March 22, 2023
Expected Close Date
May 21, 2023
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SineWatts, Inc. is a deep tech startup founded in 2011 with a mission of developing transistorized electric mobility and building powering solutions that rearchitects the platform for a highly scalable, customizable and affordable grid of the future. Having completed its US Dept. of Energy funded technology development, and its utility industry-sponsored validation, the pre-revenue stage company is currently advancing towards demonstration and pilot stages for its Power Plant on Wheels™ electric vehicle products, with a 24-month timeline to reach the next phases.
Key Deal Facts
We believe SineWatts’ patented technology represents a transformative opportunity. Electric vehicles (EVs) with our platform technology become the fabric of their own infrastructure for charging and facilitate local, cost-effective, renewables-based energy generation thereby accelerating their mass adoption. We convert EVs into Power Plant on Wheels™ eliminating and/or integrating numerous equipment and subsystems inside and outside the EV including their fast charging equipment.
In addition to EVs, SineWatts’ disruptive technology and global IP protections also provide a path to converting our existing electric sector infrastructure from a centralized platform to the People’s Power Grid – a more dynamically adapting, customizable, distributed network. The SineWatts technology can be configured for local needs, dramatically increasing systemic efficiency and cost effectiveness compared to any other solution being deployed today. To date, the company has acquired six issued patents, with legal protection in five global jurisdictions, equating to about 80% of the global market opportunity.
SineWatts has curated its team and partnerships with intention, based on deep technical expertise, proprietary know-how, government policy advisory, and public relations capabilities. Our collective expertise strategically positions the company for continued public-private partnerships, as well as regulatory and technical leadership.
Management Team / Advisory Board Bios
Shibashis (Shiba) Bhowmik, Ph.D.President & CEOShiba Bhowmik is a lifelong hands-on engineer who has led many engineering teams for various product development efforts: novel wind turbine technology development, flywheel technology for data centers, early photovoltaic inverter product development and commercialization to most recently concept to field deployment of a novel power electronics architecture demonstration funded by the US Dept. of Energy and the utility industry by the engagement of their premier power research institute. Shiba participates on various standards committees and contributes to regulatory proceedings. He is committed to making our energy systems sustainable for all communities with a vision for its lowest footprint and highest material utilization. Prior to founding SineWatts, Shiba led a commercial solar team which grew revenues 50% year-over-year. Dr. Bhowmik is a Senior Member of the IEEE, has numerous patents awarded and pending and obtained his Ph.D. in Electrical and Computer Engineering from Oregon State University in 1997., Les MoodChief of Public AffairsLes Mood is the Public Affairs Officer of SineWatts, Inc with over 15 years of renewable energy business development experience. He designed and built over 1,000 energy systems prior to utilizing this experience to lead conversations about innovation through content creation. He generates millions of impressions a year and has leveraged this reach to build a robust greentech community. He has since been named a 2023 Top Voice by LinkedIn for technology and innovation.
Bruce Larson, Ph.D.VP-EngineeringBruce is an organizational development and leadership expert driving maximum productivity. He is a veteran of the semiconductor industry with specialization in the design and commercialization of analog and mixed signal integrated circuit products for consumer, enterprise, and industrial electronics markets. Dr. Larson is an inventor on multiple patents with expertise in power management, high-performance analog circuits, high-voltage circuit design and low noise / low power circuits and obtained his Ph.D. in Electrical Engineering and Neural Prosthetics from MIT in 1999.