Commercialisation firm Frontier IP launches solar technology spin-out from Plymouth University.
PulsiV Solar, a solar panel firm, has been spun-out from Plymouth University with assistance from commercialisation firm Frontier IP.
Frontier, which has commercialisation partnership agreements with the universities of Dundee, Plymouth, and Robert Gordon, will take a 21% stake in PulsiV as well as Frontier chief executive Neil Crabb joining the spin-outs board of directors.
PulsiV is commercialising solar panel technology developed at Plymouth. Early tests show that the photovoltaic panels it is bringing to market have up to a 20% power gain versus traditional solar panels.
Crabb said: “Early results suggest that PulsiV Solar’s technology has the potential to materially improve the economics and efficiency of photovoltaic solar power generation and we look forward to working with the new company as it moves into commercialisation.”