation
costs by at least fifty percent and shortens the return on investment
to three - four years, without subsidies. (http://winflex.co.il).
challenge generated nearly 4,000 ideas and the participation of 70,000
entrepreneurs in more than 150 countries, all working on a local scale to
solve a universal problem - tapping into the kind of power in numbers that
Meetup members are quite familiar with. As Wired magazine's editor, and
challenge judge, Chris Anderson noted, "the number and breadth of
ideas we received was inspiring". Beth Comstock, SVP and CMO of GE
agreed. "...The Challenge has demonstrated that many great ideas
exist out there. The smart thinking and compelling business cases presented
make these innovative, award winning ideas examples of pioneering
encourage you to learn more about the Challenge winners and judges at www.ecomagination.com/announcements.
Thanks again for participating in this sponsorship, any open collaboration
is only as successful as its collaborators and we congratulate you on your
contribution to the next-generation grid!
you have any questions about this sponsorship, just let us know by replying to this email.