On the 21st of January 2020 Feonic will be exhibiting the Powercell Sensor at the DfT Rail Innovation Exhibition at 133 Houndsditch, London.
Name of project: Feonic Hybrid Powercell Sensor
INNOVATE UK funding accelerated Feonic’s Powercell-Sensor (FPS) programme towards testing readiness. Patented worldwide, solid-state, easy-fit FPS’s harvest power from journey-critical train components, wheel-bearings, traction-motors etc, recording and autonomously reporting conditional change to predict and prevent catastrophic failure.
Grant type: Acceleration Innovation in Rail 5
Innovate Investment amount (Lead): £88,555.00 1st Feb 2018 31st Jan 2019
NewCo Start-up: Feonic Vibration Technology Limited
Background effort: 10 man-years of NPD effort
Intellectual property: 12 granted patents UK, EU, USA, Japan & China
Internal Investment to date: > £250,000
External support
- Innovate UK: Grant funding of £88,500
- USA Government: SBIR 190 FRS, Traction motor monitoring. Phase 1 award, part funded, not yet started
- Network Rail: Ride Comfort for Passengers study – possibly part funded- not yet started
- Seed Funding through loan notes: £200,000 (min £165,000)
- Total Investment required: £3.6m
- Purpose of funding:
- Part fund the test programme confirms project validity in USA, China & UK
- Embed Artificial intelligence onto the core processor
- Achieve ATEX explosion proof compliance
- Productionise the product using our existing supply chain
- Establish a reliable source of the smart-material in the UK
- Enter second market vertical in industrial pump and valve monitoring