Cambridge, UK, 5th December 2016 – Following an investment of approximately $1m earlier this year, Cambridge-based vibration energy harvesting specialist 8power is pleased to announce that Paul Egan has joined the company as VP of Business Development.
Paul comes to 8power from the Digital Catapult where he successfully led the Networks & Hardware platforms activity for IoTUK to deliver their highly visible, large scale demonstrator & SME acceleration programs. Prior to the Catapult Paul was a co-founder & VP of Business Development for Neul, the original pioneer of Low Power Wide Area Networks (LPWAN) for Internet-of-Things applications. Neul was acquired by Huawei in September 2014.
Paul has an impressive track record of establishing & managing high value complex partner engagements, as well as the development and execution of go-to-market strategies for innovative new technologies.
“Paul brings a wealth of knowledge and expertise in establishing start-up companies in new technology areas. He is tasked with fuelling our growth and helping take 8power to the next level of its development. Additionally, we will continue to pro-actively seek other high calibre people to meet our stated ambition to ‘power the sensor revolution’” said Antony Rix, CEO of 8power.
8power is a new start-up company commercialising novel vibration energy harvesting (VEH) technology developed by researchers from the University of Cambridge. The target markets for the technology are self-powered wireless & IoT devices for sensing and measurement in industrial applications.
VEH enables power to be generated from a variety of vibration sources including motors, moving vehicles, or traffic-induced movement in structures such as bridges. The patented technology delivers 10 times higher electrical power than existing VEH systems by employing the principle of parametric resonance. This exciting discovery was pioneered by leading academics at the Centre for Smart Infrastructure and Construction at the University of Cambridge.