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Frontier IP portfolio company is granted two US patents

Published: 13:23 30 Oct 2017 GMT

Solar panel
PulsiV is developing technology that significantly improves the amount of energy generated by solar panel inverters

PulsiV Solar, a portfolio company of Frontier IP Group PLC (LON:FIPP), has been granted two patents in the United States to protect its intellectual property.

PulsiV a spin-out from the University of Plymouth, is developing technology that significantly improves the amount of energy generated by solar panel inverters and harvested for supply to the grid.

READ: Frontier IP sees 23% increase in net assets in fiscal 2017

The first patent granted in the US protects a technique developed by PulsiV that entails the solar panel drawing its power in bursts rather than continuously. Under testing, PulsiV's prototype is performing strongly when compared with market-leading technology.

The second patent applies to new technology developed for light emitting diode (LED) lighting that reduces energy storage requirements.

This means that LED lights can be built with fewer components, thus reducing their profile and increasing the flexibility in how they are mounted.

"The granting of these two patents really does confirm the huge potential of these two technologies - both of which could prove to be 'disruptive' in a positive fashion. The patents also increase the commercial value of the company and set us up for future investment," said Mohammed Zaki Ahmed, the founder of PulsiV Solar.

The US patents will augment the patents PulsiV has in Europe for the work it is doing.

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The company is now expected to seek new commercial investment, working with the Research and Innovation Directorate, Frontier IP Group Plc, the University's intellectual property partners, and the original investors to fully deliver the technology to commercial standards.

PulsiV has been supported by Plymouth Science Park, and its chief executive officer, Ian McFadzen, said: "PulsiV Solar is a prime example of how research and knowledge can be nurtured, supported and ultimately transformed into a significant commercial opportunity. It has the potential to not only make a major breakthrough in photovoltaic panel technology, but also to secure a platform for further research and development in a range of energy-related fields."

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