The OCMX™ is pleased to announce the listing of NTS Innovations to its online portal which offers financial networks the ability to learn more about this exciting opportunity.
FORT MYERS, FL, January 06, 2023 /24-7PressRelease/ — NTS Innovations gets listed on THE OCMX™
NTS Innovations was founded in 2016 as a science to commercialization company specializing in nanotechnology. Currently, NTS is focused on bringing to market a novel technology called Nanoscale Energy Harvesting.
Leveraging modern semiconductor manufacturing techniques, NTS aims to produce microchips containing networks of nanoscale energy harvesting features designed to harvest ambient energy from any environment. These chips will serve to augment or replace batteries in electronics, enabling devices to become self-powered.
The OCMX™ is pleased to announce the listing of NTS Innovations to its online portal which offers financial networks the ability to learn more about this exciting opportunity.
The OCMX™ has spent considerable time completing its due diligence on NTS Innovations and concluded that there is indeed a tremendous potential for this company.
The OCMX™ noted that NTS Innovations exhibits the main components of any solid opportunity, namely a solid management team, a great track record, and several key competitive advantages.
PROBLEM THEY’RE SOLVING
There are 3+ BILLION batteries discarded in the US each year.
Battery maintenance is typically inconvenient, labor intensive and time consuming, especially in a commercial environment. Wired power is expensive and prohibitive in remote/underdeveloped areas.
Costly infrastructure is required to produce and distribute electricity to point of use. Existing clean power solutions are constrained by specific environmental conditions.
OPPORTUNITY HIGHLIGHTS
• $1+ TRILLION global electronics market
• IoT (Internet of Things) segment growing at a rate of 8% per year (1.2 billion new devices in 2021)
• Electronic component manufacturers 2021 Rev = $485 Billion and growing
• Clear, validated, and addressable industry pain points for mobile power
• Beachhead market strategy sets stage for lucrative roadmap and expansion
WHERE THEY ARE HEADED
NTS Innovations will introduce our first novel energy harvesting microchip generator in 4Q23 that will revolutionize electronics. This technology has very broad range of applications with very strong interest and demand signals from 100+ customers and partners.
Nanoscale Energy Harvesting™ Chips are designed to replace/augment batteries for small electronics. Built with proprietary energy harvesting architecture, chips convert ambient energy into DC current in all types of environments. The technology is compatible with traditional semiconductor manufacturing techniques making it highly cost effective and scalable over time. Energy harvesting chips do not depend on the presence of wind, water or sunlight and can be arrayed three-dimensionally to cumulatively produce power.
KEY MILESTONES
• 2018-2019: Discovery validation in laboratory
• 2020 – 2021: Extensive market research and customer engagement
• 2020: Fast Company Article – Breakthrough Battery…limitless power
• 2021: Engineering prototype of microchip generator
• 2022: Launched Innovation Development Center
KEY METRICS
• 2019 Brave Launch Accelerator Best Pitch
• 2020 Top 20 Stories on physics.org
• 2020 Fastcompany “Companies to Watch”
• 2021 AFWERX Re-Imagine Energy Challenge selection
• 2021 Fayetteville Innovator of the Year
• 66 development kits requested from prospective customers
• Prototype iterations underway with key foundry partners
• Growing global IP portfolio
• Commercial offering – YE2023
• Production sales – Q1 2024
• First full profitable year – 2026
MANAGEMENT TEAM
Don Meyer, Chief Executive Officer and Founder
An expert business leader, inventor and entrepreneur, Don’s development expertise in advanced manufacturing led him into nanotechnology. With a vision for a cleaner, safer, more efficient world, he founded NTS Innovations. Don has over 25 years of successful business ventures including 30+ patents and trademarks and has 15+ Active brands sold throughout North America. Before NTS, Don founded Meyer Enterprises LLC, the parent company of ISI Building Products, a leader in innovative building materials.
Tom Buzzell, Chief Operating Officer
Tom is a seasoned operational executive with over 25 years of global executive corporate leadership. Before joining NTS, Tom served as Global Operations CIO and led Caterpillar through major infrastructure and cloud transformations supporting enterprise digital strategies. Responsible for the IT Vendor Management Office, including key strategic supplier relationships and major contract negotiations, Tom excelled in end-to-end IT operations, large-scale program rollouts and innovative business plan management.
Preston Carter, Chief Technology Officer
An engineer, entrepreneur and proven innovator, Preston oversees the NTS technology roadmap and directs research and development objectives. Before joining NTS, Preston served as Program Manager at DARPA within the Tactical Technology Office and Director of Defense Programs at Lawrence Livermore National Laboratory. Additionally, Preston established NASA’s Office of Game Changing Technology and was its first Director.
Steve Klei, Interim CFO
Steve has 25 years of financial and executive experience as both operating CFO and active Board member. Operating CFO for 5 companies and Part-Time or Interim CFO for 4 companies. As CFO, Steve led 4 companies to successful exits for a combined total of $2 Billion. Steve led the M&A processes for these transactions and has raised over $700M in both debt and equity. One of the few CFOs to have grown 2 SaaS companies to over $125M in revenue and one of the first CFOs to take a SaaS company public.
ABOUT THE OCMX™
The OCMX™, established in 2009, is a next generation investor relations and marketing outreach firm. Through our online OCMX portal, we connect companies with financial networks, generating interest and awareness for their opportunity.
Contact Us
The OCMX™
TD Canada Trust Tower
161 Bay Street, 45th Floor
Toronto, Ontario, M5J 2S1
Tel: 1-866-209-6862
Email: [email protected]
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