January 7th, 2009
Kinetic energy upstart taps experienced CEO
Looks like M2E Power is moving forward with its plans to begin commercializing renewable energy devices that draw on the power of kinetics. The company has tapped a new CEO and president, former Virent Energy Systems CEO Eric Apfelbach, to help lead it into the next phase of its existence. Apfelbach’s resume includes leadership stints at Virent, where he negotiated relationships with big companies like Shell, Honda and Cargill, and at Planar Systems, Applied Materials and Mostek.
M2E is developing technology that harnesses kinetic movement (walking, running, etc.) and magnets (the Faraday principle) to capture energy that could power mobile phones, digital audio players, personal digital assistants or digital cameras. Here’s the latest about some of the commercial products it is planning. Most of the operation’s energy to date has been on military applications.
Heather Clancy is an award-winning business journalist in the New York area with more than 20 years experience covering the high-tech industry. See her full profile and disclosure of her industry affiliations. See her full profile and disclosure of her industry affiliations.
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