Energy Dense Power Systems Enters Into Strategic Partnership With Stanton Park Group
COLLEGE PARK, Md., May 27 /PRNewswire-USNewswire/ -- Energy Dense Power Systems LLC, a company developing innovative, "green," high-energy, battery-based power management product solutions, today announces it has entered into a strategic partnership with Stanton Park Group LLC, a bi-partisan federal affairs consulting firm offering first-hand knowledge of Washington politics and the legislative process.
"Through this partnership with Stanton Park Group, we are gaining experience with and access to strategically advantageous levels of the federal government, from appropriations committees to the U.S. Department of Defense, Special Operations Command, and related entities," says Christopher Donavin, CEO of EDPS. "This relationship with a lobbying firm effectively levels the playing field when we are competing against established providers."
Founded in 2008, College Park, Md.-based EDPS, a privately held company, builds and sells light-weight, energy-dense, intelligent battery packs that allow an end user to greatly extend the operation of portable equipment or allow equipment to run indefinitely with wind, solar, generator or grid recharge.
EDPS' products combine arrays of lithium-ion (or other advanced chemistry) battery packs with the company's proprietary power management system to safely and efficiently store and release energy. EDPS' technology provides a scalable, building-block architecture, allowing them to quickly power almost any electronic or electro-mechanical device with battery packs.
EDPS can provide a kilowatt of power from a lunchbox-sized battery pack that weighs only 25 pounds, according to Donavin. That pack can replace 100 pounds of lead acid batteries. Plus, it can be recharged through solar panels or wind turbines, which EDPS also provides, enabling customers to remain off the conventional power grid indefinitely.
"Partnering with Energy Dense Power Systems was a smart business decision," says JD Derderian, managing partner for the Stanton Park Group. "The company is already selling its product to what is, in essence, a 'Who's Who' list of American companies. Although in business for just two years, EDPS' client list already includes military end users, commercial clients, and major Fortune 500 integrators."
EDPS is the only U.S. company capable of safely multiplexing energy-dense, lithium-ion, SMBus cell packs that meet the U.S. and United Nations criteria for transport as non-hazardous material, according to Donavin. The batteries can be safely disposed into any municipal waste stream.
EDPS' battery packs range in size and power provided from 300W hours to 50 kW hours. The company's scalable and programmable power management system contains sensors, intelligence, communications, self-diagnostics, status reporting and control capabilities. Each battery block is designed to protect itself and operate autonomously if communications with other modules fail.
The company's intelligent battery system also acts as a power conditioner or uninterruptible power supply and protects the battery packs and powered equipment from harm should they be connected to a conventional power grid providing unregulated or "dirty" power.
EDPS was selected as one of three finalists for the Tech Council of Maryland's Emerging Company of the Year Award during TCM's 22nd Annual Tech Awards ceremony on May 13. More than 40 companies were nominated, according to Donavin.
In addition to its main office in Owings, Md., EDPS is also located at the Maryland Technology Enterprise Institute (Mtech) Technology Advancement Program incubator at the University of Maryland. EDPS employs six persons.
About Energy Dense Power Systems (www.energydensepowersystems.com)
EDPS is a privately held company established to develop unique, energy-dense, battery-based power systems incorporating their intelligent programmable power management technology. Our products today have been integrated into a variety of applications in the scientific, military, marine, and telecommunications industries. We are providing safe, light-weight, powerful battery applications that greatly extend the operational capability of almost any electronic or electro-mechanical device. With the availability of talented engineers and skilled manufacturing contractors, EDPS provides a solid resource base for continued innovation and growth.
About Stanton Park Group (www.stantonparkgroup.com)
The Stanton Park Group is a bi-partisan federal affairs consulting firm offering first-hand knowledge of Washington politics and the legislative process. Team members are strong advocates for industries dedicated to removing barriers to competition in the marketplace and the advancement of science and technology. These principles form the foundation for economic progress and responsible public policy. The Stanton Park Group seeks to forward these ideals in pursuit of our clients' interests.
About Mtech's Technology Advancement Program (TAP) (www.tap.umd.edu)
For over 20 years, TAP has helped entrepreneurs build some of the most successful technology companies in the mid-Atlantic region. TAP's staff is comprised of seasoned veterans of startups and venture capital firms who provide business advice and support, market intelligence, introductions, access to funding and other critical assistance that can accelerate the growth of technology ventures. TAP offers furnished offices and flexible lab space as well as a multitude of other benefits and services that can only be found at a technology business incubator situated right on the campus of one of the nation's top public universities, the University of Maryland. TAP was the first technology business incubator in the state of Maryland and is the birthplace of two of Maryland's billion dollar companies: Gaithersburg-based Digene Corporation (now part of Qiagen) and Columbia-based Martek Biosciences.
SOURCE Maryland Technology Enterprise Institute