Accio Energy – Accio Energy, Inc. is an Ann Arbor, Michigan-based early-stage renewable energy company led by experienced and successful previously venture-backed executives. The company is developing unique “turbine-less” wind energy generation technology to deliver clean, sustainable energy to people around the globe. The company’s proprietary Aerovoltaic™ systems generate electricity using wind and a charged water mist. Collecting renewable energy from electric panels is not new (e.g. solar). Accio is the first to design panels to collect wind energy. To date, the company has proved its technical concept, achieved net positive energy, and has a path requiring just incremental advances to scale the technology into a commercially powerful game-changer. With the ability to improve on key turbine weaknesses, Accio is developing highly manufacturable products that win on both features and costs for onshore and offshore distributed and utility-scale installations closer to population centers. As a manufacturer of Aerovoltaic™ wind energy generation systems, Accio Energy will leverage the sophisticated automotive supply chain infrastructure in Michigan to deploy wind energy systems globally that will disrupt the entire wind energy supply chain cost structure with distinctive systems that are as silent, stationary, and modular as solar panels, and more cost effective than wind turbines.
Advanced Battery Concepts – Advanced Battery Concepts, LLC (ABC), has invented GreenSeal™ technology, an electrode that revolutionizes battery design. GreenSeal™ dramatically improves the performance and functionality of large-format, rechargeable batteries. Test data demonstrates that lead-acid batteries built with GreenSealTM products store more energy, have more power, and are anticipated to last longer than conventional lead-acid batteries. Yet, they have lower material cost. The GreenSealTM electrodes are chemistry agnostic, allowing the company to quickly move to other chemistries. After establishing itself in the lead acid market, the Company plans to develop a lead carbon version of the battery for Smart Grid applications followed by a metal air version for use in transportation applications.
Advanced Battery Control – Advanced Battery Control LLC is commercializing a revolutionary Battery Management System (BMS) that enhances the reliability, efficiency, and cost of battery packs in automotive, military, aerospace, renewable energy, and utility applications. The technology is delivered to the customer through the DESA platform (Dependable Efficient Scalable Architecture), a patent-pending hardware and software solution that enables battery pack developers and manufacturers to deliver exceptionally robust, reliable products at up to half the cost and size of conventional battery packs. Unlike current BMS products, the DESA platform performs a wide range of battery reliability– and lifespan-enhancing functions—independent of cell chemistry—including the simultaneous discharge and recharge of individual cells while a pack is in use, and the dynamic, real-time reconfiguration of battery modules and packs to allow for the complete bypass of failing or damaged cells. Advanced Battery Control is led by Mr. David Park, an experienced battery industry executive and venture-backed entrepreneur, along with DESA inventors and company co-founders Dr. Kang Shin and Dr. Hahnsang Kim of the Real Time Computing Laboratory (RTCL) at the University of Michigan. The company is pursuing a combination of grants, loans, and venture investment to begin assembling application-specific prototypes.
Angott Medical Products – Angott Medical Products has developed a low cost, non-invasive, comfortable, radiation-free, multi-modality medical device to screen for breast cancer (BC). BC kills 41,000 women in US each year, 465,000 worldwide. Early treatment dramatically reduces deaths and treatment costs. First sales are expected in May-2012. Revenues will be $300M in 5 years, creating 443 jobs in Michigan. Market survey indicated 65% of doctors would buy Tester, 74% of women would pay at least $30 for test.
Gold standard for BC screening today is mammogram (MMG), which is read by radiologist. Its sensitivity is 80% and positive predictive value (PPV) is 22%. Due to concerns about cumulative radiation, its use is limited to women over 40 (sometimes over 50). Average MMG costs $130.
AMP Tester will be sold to doctors and will have sensitivity of 95% and PPV of 75%. It is suitable for repeated testing, which means it can be used for women of all ages and can be used to monitor treatment progress. Doctors will pay $15k to buy Tester and then just $15/test, likely charging patient’s $30–60 per test. All data is captured digitally and is analyzed by software. Results are immediate and will be compared to prior tests.
ApoLife, Inc. – ApoLife, Inc. is a privately held, early stage biotechnology company with a proprietary yeast production platform, which has application in the accelerated development of monoclonal antibodies (mAbs) during drug discovery and cost effective manufacturing. ApoLife’s business strategy is to develop biogeneric and proprietary antibodies and proteins for cancer and infectious disease therapy through corporate partnerships and licensing arrangements. ApoLife’s technology will shorten the discovery phase for mAbs by 1/3; and will reduce manufacturing capital and costs by up to 50%, lowering overall healthcare costs. In 2009, the worldwide therapeutic mAb market generated revenues of over $35B. Monoclonal antibody treatment has improved the survival rate of cancer patients, yet the cost for treatment is >$50,000/yr/patient because the current production process (using animal cells) is highly inefficient. ApoLife is developing a non-animal system using a yeast, S. cerevisiae. ApoLife’s team was successful in receiving NIH SBIR and State grants, has completed the proof of concept and has two issued patents. The company is generating revenues by selectively licensing the technology. Successful exits by companies like GlycoFi that use other platform technologies (acquired by Merck for $400M), provide solid benchmarks demonstrating the potential market value of ApoLife’s yeast proprietary platform technology.
Arbor Photonics – Arbor Photonics is developing high power, fiber laser solutions for advanced materials processing and defense applications. The company’s products will be lasers and lasers subsystems that enable increased productivity and new capabilities in the growing $2 billion industrial laser market. Specific applications include current and next generation manufacturing of solar cells, microelectronics, flat panel displays and LEDs. Target customers are original equipment manufacturers and defense contractors. Unsurpassed product performance is achieved with unique 3C Fiber™ technology, licensed exclusively from the University of Michigan that can economically deliver 2 to 5 times more power and processing speed than competing alternatives. Founded in 2007, the company currently employs 10 people in 3,800 sq ft of laboratory and office space in Ann Arbor. The company has been awarded three Small Business Innovative Research awards from the Navy and National Science Foundation and a third is pending with the Army.
Armune BioScience – Armune BioScience is a molecular diagnostic company developing a prostate cancer diagnostic test utilizing autoantibodies which are capable of diagnosing cancer earlier and more accurately than competitive technologies. It is well established that the earlier cancer is detected the better the five-year survival rates. The technology can also be used to detect lung and breast cancer. Prognostic tests will also be developed using autoantibodies for all three forms of cancer to differentiate between indolent and aggressive cancer. This information will be invaluable to the oncologist and patient when determining treatment options. The Company has identified 20 autoantibodies / biomarkers which have been attached to Luminex® beads and then studies were completed to validate the assay. The Armune prostate cancer diagnostic test is being developed as a LDT (Laboratory Developed Test) in compliance with CLIA regulations.
A final assay validation study will be completed mid-November and then CLIA applications will be submitted to MI, NY and FL. Once the CLIA application is approved, Armune will hire additional laboratory people plus sales and marketing personnel and start generating revenue the first quarter of 2011. The potential for sales growth is excellent and the fifth year sales forecast is $71 million.
Compendia Bioscience – With roots at the University of Michigan, Ann Arbor-based Compendia Bioscience’s Oncomine product has become the leading human cancer genomic database with powerful built-in analysis and data presentation engines. Oncomine has shown “real-world” utility, having been used to discover causal cancer genes and potential therapeutic targets, as well as to link tumors, pathways and drugs with gene signatures. Oncomine is software as a service (SAAS), targeted to significant pharmaceutical companies and universities. Fifteen of the top twenty cancer biopharmaceutical companies are customers, and more than 12,000 researchers in academia are users.
Recently Compendia began coupling its technology solutions with its scientists, to provide an expert service offering for global drug-development companies, becoming an extension of their cancer research teams. We are most expert in the Oncomine tools and data, and have vast experience in gauging predictive outcomes, making such an outsourced service a worthwhile direction.
Now in its fifth year, Compendia has significant revenues, a staff of 26 and anticipates 2010 to be its 2nd profitable year. Our mission… Cure cancer through the use of genomic data.
CSquared Innovations – CSquared Innovations LLC is deploying a laser-assisted atmospheric plasma deposition technology which offers a high speed, cost effective and highly scalable “platform” approach to the synthesis of nanostructured materials and films for large area Li-Ion battery electrodes, photovoltaic materials, and industrial coatings. Conceived in the Additive Manufacturing Process Laboratory at the University of Michigan-Dearborn by Dr. Pravansu Mohanty, who presently serves as CSquared Chairman & CTO, the technology operates under atmospheric conditions, allows direct deposition of materials from gas, liquid and powder precursors, and achieves coating growth rates of two orders of magnitude faster than the state of the art. Together, these features offer unprecedented cost savings and operational flexibility across multiple industries. For example, Li-Ion battery manufacturers currently use a multi-step and time intensive fabrication process, which is expensive and limits their cell architecture; CSquared’s atmospheric hybrid deposition technology combines material synthesis and consolidation into a single step which can be used to fabricate binder free electrodes in existing assembly lines or to fabricate multi-layer monolithic specialty high power battery cells with solid electrolytes. CSquared is located in Farmington Hills, MI and has an option for an exclusive license to the technology from UM Technology Transfer.
Current Motor – Current Motor Company fills the unmet need for practical, affordable, electric vehicles in a growing environmentally conscious market. The company develops and manufactures all-electric motorcycles and motor scooters in Ann Arbor, Michigan.
Current Motor’s core customers are urban professionals who want to do their part for the environment. Already, many in the company’s target audience have made the switch from cars to gas scooters. In the U.S. 150,000 scooters are sold per year, a $600MM market. Export markets include Europe (1.5MM scooters sold per year), Brazil (1.4MM), China (15MM), and India (11MM).
Current Motor’s competitive advantage is based on our business model and our integrated smartphone/location based software applications. The company is a system integrator allowing for capital efficiency ($400,000 to develop first vehicle), and speed to market (18 months). This strategy also allows Current Motor to build a better performing bike at a lower price than competitors. Current Motor’s IP rests in the company’s motor technology and control systems, including integration with smartphones. The company has applied for one patent with more in development.
Discera – Established in 2001, Discera, Inc is a timing and clock oscillator company. Its proprietary MEMS (micro-electrical mechanical system) PureSilicon™ resonator technology enables lower cost, enhanced ruggedness, smaller size and wider temperature range than quartz based products. Discera has developed a wide range of oscillator solutions that address the performance, size, power and cost requirements for the consumer, enterprise, industrial and communication markets. Discera offers rapid delivery of both prototype and production replacements for standard quartz oscillators and innovative products with additional features and functionality normally associated with Clock products. Discera was formed to commercialize research originally performed at the University of Michigan and University of California at Berkeley. Headquartered in San Jose, California, with R&D center in Ann Arbor, Michigan, the company has accumulated an impressive portfolio of granted or exclusively licensed patents.
Eco Products LLC – Eco Products LLC intends to produce and sell energy efficient coating for various substrates such as glass, polycarbonate and acrylic to day lighting product manufacturers like skylight manufacturers, greenhouse fabricators, building constructors etc. Our product, when utilized in the construction of green buildings, saves energy and provides comfort. Green or sustainable building including the use of day lighting is the practice of creating healthier and more resource-efficient models of construction, renovation and operation. Research and experience increasingly demonstrate that when buildings are designed and operated with their life style and life cycle impacts in mind, they can provide great environmental, economic and social benefits.
We will help reduce the threat of global warming and the emission of green house gases by producing energy efficient coatings for some of the billions of square feet of glazing materials produced annually in building construction.
We will build an organization that will conduct business ethically, that will be socially responsible and that will contribute to the growth of the local economy by providing additional jobs and resources.
ElectroDynamic Applications, Inc. – ElectroDynamic Applications, Inc. is a research and development company founded by Aerospace Engineering professor Dr. Alec Gallimore and Electrical Engineering and Space Science professor Dr. Brian Gilchrist from the University of Michigan. EDA’s founders and research staff have a deep knowledge and understanding of electric space propulsion systems, the space plasma environment, and the more general field of plasma electrodynamics serving both terrestrial and space applications. EDA’s founders and research staff maintain strong connections with critical developments in operational/scientific needs, system applications, and related technologies within government, industry, and academia.
EDA’s business activities focus on critical technology incubation and high-tech contract research for industrial and government clients. It is principally focused on technologies for aerospace, space, and other severe environment applications. Specialties include electric propulsion (EP) (Hall thrusters, ion thrusters, nanoparticle propulsion, electrodynamic tether propulsion, and others), plasma diagnostics, hypervelocity system — plasma interaction and remediation, plus space and vacuum technologies in general. EDA Inc. performs technology development at all stages from conceptual design and numerical simulation, to prototype manufacturing, to testing and qualification.
ENRG Power Systems – ENRG Power Systems is the premiere supplier of ground-breaking advanced ignition system technologies which reduce operating costs and improve the environmental performance of light-and medium-duty commercial vehicles. Fuel economy improvements of 14–19% and greenhouse gas emission reductions of 15–50% have been achieved through its Plasma Drive Ignition® system, using the power of plasma ignition to increase the operating efficiency of today’s V-8 gas engines. Available as a retrofit system, the Plasma Drive Ignition system provides tomorrow’s cleaner-burning engine technologies for today’s vehicle fleets.
ENRG Power Systems (EPS) was established in 2009 to engineer, manufacture and market the Plasma Drive Ignition system. Headquartered in the metropolitan Detroit area – with offices in Grand Rapids, Michigan and technology development facilities in Long Island, New York– EPS is well-positioned to capitalize on and meet the country’s accelerating need to reduce greenhouse gas emissions and reduce the demand for foreign oil. EPS is a member of Wayne State University’s Business Incubator, TechTown.
The company’s principals have over 60 years of experience in automotive and high performance ignition systems, as well as degrees from MIT and Harvard Business School, positioning them to lead the growth of the company in the US and beyond.
ePack – ePack uses state of the art micromachining technology to provide cost effective and high volume packaging products and services for MEMS and other microdevices. Microelectromechanical Systems (MEMS) are moving mechanical devices that are manufactured thousands at a time on silicon wafers and currently represent an $8B market. There are a wide range of applications including: motion sensors, microphones and microspeakers in cell phones; micromirrors for projection screen displays; and various sensors in automobiles and airplanes. Each application requires a custom designed package and because of their small size, need packaging for protection from environmental factors including humidity, dust and vibration. As a result, packaging accounts for 50 – 80% of their total manufacturing cost. ePack addresses these costly roadblocks to commercialization with a series of generic packaging technologies applicable across the MEMS market and for many integrated circuits. Using this technology, thousands of micromachined devices are encapsulated in batch mode, reducing cost, size and increasing reliability. ePack is currently working with several customers in order to apply these technologies to their next generation MEMS products, and is working to expand its production capabilities.
Epsilon Imaging Inc. – Epsilon Imaging is an early stage medical diagnostic company focused on increasing the utility of commercial ultrasound imaging systems, thereby improving cardiovascular care and reducing healthcare costs. A worldwide push for healthcare reform and cost reduction is driving a migration to digital systems for patient management. Simultaneously, firms are seeking low-cost diagnostics which enable preventive medicine. As a result, there is demand for efficient, computer-assisted diagnostic tools that can be seamlessly integrated into existing hospital workflow and systems. One of the areas at greatest odds with this directive is cardiovascular care, which is experiencing increased patient volume and costs from an aging population. Epsilon has created a solution to address these conflicted cardiovascular healthcare needs, and is positioned to take advantage of this emerging market opportunity. Epsilon has developed EchoInsightTM, a workflow-efficient, cardiovascular analysis software package which provides information on a patient’s heart function. Today, without invasive surgery, a cardiologist can only infer cardiac tissue health by using indirect measures (heart rate and blood pressure) or anatomical visual information (Echocardiogram, CT or MRI images). In contrast, EchoInsightTM directly measures tissue performance to provide a quantified measure of muscle contractility, and pinpoints specific problem areas, offering the possibility of treatment optimization.
Evigia – Evigia is a leading provider of wireless sensing, identification and tracking products and solutions targeting military, security, and commercial applications. The Evigia products advantage is in longer battery life, smaller form factor, and functionality per unit cost that all achieved through Evigia’s technology for integration of electronics and sensing functions on an integrated silicon chip. Evigia is one of the three companies with full suite of wireless sensor hardware products selected by US Department of Defense (DoD) for its global Total Visibility & In-Transit Asset Visibility (TAV & ITV) program. The company was founded in 2004 and is based in Ann Arbor. The team has extensive industrial, startup, and commercialization background. We pursue growth in security, military and industrial equipment health monitoring, and commercial asset tracking markets enabled by our next generation integrated products with further miniaturization of the form factors, extension of battery life and features.
Fanaroo – Fanaroo® is an ecommerce enterprise platform that completely changes the game for sports teams and their fans by allowing fans to become more connected with the teams they love. It offers fans the opportunity to see themselves in the middle of the action by inserting their name and logo into real-life sports and entertainment shots and then printing that image onto virtually any kind of promotional product. It offers a level of customizing and personalization for sports fans never available before. Instead of just purchasing a picture of their team or favorite players in action, they can actually personalize this picture, placing their own name on the field, the jersey, the ball, the scoreboard, anywhere.
A combination of the founders’ resources, their experience within the industry, along with the relationships of its strategic partners, has led to key achievements in its strategic plan that include developing its e-commerce platform technology, protecting its IP, sourcing its manufacturers, and executing flagship licensing agreements with Professional and Collegiate Sports organizations representing 50 teams. Fanaroo is in various stages of licensing with an additional 300+ teams including the Detroit Red Wings, Chicago Blackhawks, NFL, NBA, PGA, CCHA, USTA Tennis, MLB, MiLB, and NCAA.
Focus Power – Focus Power is developing an innovative approach to Unmanned Arial Vehicle (UAV) engine design that breaks down compromises between performance requirements and far outperforms existing offerings. UAV engines must be powerful, lightweight, quiet, and efficient – and until now these requirements are often at direct odds with each other. Focus Power’s technology will deliver much needed improvements to the battle field (and upcoming civilian applications) in a timely and cost effective manner. The $10B UAV market is growing approximately 10% per annum. The engine segment of the market comprises roughly 10% of the overall market size, and this proportion is expected to grow as engines become more specialized and integrated into the overall UAV system. The Focus Power team has currently invested its own time and resources into its engine system, and we are working with a major UAV manufacturer to develop the power plant for their application. Future investments into Focus Power will be applied toward R&D facilities, production tooling, and engineering personnel. Focus Power currently shares resources with Cobra Moto, LLC (Hillsdale, MI) and its partner Factory Pipe (Ukiah, CA), however, as the company grows, separate facilities and personnel in Michigan will be added.
FreeStride – FreeStride Therapeutics, Inc. is a Michigan veterinary pharmaceutical company developing a novel drug that restores and maintains animal bone health. PowerGait™ uniquely prevents both inflammation and bone loss that occur in leg injuries. The primary markets are Thoroughbred racehorses and companion animals. First customers will be racing stables that train young horses, which are at great risk of leg injury. The addressable market is ~$500 million.
FreeStride was created by three local entrepreneurs with extensive experience in new company creation, drug development and life sciences marketing. Their skills are well-suited to taking PowerGait™ from clinical evaluation through market launch. Once FDA approved, the company will expand in Michigan to include distribution, product manufacturing and administrative functions.
FreeStride is seeking funding to further clinical efficacy testing. Dr. Alicia Bertone, a FreeStride consultant and one of the world’s preeminent researchers in equine orthopedics, will perform these studies. Dr. Bertone performed the initial pilot clinical studies, which demonstrated potent effectiveness. The next series of studies will optimize dosing and significantly reduce the technical risk for additional development of PowerGait™. With these results, FreeStride will be in a very strong position to raise the $3.5M necessary to launch PowerGait™.
GraviKor – GraviKor is a global leader in the development and implementation of state of the art spaceframe and structural weight reduction technologies to the military and security markets. Leveraging over a dozen patented technologies in this field, GraviKor provides unprecedented market differentiators for military ground vehicle manufactures that place them at the head of the pack in the weight vs performance spectrum. Utilizing a radical new spaceframe fabrication method based upon the use of high-strength Deformation Resistance Welding, GraviKor comboined advanced manufacturing and innovative design to reduce vehicle weight by over 25%, while also increasing rollover protection by as much as 70%. GraviKor, currently in the beta test phase on select military ground vehicle platforms, targets a commercial launch, or license thereof, of their first spaceframe product by 2012.
Hygieia, Inc. – Hygieia, Inc has commercialized University of Michigan technology to revolutionize diabetes care. Hygieia leverages the mature glucose meter business model, to market an easy-to-use handheld device that continuously optimizes a patient’s insulin dosage, helping them manage their diabetes.
Hygieia’s technology is protected by multiple patents and applications. Its Management Team combines industry veterans and serial startup executives. Hygieia’s Clinical Advisory Board is a Who’s Who of leading endocrinologists and diabetes educators, many of whom are publishing influential reports ahead of a late 2011 market launch.
Hygieia received a favorable “Pre-IDE Process” opinion from the FDA on its 510(k) regulatory strategy. Its glucose monitoring platform has already been cleared by the FDA. In a third clinical trial, currently underway at the International Diabetes Center (IDC) in Minneapolis, Hygieia’s software has generated over 700 dosage recommendations managing 45 patients.
Hygieia has raised over $700K from angel investors, and an additional $587K through NIH/IRS grants. The Company is currently raising $10M in Series-A financing, which funds go-to-market activities at the IDC, the Joslin Clinic in Boston, and the Henry Ford Health System. Treatment protocols developed at these three initiation centers influence 107 diabetes centers nationwide, expanding Hygieia’s patient base and revenues.
ImBio – ImBio has proprietary medical image processing algorithms protected by three separate patents which provide for significant improvements in the detection and quantification of temporal changes in tissue properties. Results from clinical trials already completed show that ImBio’s technology will be a game-changer for Radiological practice as it provides for significantly improved diagnostic and treatment response sensitivity over existing clinical approaches. The technology has been exclusively licensed to ImBio and was developed by faculty members at the University of Michigan (UM) over the past decade. This technology can be adapted to analyze data collected from different medical imaging modalities including magnetic resonance imaging (MRI) and computed tomography (CT). ImBio has a unique patent portfolio and plans to rapidly develop its own image workstation for direct market distribution for use in early cancer treatment response assessment and quantification of lung function. These applications will allow for determination of patient response to cancer treatment earlier than currently possible as well as to provide physicians with a regional map of lung function. ImBio seeks funding to develop a computer workstation capable of processing medical image data sets using the technology. ImBio’s team has been involved with the development of this technology and has the expertise to ensure its rapid deployment into the marketplace.
Inmatech – Inmatech offers advanced, customized supercapacitors for the automotive and defense markets addressing the needs for longer operational time of mobile electronics, improved power delivery and many thousands load cycles. The high cyclability and peak power of supercapacitors complement the high energy of batteries making the combination of a battery and a supercapacitor an ideal solution for energy storage. Inmatech’s advanced product design and novel materials enable significantly lower cost and three times higher energy density than state-of-art devices at uncompromised power capabilities. Non-flammable, aqueous electrolytes ensure safety and environmental compatibility without compromising low temperature performance.
The defense industry is an early technology adapter seeking high performance energy storage devices for powering the modern soldier during longing missions and for extended range vehicles among others. The automotive market is forecasted to grow more than 4 times in the following 6 years, fueled by the demand for hybrid electric vehicles as well as busses, trams and subways used in urban public transportation. Both markets can realize significant performance benefits from Inmatech’s advanced supercapcitors. We also support our customers with the development of hybrid energy storage systems combining batteries and supercapacitors.
Innovative Surgical Solutions – Innovative Surgical Solutions, LLC (ISS) is a technology-driven medical device company, specializing in the development and manufacturing of proprietary nerve monitoring systems. Injury to nerves is a major risk of surgical procedures and protection of nerves becomes an increasing challenge with Minimally Invasive Surgery (MIS). ISS has pioneered a game-changing method for mapping nerve location, resulting in a monitoring technique that is safer, faster and easier to use than traditional techniques.
Conventional nerve monitoring is based on EMG, a complex method of measuring muscle activity, which is extremely difficult to interpret. The surgeon must rely on interpretation by a neurophysiologist or use an interface they neither understand nor trust. The surgeon is not in control and interpretation is highly variable and prone to errors.
We offer an alternative to EMG. Our product is called NeuralMAS™ and its method of monitoring nerves uses MMG, which functions by detecting and measuring the mechanical activity in contracting muscle following nerve stimulation. NeuralMAS™ can easily locate and map nerves during surgery, ultimately increasing surgeon comfort and patient safety.
We have a fully developed product and have received FDA clearance to market the device. Rapid growth is anticipated and we are seeking acceleration capital for marketing, sales training, workforce expansion and inventory buildup. We will achieve profitability within 12 months, with revenue greater than $50M by year 3.
Ix Innovations – Established in 2009, Ann Arbor-based Ix Innovations is dedicated to enhancing the usability of electrical test and measurement instrumentation through continual product innovation. With particular expertise in analog circuitry, the company was founded based on intellectual property related to very low power measurement.
Ix Innovations recently launched the PocketPico™ picoammeter – a highly sensitive instrument that quickly and accurately measures electrical current down to a trillionth of one ampere. The PocketPico’s handheld size and unique SafeRanging™ technology make it the first major innovation in this space in nearly a decade. Engineers find the PocketPico’s high accuracy, category-leading speed, and single measurement range effective for testing and characterization of optoelectronics, sensors, nanomaterials and more. Furthermore, the instrument’s small size and software interface make it ideal for low power field demonstrations at conferences, trade shows and sponsor visits.
The PocketPico picoammeter is just the company’s first product to market. Ix Innovations will fuel growth by further developing complementary low power test and measurement products under the PocketPico brand umbrella and by partnering with industry leading companies to enter new market segments.
LED Optical Solutions – LED Optical Solutions, LLC (aka LEDOS), is a Michigan based company formed in January 2008 to meet demand in the commercial lighting industry for more complex LED optical systems. The team at LEDOS is comprised of seasoned personnel who garner over two decades of advanced optical development, design & system integration experience while employed in the automotive industry and today remain on the cutting edge of LED lighting design, development and manufacture.
At LEDOS, we know light! And as lighting professionals we are committed to creation of high performance LED lighting designs and products. LEDOS is currently introducing the patent pending Powered by LEDOS – LED Bulb, a “Screw In” bulb style retrofit appropriate for post top ornamental street lamps. Other unique LED designs are currently available for licensing. LEDOS staff also enjoys performing advanced design and development work providing solutions to the most challenging problems in commercial lighting, automotive and military industries.
LEDOS is a founding member of the Michigan Solid State Lighting Association, an affiliate partner of the Macomb/Oakland University Incubator, a manufacturing representative to the Municipal Solid State Lighting Consortium and a member of the Illuminating Engineering Society.
Life Magnetics, Inc. – Life Magnetics, Inc., an early stage diagnostics company and University of Michigan spin-out, is developing a novel platform for bacteria identification and antimicrobial susceptibility testing (“ID/AST”). The current standard-of-care requires the growth of extremely large populations of cells, which results in time lags for test results (2–4 days). Our proprietary technology platform, however, is sensitive to single cell changes, allowing for significantly faster time to results (<8 hours). The ability to rapidly and accurately monitor bacterial growth and response to chemical agents with single cell sensitivity provides us with the opportunity to significantly improve clinical outcomes while at the same time lowering the cost of care and mitigating the spread of drug-resistant bacteria. Due to the platform nature of the technology, we have chosen to simultaneously develop and commercialize our first two products: StaphSense (Methicillin-resistant Staphylococcus aureus or MRSA ID/AST) and LabFAST (expanded AST platform). The technology’s simplicity lends itself to follow-on products for cancer and industrial microbiology testing targeted later in the Company’s development programs. With funding received from the University of Michigan and Arboretum Ventures, Life Magnetics has demonstrated proof-of-concept with bacteria, yeast, and cancer cells.
MatchRX – Breckenridge Capital LLC d/b/a MatchRX is a web-based marketplace that was developed exclusively for the pharmacy industry. At MatchRX, we provide a simple, secure way for pharmacies to better manage inventory on a daily basis. By connecting pharmacists across the US, we enable our members to buy and sell overstocked prescription drugs at 10%-90% off of wholesale prices from one another. The result is an easy way to minimize waste and improve their bottom line. That may be why many of our 500+ members refer to us as the “Ebay” of the pharmacy industry.
Healthcare, Internet, and Waste Management are three of the leading spaces driving todayʼs economy. At MatchRX, weʼve incorporated each of these fields in a single business model. By developing MatchRX, weʼve helped pharmacists even the playing field with the large national chains.
As written in the July 2010 issue of Americaʼs Pharmacist, there are multiple reasons for pharmacists to incorporate MatchRX into their daily routine from becoming more efficient by increasing inventory turns, reducing carrying costs, reducing waste in landfills and waterways, to saving money when purchasing (Average Savings of 22% off wholesale) and selling on the site. Itʼs free to join, free to post, and members only incur a fee when another member purchases an order. In other words, pharmacists can only benefit by joining MatchRX.
Mayaterials – Mayaterials, Inc. develops and manufactures Organic/Inorganic Nano Building Blocks known by their chemical name as silsesquioxanes (SQs), starting from the renewable and green resource, rice hull ash (RHA). These nanobuilding blocks are used to completely engineer the properties of surfaces, thin films and monolithic components, nanometer by nanometer.
The core of most of Mayaterials’ SQs is the smallest single crystal of silica, 1 nm in diameter to which organic groups are attached in a uniform 3-D array. These organic/ inorganic hybrids achieve properties intermediate of traditional ceramics and polymers. Thus, SQs are considered the first new class of chemical feedstocks in 50+ years, since the invention of nylon.
Mayaterials technology offers the means to improve the performance of current coating materials or to create novel coatings, thin films or monoliths/composites with superior performance for a broad range of industries including aircraft, automotive, structural materials, microelectronics, photonics, and semiconductors. Mayaterials also uses its RHA derived silica products to create new materials for the next generation of insulation, vacuum insulation panels.
Mayaterials business plan can be summarized as developing new, advanced technologies based on our RHA derived products and commercializing them through joint ventures, spin-out subsidiaries, or technology license agreements.
Monarch Antenna – Monarch Antenna, Inc. (Monarch) is an Ann Arbor-based Michigan startup company that was formed to commercialize advanced technology in smart antennas. Our Self-Structuring Antenna (SSA) system, which dramatically improves signal strength, was co-developed by Michigan State University and Delphi and has been licensed to Monarch for all applicable markets. Monarch is under grant from NASA to develop antenna applications for future space missions, and is part of a NIST-TIP grant to develop smart antennas for infrastructure monitoring. We have identified several markets for our technology and products, among them: Smart Grid, Industrial Automation, Military/Defense/Homeland Security, First Responder (Fire/Safety/Police), Transportation (Automotive & Commercial), and Consumer Electronics.
The vast majority of the antennas employed in today’s wireless devices are passive, i.e. static/fixed designs that fail to meet the challenges of today’s rigorous and highly complex RF environment (signal loss/slow transmission). In an attempt to compensate for these failings, multiple antennas are required in one device/structure; thus increasing costs. Our SSA antenna can greatly improve link quality, range (or coverage), capacity, battery life and reduce the need for extraneous antennas (thus reducing costs). SSA technology will become the de-facto solution when communication needs are critical.
NextCat Inc. – NextCAT is commercializing a portfolio of patented heterogeneous catalysts for biodiesel production that will enable cost efficient processing of significantly lower priced feedstocks like residual corn oil and waste vegetable oil. This catalyst technology is a product of research performed at the National Biofuels Energy Lab (NBEL) at Wayne State University. Regulations (RFS2) and environmental concerns are increasing the demand for biodiesel fuels but current production processes are not cost competitive because the commonly used feedstocks are too expensive. The value proposition we offer to customers is the ability to re-start an existing biodiesel facility that has been idled due to both high cost feedstocks and inefficient production processes. Total cost savings is $1.00 — $1.25/gal. By partnering with biodiesel process equipment manufacturers as our end user sales channel, we are able to reach customers and offer a complete solution. We are targeting retrofits of existing idle capacity as the shortest path to market. Our business model is based on a recurring revenue model where users are charged a usage fee of $0.125 per gallon of biodiesel produced.
NextGen Metabolomics, Inc. – NextGen Metabolomics Inc., formed in 2010 and based in Ann Arbor, Michigan, is a privately-held biotechnology company that focuses on advanced metabolomics applications. Metabolomics, one of the fastest growing Life Science technologies, is the study of all the naturally occurring biochemical compounds (e.g. sugars, fats) in samples such as cells, biofluids and tissues, and holds a significant promise in understanding disease. The metabolomics approach is still technically complicated, creating the corporate objective of NextGen to “Make Metabolomics EasyTM”.
The Founders of NextGen have pioneering patents in the development of the science of metabolomics, and are responsible for the establishment of metabolomics platforms used today. NextGen has developed the chemical and computational methodologies to advance the technology making it easy to accurately measure biological response to diagnose the health of organisms and measure the impact of disease, the environment and other stressors. The IROATM metabolomics-enabling methods will become the preferred basis of many industrial scale platform applications including Diagnostics, Toxicology, Drug Discovery, Agriculture, Fermentation/Bioprocess control, and ultimately metabolomics-based human healthcare. NextGen’s business strategy is to license the right to use the IROA technology to these market segments and supply IROATM-required media and software as consumables.
North Coast Industrial Imaging – North Coast Industrial Imaging (NCII) is a Michigan-based start-up company that has focused on providing imaging services to businesses and industrial concerns in the Great Lakes Region. With offices in Port Huron, NCII began by selling thermal imaging cameras from manufacturers such as Fluke, and has expanded to also provide services such as thermal studies, thermal imaging software and training, and image processing applications for metal recyclers. NCII was formed in October 2007 and currently has 3 full-time employees and 2 part-time employees. The NCII management team consists of experienced sales, engineering, and operations personnel who have worked together previously. In mid-2010 NCII was approved to be a participant in the Port Huron Innovation Center – and is also a member of Automation Alley.
While the economy in the State of Michigan and surrounding states is progressing toward diversification into alternative energies and other innovative technologies – much of the industrial base remains in traditional manufacturing. To be competitive globally, these manufacturers must pursue technologies to reduce costs. NCII has begun development on low-cost devices based on thermopile technology that will enable these businesses to monitor industrial processes cost effectively – Michigan businesses helping Michigan businesses be effective and competitive.
OcuSciences – OcuSciences, Inc. is a product-stage medical diagnostic device company commercializing a rapid, non-invasive test for early detection of retinal disease. OcuSciences has developed a proprietary, ocular imaging technique, Retinal Metabolic AnalysisTM (RMA), as a non-invasive, rapid biomarker for measuring the damage to retinal tissue due to diabetes, macular degeneration and glaucoma.
The RMA technology provides a means to detect disease processes several years earlier than current clinical methods and before irreversible structural alterations due to cell death become visible in the retina. OcuSciences has demonstrated that RMA is more predictive of diabetes than the gold standard HbA1C and provides a functional metabolic map of the retina for patients with severe AMD to measure the progression of damage.
This metabolic health biomaker, used in cellular assays and clinical trials, helps pharmaceutical companies develop more rapidly and precisely ophthalmic drugs. Physicians can use the device to screen patients. Optometrist and ophthalmologists can use the device to diagnose and monitor disease progression and guide therapy.
With 57M diabetics in the US today and a rapidly growing epidemic, the screening for diabetic retinopathy and early treatment can help prevent blindness in 24,000 patients annually and reduce the $174B costs associated with diabetes.
Pixel Velocity Incorporated – Pixel Velocity is a growth stage technology company that develops and markets advanced system-level video surveillance and threat detection solutions to the homeland security market. Pixel’s products provide maximum site security and operational continuity for large, complex sites with strategic national and local importance – marine ports, airports, power generation sites, and other critical infrastructure. The high-definition (HD) Pixel Video Fusion® video surveillance camera system helps infrastructure owners and security teams mitigate the impact of security incidents through unique prevention, rapid response, and investigative capabilities. The company’s newest product, an automated perimeter protection system (PPS), automatically detects a breach of a virtual fence line, zooms in for identification, intelligently classifies the subject to filter out erroneous alerts, forwards the information to a first responder, and then automatically tracks its whereabouts in the environment until apprehended by officers. This security solution is revolutionizing the operational efficiency and safety in high-security environments, and propelling the company’s growth by attracting the attention of luminary customers such as National Gallery of Art, The Pentagon, and Fort Knox. To learn more visit us at www.pixel-velocity.com.
Power Panel – Power Panel, Inc. is a Detroit based manufacturer of co-generating solar collectors, thermal storage tanks and complete balance of system components including mounting systems, tank integrated plumbing, embedded controls and web enabled monitoring. Power Panel makes maximum use of the available solar resource addressing both electrical and thermal energy needs of a building while delivering a superior customer Return on Investment.
The principal product is the Power Panel, solar panel capable of simultaneously generating both photovoltaic electricity and thermal energy. The patented device uses a highly insulated plastic and engineered foam enclosure along with a Photovoltaic panel that enhances electrical output by actively cooling the solar cells.
To take advantage of the summer solar resource Power Panel is also developing a solar thermal driven air conditioning unit that works in conjunction with the Power Panel to provide significant year round energy savings.
In addition to providing building mounted solutions, Power Panel has taken its rugged and durable core product items and is applying them to a large market niche for mobile applications tailored for military forward operating bases, disaster relief response efforts and energy delivery to remote locations.
POWERleap – POWERleap creates flooring products that harvest the energy in human foot-traffic to generate electricity. Currently the primary applications are powering wireless sensors and interactive displays, and we are improving the technology to make it a viable renewable energy source.
Since 2006 we have developed numerous working prototypes that demonstrate the proof of concept. In 2009 we began moving to commercialize our prototypes and received angel investment from friends and family. Beginning this year we have formed exclusive partnerships with several technology suppliers. Working with these suppliers, we have begun implementing pilot tests with commercial customers. Our most recent pilot was with Fox Studio’s Teen Choice Awards where our flooring system was installed underneath a portion of the red carpet.
As a result of being the first company to unveil several working prototypes we have been featured in major media outlets including Forbes, Fast Company and the Discovery Channel. We have reached people in over 50 countries and have generated overwhelming demand for our products from a wide range of customers. We have received hundreds of customer inquiries and several of our leading customers have signed Letters of Intent to purchase our products when they are commercially available.
ProNAi – ProNAi Therapeutics, Inc. is a clinical stage biotech that is applying proprietary, nucleic acid-based DNA interference technology (DNAi®) to discover and develop novel therapeutic approaches for cancer. The company was founded in 2004 by pharmaceutical researchers and scientists who have substantial experience in the area of nucleic acid research. The founders developed DNAi® and leveraged this to successfully design a new class of therapies. ProNAi’s most advanced drug candidate, PNT2258, has striking preclinical activity in hematological and solid tumor models. In March 2008, ProNAi received FDA approval to start a Phase Ia dose escalation trail to assess the safety and tolerable of PNT2258 in patients with solid tumors. This trial is currently enrolling patients.
To date, the company has successfully recruited a seasoned senior management team and a Board of Directors with a proven track record in discovery research, research operations, product development, and business development. ProNAi’s Scientific Advisory Board has significant experience in nucleic acid research, and clinical trial design and development.
RealBio Technology Inc. – RealBio™ Technology Inc. is a venture backed life science Tools Company, commercializing a three-dimensional culture system which grows cells and tissue in a setting that closely mimics the in vivo environment. The RealBio D4 ™ Culture System is the first product from the platform technology, initially developed through a $4.5 Million DARPA grant. The RealBio D4 offers pharmaceutical and biotechcompanies the opportunity to study ““human equivalent”” tissues within an in vitro environment. The platform enables researchers and scientists to develop cell structures that mimic the natural composition, configuration and function of normal and diseased tissue. The RealBio D4™ Culture System is a major advancement in providing a means to make laboratory based research more “clinically relevant”, and will aid researchers and scientists in the quest for scientific discovery and advancement. The initial focus of the technology is on cancer tumors, liver and other structured tissue, and the expansion of embryonic, induced pluripotent and hematopoietic stem cells. Current customers include large pharmaceutical and biotech companies, large life science contract research organizations, academic research institutions and several National Cancer Institute (NCI) Cancer Centers.
RetroSense – RetroSense Therapeutics is developing a gene therapy to restore vision in patients who have been robbed of theirs by retinal degenerative disorders.
The RetroSense opportunity is characterized by four key elements:
- Large market with high unmet need: Retinitis Pigmentosa 100,000, advanced dry AMD 1,000,000, no FDA approved therapies for either condition
- Novel, well characterized technology: Human proof of concept on precedent approach, animal proof of concept in multiple species (mouse, rat, primate) established, favorable neurotoxicity and immunogenicity studies published, human safety of vector established.
- Outstanding management team: 70 years combined experience, multiple INDs, multiple drug launches, multiple startup success stories
- Capital efficient program: The preclinical path is well defined. RetroSense expects to see bioeffect / early human POC with just a few patients and a couple of months into Phase I/IIa studies (~$8 million to get to that point, from here).
RetroSense uses channelrhodopsin-2, a photosensitivity gene / protein from blue-green algae. When administered to a degenerated retina, channelrhodopsin-2 restores light sensitivity and functional vision. Because the results are binary, RetroSense expects human proof of concept early in clinical trials, which are about 2 years out. Partnering revenues at that point are very likely.
Reveal Design Automation – Semiconductor companies currently spend $100M to develop a high-end chip, with half that cost spent on verification – the process of ensuring a chip design meets specifications and is fault-free. Leading chip design firms are actively adopting a new generation of methodologies called formal verification that drastically reduce the effort in verification and probability of missing a bug. However, existing formal verification tools do not scale with complexity of modern designs. Reveal Design Automation is the first to solve this critical problem.
Our proprietary, patent-pending, exclusively licensed technology achieves orders of magnitude improvements in scalability compared to competing technologies. For a high-end chip, full adoption of our tool across the design cycle could save up to $10M per chip design.
The verification software market is $800M with an immediate $100M addressable market with leading chip design firms. We are prototyping our technology in partnership with ARM and are developing a go-to-market strategy with Forte Design Systems, an established firm with complementary technology.
Reveal has received $200K in grants, including SBIR Phase I funding, and is in final stages of securing SBIR Phase II funding worth $500K. Reveal placed 6th out of 420 teams at the 2010 Rice Business Plan Competition and was featured in Fortune Magazine.
Sensors, Inc. – Established in 1969, Sensors, inc. based in Saline Michigan, is a leading worldwide supplier of advanced exhaust emission measurement systems. These products are used in state operated smog check programs on one hand and on the other comprise sophisticated systems employed in R&D and Certification laboratories of engine and vehicle manufacturers. Sensors has also established itself as the leader in supplying portable emission measurement systems which have the accuracy and performance of laboratory grade instrumentation, but are rugged enough to enable measurement of emissions and fuel-economy under real-world operating conditions.
Sensors’ key customers include most of the world’s key regulatory agencies including EPA and CARB in the USA, the EPD in Hong Kong and the JRC in Europe. Other major segments include many passenger car and heavy-duty engine and vehicle OEMs, Tier One suppliers, academia, fuel manufacturers and suppliers of exhaust after-treatment systems. Recently, manufacturers of off-road construction and agricultural equipment and suppliers of marine and mining equipment have joined our list of customers.
Sensors designs, manufactures, services and supports its products at its HQ in Saline. Sensors’ subsidiary, Sensors Europe, is based in Erkrath, Germany. Marketing, sales and technical support in China, Japan and Korea are achieved using long-established distributors.
ShadePlex – ShadePlex makes flexible solar power for parking canopies, shade structures, portable tents, and other fabric applications. ShadePlex products have key solar technology content from our suppliers; but it’s our patent pending, fabric frame technology, our distribution, and our branding that makes it all accessible to the customer. Our flagship product, PV-FlexMount™, can be used where weight and flexibility rule out the use of rigid panels and at comparable cost. It meets the engineering, aesthetic, and power generation needs of commercial customers who want to reduce their electricity bills or support electric vehicles using attractive and functional alternatives to rigid solar panels made of glass and metal. It also is highly optimized for military, governmental and NGO customers who need quick, safe, and portable power generation.
Spinal Ventures – Spinal Ventures, LLC has developed and patented proprietary medical devices for the minimally invasive treatment of orthopedic conditions that require controlled placement of engineered fillers. The main applications will be in the treatment of Vertebral Compression Fractures (VCF) and Interbody Spinal Fusions (IBF), with additional applications in collapsed bone fractures and bone voids due to tumors, trauma, and infected surgical sites. Spinal Ventures will contract the manufacturing of our products with government certified contract manufacturing organizations and we will market and distribute them through existing distributor networks. Initially we will focus the majority of our efforts on the VCF indication and expand to the other indications once we begin to receive revenue from the sales.
Spinal Ventures was formed by experienced orthopedic and medical device entrepreneurs to commercialize core technologies that will make a significant impact in large surgical product markets. Spinal Ventures’ products, Serpentine™ and Legacy™, are superior in terms of safety, efficacy and procedural efficiency to the current standards of care. Our products are the only products that allow for a high degree of flexibility and adaptability in biomechanics, material, and procedure which translates to responsive and sustainable competitive advantages to current and future market demands.
Sproxil – Sproxil uses simple to understand techniques to provide robust anti-counterfeiting and brand loyalty solutions primarily in emerging markets. We tag products with tamper-evident labels which have a unique, item-specific hidden code much like a sophisticated serial number. Upon purchasing the product, consumers reveal and text message the code to Sproxil’s Mobile Product Authentication™ (MPA) service. We reply informing the consumer about the product’s authenticity based on the code. A specific code may only be used once and then it is invalidated. The service is free to consumers and paid for by product manufacturers. Our solution also helps companies connect directly to their consumers through customized text in the responses specifically targeting purchasers.
We’ve already sold more than 2m labels since our early 2010 launch and the Nigerian regulatory agency (equivalent to the US FDA) has endorsed MPA and selected it as Africa’s first national mobile-based anti-counterfeit service. We have secured grants from US AID, the Clinton Foundation and Nokia Forum and won awards from MITX and IBM. In addition President Clinton commended our work at the recent Clinton Global Initiative annual meeting saying Sproxil’s service ““is a genuinely remarkable achievement…[it’s] empowering…putting people in charge of their own healthcare.
The Mackinaw Technology Company – The Mackinac Technology Company was founded in 2007 by John Slagter. The sole purpose of the company is to develop and commercialize energy saving thermal insulation products. Mackinac’s core asset is its cooperative research and development working relationships with world class research and development organizations. The Mackinac Technology Company is developing transformative technologies that will provide substantial energy savings with products that can be purchased and installed at affordable costs. Mr. Slagter has more than 30 years experience managing construction and manufacturing business operations and he has had considerable experience managing a variety of technology research and development projects which were ultimately brought to successful commercialization.
TherapyCharts – TherapyCharts is for the 500k mental and behavioral health professionals who are dissatisfied with paper charts, 20% insurance takebacks, and are fearful of healthcare regulations coming in 2012. Our team of attorneys, computer security experts and psychologists have created a web-based electronic health record (EHR) system that provides smart practice management for psychologists and other mental and behavioral health professionals. TherapyCharts features a clinician focused workflow that keeps progress notes, treatment plans, other patient records, and appointment schedules within two clicks. Our innovative web-based system designed to reduce duplication and manual double-entry, features fully HIPAA secure access from any computer in any location, has no software to install, and no backup hardware to maintain. Unlike other EMRs, we integrate remote accessibility, security, legal compliance, and tailor it to the workflow of clinicians — all for a price comparable to the monthly cable bill — which is less than the cost to manually retrieve a patient record from the archives and much less than the cost of possible compliance fines.
Vestaron – Vestaron® uses clean technology to develop novel insecticides for the environmentally conscious 21st century. The Company is leading the transition from synthetic to peptide-based insecticides in the agricultural biotechnology industry. Vestaron’s first peptide-based product has been effectively manufactured and successfully field tested with a market launch planned in 2013. This and follow-on products address significant and increasingly unmet market and regulatory needs in multibillion dollar global insecticide markets.
Vestaron possesses a pioneering CleanTech platform technology base that allows far more rapid development of innovative products. Vestaron’s proprietary products are based on the specific molecular architectures inherent within spider venom peptides that display broad and potent biological activity against insects but lack any vertebrate toxicity. To date the Company has identified and characterized three unique lead insecticide peptide ingredients. Each of these peptides is active at entirely novel molecular targets (sites of action) within the insect pest. This is critically important as insect resistance is rampant against existing insecticides. Further, each of these peptides can be exploited by multiple means of delivery including: i) as a peptide insecticide, ii) as a pharmacophore for developing mimics, and iii) as a genetic material for the modification of crop plants to express insect resistance.
Vir(Sn) – Vir(Sn), Inc. is a start up medical device company based in Ann Arbor, MI. The company was spun out of the University of Michigan Biomedical Engineering Department. Michael J. O’Donnell, MD FACC is a Founder and President of Vir(Sn), Inc. The gold standard of surgical aortic valve replacement includes removal of the diseased aortic valve. Transcatheter aortic valve implantation (TAVI) has emerged as an attractive alternative to surgical aortic valve replacement for patients with symptomatic severe calcific aortic stenosis deemed to be at high surgical risk. However, there remains an unmet need for a safer TAVI procedure. In the evolving procedure of TAVI implants, there remain significant complications, including device malposition, inadequate valve sizing, coronary artery obstruction, paravalvular regurgitation, and induced conduction abnormalities. Additionally, for TAVI procedures to expand in scope and acceptance, the results must be judged favorably against surgical aortic valve replacement. Vir(Sn) has unique catheter-based technology to remove the diseased valve prior to the placement of the transcathter aortic valve implant and could mitigate most of the complications of TAVI procedures and approach the clinical gold standard of the surgical valve replacement. Vir(Sn) is currently completing prototypes for animal and later first in man studies.