Syracuse University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business. Today, 870 business schools in over 100 countries—maintain this distinguished hallmark of excellence in management education. Founded in 1916, AACSB International is the longest-serving…
Power on the Go: Innovation Law Center Assists HopLite Power with Commercializing Novel Smartphone Charging Technology
It’s a frustration many can relate to. You’re on the go with your smartphone, juggling business and personal calls and texts, when you suddenly realize you’re low on power. No worries. Just dip into a friendly café with your charger and power up while you are getting coffee’d up. So you reach into your bag for the charging cable….
Enter Hoplite Power, a startup company that has created a remarkable and convenient solution for those inevitable times when you leave home without your charger or when there are no power outlets nearby.
A client of the New York State Science and Technology Law Center (NYSSTLC), part of the Syracuse University College of Law’s Innovation Law Center (ILC), Hoplite Power has developed a smartphone “charge-sharing” system. “Any customer who is low on battery can go to one of our kiosks in network and rent a portable battery pack to charge their phone on the go,” says Co-Founder and Chief Technology Officer Nikolas Schreiber, adding that the kiosks operate in a similar way to a RedBox DVD dispenser or CitiBike bike rental kiosk.
Each kiosk—called a Hoplite Hub—stores, dispenses, re-accepts and automatically recharges Hoplites, which are small, ergonomically designed, universal battery packs for smartphones. These packs can be rented from and returned to any Hoplite Hub in the network.
“This means the customer can then charge when and where they need it, not having to remember to bring a battery or be tied down to an outlet. This system is perfect for high-density and high-value areas such as sports stadiums, live venues and convention centers,” notes Schreiber.
Schreiber recently took time to answer some questions about how NYSSTLC—and specifically second-year law student Viviana Bro and Adjunct Professor Dom Danna, who have assisted Hoplite Power as it commercializes its novel technology.
How did you discover the NYSSTLC/Innovation Law Center and the services it provides businesses and entrepreneurs?
We are working with NYDesigns Incubator, Futureworks, FuzeHub, the Industry Trade Advisory Committee, the Medical Technology Enterprise Consortium, the Manufacturing and Technology Resource Consortium and finally the Clean Energy Business Incubator Program (CEBIP). It was CEBIP that made the direct introduction to the Innovation Law Center and NYSSTLC.
What type of assistance has NYSSTLC provided Hoplite Power?
We were able to consult with NYSSTLC on a full intellectual property (IP) strategy, including prior art, freedom to operate and patentability.
How useful has the NYSSTLC research and proprietary report been for your commercialization process?
The report and work done was quite good. While there were no amazing “aha” moments, it was incredibly assuring to look through some patents and understand that we did have freedom to operate where before we had some concerns.
Not just that. We were encouraged that there might be specific aspects of our technology—especially given a number of unique mechanisms—that could be patented, where, again, we had had our doubts.
Now that you have engaged NYSSTLC, what are the next steps for Hoplite Power?
We have been in the design for manufacturability process for a year now and ideally—in late summer 2019—we are just a few weeks away from our version 2 pilot launch. Following this launch and its success, we plan to follow up by filing additional IP protections, including both design and utility patents. A strong IP and a functioning pilot will allow us to ideally raise capital by the end of the year.
What advice do you have for an entrepreneur looking to commercialize a new technology, based on your experiences so far?
There are so many ways to go with this, but I think one thing that gets lost is proving the product market fit. Your new technology might be cool, but if it does not serve a market need, then it is not a company.
Being able to get into the market quickly and iterating through versions of the product is a very important aspect when building a successful company, regardless of the level of readiness. I know that we have taken too long to perfect things. Getting some test units in the market quickly—even in hardware, where it is very difficult—nevertheless is a driving force to building a sustainable company.