Spider9 sees the growth potential in green technologies, such as alternative energy and electric automobiles, and it's capitalizing on them with new battery technology spun out of the University of Michigan.
"It's a battery-based technology where you could control the voltage and wattage that comes off the cell," says Glynne Townsend, CEO of Spider9
. "It saves money and improves reliability."
Spider9's technology is known as OS Energy. It improves the energy output, life and reliability of renewable energy systems by optimizing the performance and efficiency of all components of the system ultimately increasing system life, and reliability while reducing cost.
The 1-year-old start-up is working with the University of Michigan Office of Technology Transfer
and is based in Northville. It now employs 12 people and is in the process of commercializing the technology. It is now testing it with what Townsend described as a "large Edison utility."
Source: Glynne Townsend, CEO of Spider9
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.