PRESS RELEASE – NOVEMBER, 2016
STRATODYNAMICS AVIATION INC CEO, Gary Pundsack is proud to announce that the STRATODYNAMICS team are finalists in the NASA Space Race Competition with two separate National Aeronautics and Space Administration (NASA) inventions.
In October, 2015, The White House announced its NASA Initiative to encourage the use of federally funded technologies by start-up companies. NASA in collaboration with Bethesda, Maryland based, Center for Advancing Innovation announced the finalists of the Space Race Challenge today.
ON THE CUTTING EDGE OF NEW FRONTIER AVIONICS & TRANSFERS-OF-TECHNOLOGY
Building on CEO, Gary Pundsack’s 15+ years of experience in the renewable energy sector, STRATODYNAMICS will introduce SKYFISH: a compact wind energy kite system for producing electricity designed for the off-grid markets such as South Africa.
The second invention to be licensed to the group is NASA’s sensing and control technology for Unmanned Aerial Vehicles (UAV’s). The technology will be utilized in HiDRON, an unmanned glider capable of high-altitude climate and atmospheric monitoring. The lightweight glider is a tool for climate change mitigation and daily weather monitoring that significantly lessens environmental impacts of current practices. STRATODYNAMICS was not only a finalist in the UAV category, they were named the over-all winner.
Today’s announcement is the culmination of 6 months of research, collaboration and marketing development performing within the rigorous CAI accelerator protocols. STRATODYNAMICS will spend the next few months completing commercial agreements and seeking funding. Commercialization of the lead project is targeted within two years.
For more information on the Space Race Challenge please visit:
http://www.space-race.org/challenge-winners/