Here's a great example of some home grown innovation from New Zealand... In an earlier life, I worked as part of the team to investigate the market potential for this technology, and co-authored a report into their market entry approach, and later, an investment memorandum for the company. It’s been, and continues to be a tough journey for the team; full of classic early stage company dramas, so its fantastic to see owner and inventor Justin Robertson (with strong support from the team at AUT’s Business Innovation Centre, including Enervate’s new CEO Kevin Ha, formerly the BIC’s incubation manager) celebrating a successful move up to Singapore as the first step in the commercialisation of the technology.
The Powertread turns waste energy from passing traffic into useful electrical energy. See the story on TV3's Campbell Live programme here....
