29th Jun 2015 06:48
LONDON (Alliance News) - Technology and intellectual property services company Tekcapital PLC on Monday said it has acquired the licensing rights for two technologies designed to commercialise energy harvesting from human movement to power mobile technology.
It has acquired the worldwide rights, for an undisclosed fee, to the piezoelectric electro-mechanical device from the University of Michigan. The device can be incorporated into footwear, apparel, sporting goods and recreational equipment to harvest energy generated by people through vibrations.
Tekcapital has also acquired the rights to a battery charger circuit from the Georgia Tech Research Corp. The circuit converts energy harvested from devices like the one it has acquired from the University of Michigan into direct current. No financial details were disclosed.
"We are excited to have acquired the exclusive licenses to these complementary technologies for generating power from human motion, in line with our corporate strategy of acquiring the licensing rights to compelling, early stage technologies and partnering with global OEM companies for commercialisation," said Executive Chairman Clifford Gross.
By Sam Unsted; [email protected]; @SamUAtAlliance
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