Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

9.25p
   
  • Change Today:
      0.60p
  • 52 Week High: 17.00
  • 52 Week Low: 6.25
  • Currency: UK Pounds
  • Shares Issued: 198.19m
  • Volume: 809,630
  • Market Cap: £18.33m

Tekcapital acquires energy-harvesting technologies

Date: Monday 29 Jun 2015

LONDON (ShareCast) - Tekcapital, which provides technology and intellectual property services, said on Monday that it has acquired the licencing rights to two technologies that are intended to enable the commercialisation of energy harvesting from human movement to power mobile technologies.
The company has acquired the exclusive worldwide rights to a piezoelectric electro-mechanical device from the University of Michigan with patents pending. The device can be incorporated into footwear, apparel, sporting goods and recreational equipment to harvest the energy generated through vibrations.

The device itself is particular in that it combines principles of micro electro-mechanical systems originally designed to capture the energy generated by the vibrations of a beating heart, in order to charge the battery of a pacemaker implant, said Tekcapital.

In addition, the company announced that it has acquired the exclusive worldwide licence to a patented rectifier-free, energy harvester/battery charger circuit from the Georgian Tech Research Corporation.

Executive chairman Dr Clifford M Gross said: "We are excited to have acquired the exclusive licenses to these complementary technologies for generating power from human motion, in line with our corporate strategy of acquiring the licensing rights to compelling, early stage technologies and partnering with global OEM companies for commercialisation.

The directors believe that together these technologies could help form an ecosystem for the generation of continuously available power for portable and wearable electronics, with the potential for market adoption across multiple sectors via out-licensing. As such, we are seeking to position ourselves to be at the forefront of the technology revolution which seeks to enable people to charge their mobile devices from simply moving."

No financial details were given.

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Tekcapital Market Data

Currency UK Pounds
Share Price 9.25p
Change Today 0.60p
% Change 6.94 %
52 Week High 17.00
52 Week Low 6.25
Volume 809,630
Shares Issued 198.19m
Market Cap £18.33m

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.17% above the market average23.17% above the market average23.17% above the market average23.17% above the market average23.17% above the market average
53.09% above the sector average53.09% above the sector average53.09% above the sector average53.09% above the sector average53.09% above the sector average
Price Trend
56.18% below the market average56.18% below the market average56.18% below the market average56.18% below the market average56.18% below the market average
60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average
Income Not Available
Growth
17.12% below the market average17.12% below the market average17.12% below the market average17.12% below the market average17.12% below the market average
27.06% below the sector average27.06% below the sector average27.06% below the sector average27.06% below the sector average27.06% below the sector average

Tekcapital Dividends

No dividends found

Trades for 16-May-2024

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16:22 15,811 @ 9.43p
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16:17 2,608 @ 9.43p

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