VentureLab Helps Build New Companies from Georgia Tech Research
The two new firms are based on sensor technologies developed in Georgia Tech's Manufacturing Research Center and the Georgia Tech Research Institute (GTRI).
Radatec, Inc. is commercializing radar-based sensor technology for monitoring complex heavy machinery such as gas turbines used for generating electricity. The system, which measures vibration in turbine blades while they are in operation, will cut operational costs by helping equipment owners more effectively schedule costly maintenance and avoid breakdowns.
Qcept Technologies, Inc. is bringing to market patented non-contact sensors able to detect changes in the condition or position of a surface, providing detailed views of surface defects, corrosion and irregularities. Applications include device and thin film coating inspection and monitoring of critical machine components.
Beyond the companies already accepted into ATDC, VentureLab is grooming another ten research innovations, including two more early-stage ventures:
- Vivonetics is developing a unique living cell gene expression system for use in drug discovery, diagnostics and pharmaceuticals.
- Jacket Micro Devices is developing a high performance organic fabrication technology to produce mixed-signal integrated components and systems for wireless consumer electronic devices.