Company: Powerprecise Solutions
Strategic Partner: U.S. Army
Activity: Partnered with the U.S. Army to develop, prototype and productize mission critical battery management systems
Outcomes:
- Delivered over 1 million units to battery and battery system vendors
- Attracted strategic investors, Intel and VentureTech (TSMC), to support commercialization and growth
- Acquired by Texas Instruments (NYSE: TXN) less than 40 months following initial funding