SkyBuilt Power Press Releases
In-Q-Tel Announces Strategic Investment In Skybuilt
Power To Develop Mobile, Renewable Energy Power Stations
Arlington, VA; October 18, 2005. SkyBuilt
Power, an energy solutions company, announced today it has
signed a strategic investment and development agreement with
In-Q-Tel, a private venture group established by the U.S. Central
Intelligence Agency (CIA), to develop innovative, mobile, renewable
energy power stations.
“SkyBuilt Power provides innovative energy solutions
with the potential to help meet a wide variety of critical
government and commercial power needs,” said Gilman Louie,
president and CEO of In-Q-Tel. “In-Q-Tel's portfolio
is made up of innovative and critically important commercial
technologies that can address the most difficult technology
challenges faced by both commercial enterprises and the national
security community. SkyBuilt Power's proprietary technology
offers great promise for leading edge applications for customers
in the government and private sector."
SkyBuilt has developed rugged, rapidly
deployable, plug and play, low maintenance, and mobile, energy
Systems that can use any combination of commercial solar,
wind, micro-hydro, diesel, and other energy sources. According
to Bill Buck, SkyBuilt's chairman, “SkyBuilt's power
Systems can provide power with no fuel. They can be used
for backup power, remote telecom power, an emergency operations
center for disaster relief teams, water pumping, a mobile
medical clinic to refrigerate medicines in developing countries,
infrastructure security, village grids, border patrols or
a classroom with internet service.”
One of SkyBuilt's innovative Systems
is the Mobile Power Station TM (MPS), the world's first plug
and play, modular, containerized, mobile power system, with
over 100 patent claims filed for its revolutionary drop and
operate design. “The
PC revolutionized the computer industry and made computers
mobile and plug and play. Now the MPS can do the same thing
for renewable and other energy Systems,” according to
David Muchow, President and CEO of SkyBuilt.
The MPS sets up in hours and is a complete
power system prepackaged in a standard freight container
that can be shipped easily worldwide by sea, air, truck and
rail. SkyBuilt's vice president, Scott Sklar noted that, “the MPS operates in any climate,
needs no fuel, is very low maintenance, rugged, and can be
remotely controlled. It can provide power from 3.5kW to 150kW
or more at much lower fuel and maintenance costs than traditional
fuel-based Systems. It can use any combination of off the shelf
components and provides more reliable power than most other
Systems on or off the power grid — and, the MPS can run
for decades with relatively little maintenance.”
About SkyBuilt Power
SkyBuilt
Power provides simpler, smarter, and more reliable energy solutions
for military, homeland security, and commercial power needs
worldwide. SkyBuilt's team includes experts in solar, wind,
fuel cells, batteries, electricity, fossil fuels, engineering,
telecommunications, law, utility and energy regulation, and
other disciplines to provide better energy solutions. www.SkyBuilt.com
.
About In-Q-Tel
In-Q-Tel is a private, independent,
not-for-profit venture group established by the CIA. Launched
in 1999, In-Q-Tel's mission is to identify and invest in companies
developing cutting-edge information technologies that serve
United States' national security interests. Working from
an evolving strategic blueprint that defines the Intelligence
Community's critical technology needs, In-Q-Tel engages with
entrepreneurs, established companies, researchers and venture
capitalists to deliver technologies that pay out in superior
intelligence capabilities for the larger Intelligence Community. Learn
more at www.in-q-tel.org .
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