September 2014 Newsletter: Client News: "LogiCoul Solutions Reflects on a Successful Month"
LogiCoul Solutions, an early-stage company with the technology of sending signals to batteries to improve performance, has made exciting progress within the course of a single September week.
On Sept 16, LogiCoul was announced as a semi-finalist in the Accelerate Michigan Innovation Competition. “This is both an honor and a challenge,” Larry LaFranchi, LogiCoul CEO, said. “The challenge is to make it to the finals and win against some other great Michigan companies.”
With the help of NextEnergy, LogiCoul was offered the opportunity to share the Michigan Economic Development Corporation’s booth at the Battery Show, an exhibition and conference in Novi featuring over 600 exhibitors and three different tracks of technical presentations. David Stout, LogiCoul's EVP and Business Development champion, gave an overview of the technology at the session on Breakthrough Transportation Battery Technology, moderated by Dan Radomski, NextEnergy VP.
"It was a great opportunity, with an excellent response", David said. “We've renewed contacts with key people and made a number of good new contacts. Now it's time to make things happen through follow-up."
LogiCoul, in addition to their Mac-OU INC affiliate company status, recently signed a lease agreement with Mac-OU INC and have been enjoying this transition to fall in the incubator facility. "It's a wonderful new home for us" Victor Stancovski, LogiCoul CTO, said.
LogiCoul Solutions has developed a unique, proprietary, patent-pending technology called Interfacial Process Stimulation (IPS), which improves the performance of a rechargeable battery without modification to the battery itself. Normal battery-operating performance is insufficient for today's high-demand applications due to the low percentage of the full energy potential in the battery that is utilized during discharge. LogiCoul's laboratory test results demonstrate significant performance improvements for 95 percent of the rechargeable battery applications, regardless of battery chemistry.
The LogiCoul test data shows that IPS lowers battery impedance which translates into 25 to 45 percent more usable energy from the battery during a single discharge cycle. The LogiCoul Solutions process will mean more usage for today's power-hungry smartphones before they lose power and greater range for electric vehicles currently on the road. For more information on LogiCoul Solutions, email to info@logicoul.com.
LogiCoul Solutions, an early-stage company with the technology of sending signals to batteries to improve performance, has made exciting progress within the course of a single September week.
On Sept 16, LogiCoul was announced as a semi-finalist in the Accelerate Michigan Innovation Competition. “This is both an honor and a challenge,” Larry LaFranchi, LogiCoul CEO, said. “The challenge is to make it to the finals and win against some other great Michigan companies.”
With the help of NextEnergy, LogiCoul was offered the opportunity to share the Michigan Economic Development Corporation’s booth at the Battery Show, an exhibition and conference in Novi featuring over 600 exhibitors and three different tracks of technical presentations. David Stout, LogiCoul's EVP and Business Development champion, gave an overview of the technology at the session on Breakthrough Transportation Battery Technology, moderated by Dan Radomski, NextEnergy VP.
Created by Joan Carleton (jfcarlet@oakland.edu) on Friday, September 26, 2014 Modified by Joan Carleton (jfcarlet@oakland.edu) on Friday, September 26, 2014 Article Start Date: Friday, September 26, 2014