The Company
Static Hydro Energy, registered in Dublin, Ireland is a company involved in the design of new energy generating systems. Founded in 2013, the company has spent the intervening years developing its technology with assistance from individuals from Trinity College, Dublin, Arizona State University and Imperial College, London. It has taken seven years to navigate the company’s suite of Patents through to grant. The company now holds Patents for all major geographical regions.
From the onset, the company identified the need to tackle the huge wastage associated with the use of compressed air in industry. To that end, they designed a new revolutionary technology that enabled the pressure inherent in compressed air to be turned into a force.
Following the completion of its “Proof of Concept” prototype four years ago, the company, with the assistance of engineers from Imperial College, London, designed and build a demonstration Model of their technology. All funds relating to the development of the technology and the international patent process (approximately 1.7 million) were raised from existing shareholders. In addition, no salaries were paid to officers of the company.
It should be noted that the company has now reached Level 5 on the NASA Technology Readiness Level.
The TRL is a system designed to measure technological development. It was developed by NASA in the 1960’s as part of the Apollo programme to send a man to the Moon and has been adopted by industry in general globally since then.
Where a topic description refers to TRL, the following definitions apply, unless otherwise specified:
- TRL 1- basic principles observed
- TRL 2 – technology concept formulated
- TRL 3 – experimental proof of concept
- TRL 4 – technology validated in lab
- TRL 5 – technology validated in relevant environment (industrially relevant environment in the case of key enabling technologies)
- TRL 6 – technology demonstrated in relevant environment (industrially relevant environment in the case of key enabling technologies)
- TRL 7 – system prototype demonstration in operational environment
- TRL 8 – system complete and qualified
- TRL 9 – actual system proven in operational environment (competitive manufacturing in the case of key enabling technologies), or in Space.
Going Forward
Static Hydro Energy does not intend to become involved in the manufacture and distribution of its technology. Following the completion of the final development stage with Imperial College London, it is now the company’s intention to explore the different deployment situations. These deployment possibilities can then be sold / licensed or form part of a joint venture either individually or collectively.
The company currently see the technology being monetized in one of three ways.
- Joint Venture / Collaboration with a large industrial entity with the expertise and the financial capacity to take the technology to the next level
- License the technology in its current form as a Master License, affording the Licensee the opportunity to benefit from the multiple deployment possibilities.
- A Trade Sale. Sell the Intellectual Property pertaining to the technology to the highest bidder.
The above assumptions/possibilities are not written in stone and Static Hydro Energy is willing to consider exploring other avenues to monetization.
Current Value of Company
Static Hydro Energy recently commissioned Dr Fernando Da Cruz from Valuation Consultants in Cambridge to undertake a valuation of the Company’s Intellectual property, prior to the company moving forward. Dr Cruz and his team compiled an extensive report in which they calculated the current value of Static Hydro Energy. This information can be viewed in our Data Room.
Static Hydro Energy maintains an extensive Data Room in the Cloud, housing all information relating to the company, from financial to technical. Access to this Data Room is by numerical key. Keys are allocated following a direct request to the company.
Contact Us