Key Deal Facts
Public and private support: Millions of dollars in U.S. government funding, investments, and grants were instrumental in beta versions of the NvisiLink FPGA (Field Programmable Gate Array) platform and associated sensors. The company has a strong ecosystem of partners in Silicon Valley, and resides within the Silicon Catalyst family of investments and corporate innovators in silicon.
The management team and advisory board supporting Espre is comprised of seasoned professionals and silicon/microchip experts who have made significant contributions both to wireless standards and the communications space as a whole. Collectively, the team holds a combined 100+ publications and 125+ patents across wireless communications, networking, and microchip design.
Espre Technology is currently in the prototype phase and is designing chips that will help drive the $12.5 billion Internet of Things market, a market with an astonishing forecast CAGR of 23.9%, reaching $36.6 billion by 2025.
Management Team / Advisory Board Bios
John Terry, PhD, CEO, President, Secretary, and Chairman
Dr. Terry is a highly sought-after expert on wireless networks, protocols, and innovation. He holds 31 domestic and 20 international patents, with 20 pending international patents. He is the former CTO and co-founder of PlusN, a leading solution provider for Smart Carrier Aggregation for 4G and 5G networks. Dr. Terry has over 30 years of experience in collaborating with multiple market players, including Nokia, AT&T, Verizon, Raytheon, and Halliburton.
In 2007, Dr. Terry was inducted into HistoryMakers for his lifetime achievements in the science and technology category. His video interview is stored in the US Library of Congress HistoryMakers exhibit. He holds a PhD in Electrical Engineering from the Georgia Institute of Technology. For the Company, Dr. Terry supervises the managerial staff, prepares work schedules, and assigns specific duties.
Cormac Conrod, PhD, Board Advisor
Dr. Conroy is a Co-Founder of Silicon Valley startup Berkana Wireless. He was responsible for P&La accountability for large business at Qualcomm and Intel. He has extensive experience with both fabless and non-fabless business models and very familiar with operating in international context.
Erik Vaderson, CFO / VP Business Development
Mr. Vadersen is the founder and Managing Director of International Rail, Inc. BaJa Technology, LLC. He has successfully raised more than $10M for seed ventures and has worked with notables such as Carlyle, Reservoir, Polaris, and various private investors. He began his career with Zurich Financial, and has consulted with Gulfstream Aerospace, Hawker-Beechcraft, and NetJets, as well as private aircraft and vessel fleet owners. He currently provides financial and operational guidance to early-stage companies and develops mobile applications in the social, healthcare and defense space. Mr. Vadersen holds an MBA from Wake Forest University. Mr. Vadersen's primarily occupation is working for BaJa Technology, LLC. He serves part-time for Espre Technologies, Inc., working 20 hours per week.
Peter Rodriguez, Board Advisor
Pete has 35 years of experience in the Semiconductory Industry. He is presently the CEO of Silicon Catalyst. A former successful entrepreneur holding positions of CEO of Exar and VPG MInterface and Power ax NXP Semiconductors.
Steven Lamont, Board Advisor
Steven Lamont is a Board member at Sand Hill Angels. He is a strategy and marketing professional, with a track record of success leading growth initiatives, especially in the communications and high technology arenas
Chao-Hwa Chen, PhD, Sr. Algorithm Communication Engineer
Dr. Chen has 30 years experience in signal processing and communication design. He is an experienced algorithm developer in the commercial Public Safety radio system space.
Tony Reid, PhD, Chief Technologist
Dr. Reid is a former Engineering Fellow of Raytheon and Principle Scientist of Nokia Reseach Center. His expertise spans image processing, signal processing, and wireless communications systems. Dr. Reid hold over 40+ patents worldwide.