Brief Overview
Midlands Scientific is a startup focused on developing alternative energy solutions for the Internet of Things (IoT) through energy harvesting (EH) and wireless power transfer (WPT). These technologies eliminate the need for traditional battery storage by converting ambient energy into usable electricity and enabling remote power delivery. The company specializes in scientific instruments and industrial ICT solutions, particularly in wireless sensor networks (WSN) and IoT applications. Its innovations have the potential to reduce reliance on lithium-ion batteries, lower costs, and minimize environmental impact.
Key Milestones and Achievements
- Prototype Development: Successfully created lab-scale prototypes for energy harvesting and wireless power transfer technologies.
- Technology Readiness: Plans to fabricate and test 10+ new radio frequency energy harvesting (RFEH) lab prototypes.
- Industry Impact: Aims to integrate RFEH technology into IoT and WSN devices, reducing costs and revolutionizing power supply in ICT applications.
- Job Creation: plans to create 20 jobs within the company, with potential for 20+ additional jobs across the value chain.
- Commercialization Plans: Targeting commercialization within two years, with industrial-scale prototypes and market validation.
- Projected Revenue Growth: Expected first-year turnover of $67,000, with a net profit of $25,900.
Ownership
Dr Action Nechibvute
Mr Nicholas Taruvinga
Mr Harry Mafukidze
Midlands State University (30%)
Expenditure incurred to Date
Revenue Generated to Date