BLIXT TECH AB Selected to Present at CleanEquity® Monaco 2019
LONDON, March 6, 2019 /PRNewswire/ -- BLIXT TECH AB will present at CleanEquity® Monaco 2019 on 14(th) & 15(th) March at the Fairmont Monte Carlo.
CleanEquity® is an annual invitation-only event hosted by Innovator Capital, the London based specialist investment bank. The conference provides an intimate and collegiate setting for inventors and entrepreneurs to share their stories with delegates - key decision makers looking to assist them with reaching their commercial and strategic goals.
Other partners and sponsors include Prince Albert II of Monaco's Foundation, Cision, Covington & Burling, Cranfield, Hobbs & Towne, Monaco Economic Board, Parkview International and Reliance Industries.
BLIXT TECH AB has been identified by an expert panel as one of the world's most innovative sustainable technology companies and has been selected to present to selected sovereign, corporate, family and professional investors & acquires, policy makers, end users and international trade media.
BLIXT is a Swedish technology startup with disruptive solutions for solid state circuit breakers.
The new Blixt Breaker is the first and only miniature circuit breaker in pure solid state and with a clear path to siliconization and digitization. This new generation of circuit breaker acts as a smart meter, remote control and a super fast breaker, all-in-one single device. It can modulate the control from 0-100%, controlling the power just like a water tap, and cut circuits within only 250 nanoseconds.
Turning the conventional mechanical breakers into digital connected devices completely changes the game. As part of complex electrical systems, able to control and mange devices beyond the meter, solid state breakers represent large energy savings potential, add efficiency and durability to electric loads (like electric motors) and pave the way for clean energy implementation.
Essentially, the Blixt Breakers turn the fuse box into a smartphone, collecting and communicating rich, real time electricity usage data as it passes through the circuit breaker. This data is, for example, communicated to the energy service provider so that it can effectively manage the future grid. Crucially, the Blixt Breaker also allows real time, remote, high-res monitoring and controlling of appliances, heating, cooling and electric vehicles, thereby enabling demand side management.
And since circuit breakers are omnipresent where electricity is being used, the potential implementation areas are way beyond traditional fuse boxes. "Being a young company, we are overwhelmed by the interest, coming in from large utilities, but also leading automotive conglomerates, the aerospace sector, nautical and industrial 4.0 companies from around the world," says Charlotta Holmquist, Chairman and Co-Founder of Blixt.
"To manage this vast interest, we have launched our dev kits program, introducing our ground breaking technology to leading technology partners globally, enabling them to run demos covering a broad variety of use cases. Shipping of dev kits starts in March and we are very excited to have our first product in the market already within our first year."
"Being identified by an expert panel as one of world's most innovative sustainable technology companies is a great honor and we look forward to broaden our international network at CleanEquity Monaco," says Charlotta Holmquist.
About Blixt Tech AB
Founded in Sweden 2018 by a team of seasoned entrepreneurs and experts within digitization, energy management and advanced software and electronics. Blixt's patent portfolio includes solid state technologies for circuit breakers, current limiters and power inverters. Backed by the Swedish Energy Agency and lead investor Baywa r.e. Energy Ventures Gmbh, the company have raised more than EUR2M since the start.
Contact:
Charlotta Holmquist, Chairman BLIXT TECH AB
Email: charlotta@blixt.tech
Phone: +46 (0)708 88 13 33
About Innovator Capital
Innovator Capital, established in 2003, is a specialist investment bank advising emerging technology companies on corporate finance, mergers and acquisitions. Its expertise includes intellectual property and multi national strategic partnering.
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SOURCE Innovator Capital
