VoltSafe Inc. Collaborates with Menlo Microsystems, Inc. to Develop the Most Advanced Smart Electrical Outlet and Connector

VANCOUVER, BC & IRVINE, CA – (November 15, 2022)
– VoltSafe Inc. today announced a strategic partnership with Menlo Microsystems, Inc. (Menlo Micro) to expedite bringing VoltSafe’s flagship technology to market in the sleekest embodiments possible. Both companies are strong proponents of advancing how the world connects to electricity and the combination of Menlo Micro’s Ideal Switch technology with VoltSafe’s advanced smart electrical outlet and connector enables the future of next-gen smart power connectivity.

Seeing deficiencies in existing relays and switches that caused the products they operated to be bigger, slower, less capable, or more expensive, Menlo Micro set out to create a better solution and developed Ideal Switch – the greatest electronic component innovation since the transistor. The Ideal Switch is a device that delivers all the benefits of a mechanical relay and a semiconductor switch, with no compromises. It is tiny, fast, reliable, withstands extreme temperatures, is ultra-low loss and can handle 1,000s of watts. Menlo Micro in March announced its $150 million USD Series C, bringing its total cumulative funding to over $225 million USD. Tony Fadell, Principal at Build Collective and Vertical Venture Partners, led the round. Menlo Micro’s confidence in VoltSafe’s disruptive technology, paved the way for this early collaboration.

“Our goal is to innovate and empower our partners to disrupt the traditional world of relays and switches,” said co-founder and SVP WW Marketing, Chris Giovanniello. “With our Ideal Switch technology, we are committed to delivering the best and highest performance switching technology to create a more energy efficient and sustainable world, with an entirely new category of electronic switches. We look forward to working with VoltSafe to help the entire electrical ecosystem unlock the promise of next-gen smart power connectivity.”

VoltSafe is rapidly expanding into multiple verticals and working with Menlo enables VoltSafe to produce even more sleek embodiments with faster, thinner switches and optimal GHG emission reduction features. “Integrating Menlo technology into our product embodiments will elevate the efficiency of our connector solutions, allowing us to create even thinner, smarter outlet systems than ever before. We’re working extremely hard, co-developing a pilot project for a major reveal in the short months ahead,” noted VoltSafe CTO, Sanad Aridah.

For inquiries or information regarding investing in VoltSafe Inc., please contact CFO, Scott Carlson, at invest@voltsafe.com.

About Menlo Micro 

Menlo Micro is on a mission to create a more energy efficient and sustainable world, with an entirely new category of electronic switches. The Ideal Switch eliminates compromises and tradeoffs by combining the benefits of electromechanical and solid-state switches into the best of both worlds. Menlo is bringing more than 99 percent reductions in size, weight, power, and cost to dozens of industries such as medical, aerospace and defense, telecommunications, consumer electronics, industrial IoT, and test and measurement. For more information, visit menlomicro.com or follow the company on LinkedIn and Twitter.

About VoltSafe Inc.

Fearless creators, obsessed with progress, VoltSafe Inc. is changing the way people connect to power. Headquartered in Vancouver, BC, the Canadian tech startup has reinvented the electrical plug by eliminating prongs, adding magnets and an “electrical fingerprint”. Using patented technology, VoltSafe has created the world’s safest, simplest, and smartest plug design since electricity came into homes more than 140 years ago. In 2018, VoltSafe successfully pitched on CBC’s Dragons’ Den, receiving three offers above ask and won the BC Cleantech Newcomer award at GLOBE Cleantech 2020 along with other accolades to date. The company’s first certified product to market, VoltSafe Winter (a magnetic extension cord for engine block heaters), is on store shelves in numerous big box retailers across Canada and the USA. The company’s product pipeline includes magnetic plug replacement solutions for household, commercial, industrial, marine, electric and autonomous vehicles, emergency services, data centres and more.