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By Andrew Webb
Of the Albuquerque Journal
QYNERGY HONES BIZ PLAN: The Air Force Research
Lab has tacked an extra $1 million to its $3.1 million contract
with Qynergy Corp.
Rep. Heather Wilson, R-N.M., helped secure the federal appropriation for the
Albuquerque developer of tiny power cells, said Qynergy business development
manager Patricia Knighten. Wilson will visit the firm Tuesday to announce the
additional funding.
The original contract, announced in the summer, was one of the
first for Qynergy. Since August 2002, the company has received
about $4 million in venture funding from In-Q-Tel, a Virginia-based
nonprofit venture-capital fund operated by the Central Intelligence
Agency.
Under the contract, Qynergy is building tiny power cells for
applications in the Air Force Research Lab's Space Vehicles Directive.
The firm, which recently moved from the Corrales area to new
offices at 3,800 Osuna NE, has also recently proven its concept
and is preparing to transition to product development, Knighten
said.
Qynergy's proprietary QynCell technology resembles a solar cell,
which harnesses the energy of photons given off by the sun. In
the QynCell, radioisotopes embedded in a special semiconductor
give off electrons. The device harnesses that energy and transforms
it into useful electricity, which can be used to recharge batteries
in remote wireless sensors and other devices.
The firm aims to produce the systems to power remote sensors
used by military intelligence agencies to detect chemicals, weapons,
intrusions or other threats, Knighten said.
"It literally enables operations that were previously impossible," Knighten
said.
The company is also exploring the possibility of developing its own sensors,
which could be powered by the QynCell technology, she said.
Qynergy, which employs eight, could grow to 12 by the end of
the year, she said.
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