MicroPower Technologies Announces New Funding

MicroPower Technologies Announces New Funding

MicroPower Technologies, Inc.,a provider of wireless surveillance solutions that for perimeter surveillance, announced the closing of a $5.7-million round of new equity financing, which will be used to fund expansion of its product development, sales and marketing activities. Launched in 2008 and recognized for wireless, solar-powered surveillance, MicroPower Technologies has deployed solutions for customers in a wide range of vertical markets across the globe. The company is a graduate of EvoNexus, the business incubator of San Diego-based, high-tech organization, CommNexus.

MicroPower Technologies Announces New Funding“The new round of funding comes at a time when our business has developed significant momentum through customer wins, and it will allow us to invest in further enhancements of our technical innovations and go-to-market strategies,” said Aaron Tankersley, CEO, MicroPower Technologies. “Combined with recent advancements to our product line, the funding puts us in a great position to best serve our existing customers, penetrate new markets and expand operations in the rapidly growing video surveillance market.”

This latest financing round will fund new initiatives targeted at enhancing the product line, expanding use cases and increasing industry partnerships. MicroPower’s surveillance platform delivers the optimal level of pixels on target, defined as the ability to place cameras where necessary without the restrictions and costs associated with wired solutions. To accomplish this, the company designed a completely wireless, power-efficient surveillance camera with integrated solar panels. The system incorporates proprietary wireless technologies to enhance data transmission even in heavily congested environments. Its wireless structure enables quick installation as no cabling or trenching is required, reducing installation times by 90 percent over traditional video systems. Operating at just one half a watt, MicroPower’s MPT2520 camera was designed as a standalone solar-powered video surveillance camera. It is compatible with leading video management solutions such as Milestone and Genetec.

“MicroPower Technologies is in a great position to leverage this investment to propel future growth and business success,” said Jim Brailean Ph.D, managing director, Karmel Capital and a member of the MicroPower Board of Directors. “The company has strong leadership, a focused strategy, terrific customer and partner relationships, and significant momentum in its target market. This funding gives MicroPower the resources to capitalize on its assets and realize opportunities for further growth.”

Featured

New Products

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.