Building a device to test wind speed

Wednesday, 12 December, 2012

An $800,000 grant from Commercialisation Australia will help NSW company Fulcrum3D to commercialise a device for remotely measuring wind speed at altitudes of up to 300 metres.

Targeted at the global wind energy industry, Fulcrum3D’s compact-beam sound detection and ranging (SODAR) technology allows wind speed measurements in three dimensions. It is said to provide a lower cost and more accurate alternative to conventional measurement systems to assist wind farm planning and management.

The Early Stage Commercialisation grant will be used by the North Sydney-based company to bridge the gap between current prototypes and commercially available products by demonstrating the value proposition to customers in three distinct market segments.

The latest funding from Commercialisation Australia means a total of 360 participants have been provided with $142.1 million in assistance since January 2010.

“Commercialisation Australia is supporting numerous Australian businesses and innovators working to bring their ideas to market,” said Commercialisation Australia CEO Doron Ben-Meir.

“We provide essential funding and crucial guidance that helps innovators navigate the path to successful commercialisation so that the economic benefits flow through society creating new jobs, new industries and higher productivity. Our dedicated case managers and extended network provide the timely advice and key insights participants need to enhance their prospects of commercial success.

“We help businesses move to a stage where they can attract commercial investment or simply generate revenue to achieve business viability.”

For more information about the program, visit www.commercialisationaustralia.gov.au.

Related News

Diverse battery technologies trialled in remote WA

ARENA will supply $2.85 million in funding to trial two novel long-duration batteries at remote...

Ballarat aims for 100% renewable energy

Committee for Ballarat has joined forces with more than 20 of Ballarat's largest businesses...

Printed flexible solar cells expand possibilities for photovoltaics

The portable cells can be used in construction, mining, emergency management, disaster relief,...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd