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VoltSafe Media Release – November 22, 2023
VANCOUVER, BC, CANADA – (November 22, 2023) – VoltSafe Inc. is pleased to announce it has secured a $550,000 contract from the Federal Government of Canada for VoltSafe to utilize its patented technology to develop a prongless 125VAC/15A electrical connector. The collaboration is supported by Innovative Solutions Canada (ISC) and Public Services and Procurement Canada (PSPC).
VoltSafe has received significant inbound demand for this specific solution. It is perfectly suited to meet the needs of a wide range of industries from fleets, to emergency services (police, fire, ambulance and hospital), rapid charging for small electric vehicles or vessels, and is a critical first step to making autonomous (uncrewed) vessels and vehicles (on land, sea or air), truly autonomous in every way. Expediting production will address pent up demand for the solution from within residential, commercial, industrial markets, in addition to supporting the needs of Canada’s defence sector.
VoltSafe CEO, Trevor Burgess, remarked on the significance of the sizable contract noting, “VoltSafe is the only team in the world that has successfully commercialized and safety-certified prongless, high power electrical connectors. Our patented technology delivers power just like existing pronged plug designs do (conductively) and is the only credible solution that can simultaneously deliver the social, environment and economic impact the world needs today and in the future. Entities like Innovative Solutions Canada allow companies like VoltSafe to drive hardware innovation, pushing through the barriers of adoption by mitigating significant cost hurdles. Securing this contract demonstrates success in advancing our strategic roadmap amongst the most critical verticals and also advances cleantech solutions in Canada, ensuring Canada remains at the forefront as a global leader in climatetech.”
VoltSafe’s multi-purpose power connector is the world’s first high-power, prongless, smart, magnetic connector that supports 125VAC and up to 15 Amps. The innovation operates through a novel electrical fingerprinting system, which is designed to quickly and safely disengage without any potential damage to the interface, cord set, or the charging infrastructure, enhancing user safety and accessibility.
For inquiries or information regarding investing in VoltSafe Inc., please contact CFO, Scott Carlson, at invest@voltsafe.com.
About VoltSafe Inc.
VoltSafe Inc. is improving 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. 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.