DBN Innovation Award winner makes strides

Namibia has an electricity deficit, and by providing a means to assess and manage consumption, electricity savings can be improved.

25 September 2020 | Economics

This specific implementation of these technologies has not been carried out anywhere else in the world. Kamati Hasheela, Founder: Pulsar Electronics.

PHILLEPUS UUSIKU

Winner of the Development Bank of Namibia (DBN) 2019 Innovation Award, Pulsar Electronics, is making strides with a DBN enterprise development and support package that is securing the future of its award-winning business proposal.

Pulsar’s innovative product, known as GridX, offers the twofold benefits of an electricity management device that enables enterprises and households to manage their electricity usage remotely, as well as being a Wi-Fi router.

Pulsar has obtained a patent for GridX that covers both types of functionality. The device is unique globally, says Kamati Hasheela of Pulsar. This specific implementation of these technologies has not been carried out anywhere else in the world, he added.

Of particular importance to the panel of judges on the DBN Innovation Award was the ability to manage electricity consumption. Namibia has an electricity deficit, and by providing a means to assess and manage consumption, electricity savings can be improved.

As a meter, GridX offers power producers, distributors and users the ability to collect information through wireless technologies such as 4G, 3G, and fiber. For home users, the GridX user will be able to remotely transmit their electricity tokens to the meter and remotely turn geysers on and off to make substantial electricity savings.

Homes using GridX will also have internet access, as well as a local area network (LAN) that allows internet access for multiple devices in the home. Power producers and distributors that are exploring internet access as an addition to their business models will be able to benefit from this.

GridX is attracting interest in the region, and Pulsar has signed co-development partnership agreements with local start-ups in Angola, Botswana, and Zimbabwe. The company is leveraging technical expertise in the SADC to collaboratively produce a solution that is customized for regional needs. A pilot programme is expected to prove the benefits of the device.

Mentorship

Pulsar has been placed on the DBN Mentoring and Coaching Programme and work is progressing.

Although global events caused various delays in the project supply chain, the project is on track to complete the functional prototype and bankable business plan in the second half of 2020. The team has finalised development of the electronics and started regulatory approval procedures with STS in South Africa.

Pulsar is receiving Development Bank support to finalize product development, optimize the cost of production, develop and execute a product marketing plan, develop a product revenue model, and to assist in the creation and presentation of product packaging.

In August 2020, Pulsar went on to win the Namibian Nations of the Entrepreneurship World Cup, a competition to bring together startups from 190 countries to compete on an international stage. Pulsar will represent Namibia in the finals held in Riyadh Saudi Arabia later this year. It is also seeking additional capitalization to bring the product to market.

Hasheela’s advice to innovators is to prioritize creating a team of individuals based on merits and competency in the task that they will be contributing to the project. An idea is great but means very little without the team to carry out the implementation, he says.

Hasheela concludes by thanking the Development Bank of Namibia and local partners, who through their early assistance have been able to support the development process of the device. – [email protected]

Similar News

 

'Much more decisive' action needed with debt

13 hours ago | Economics

The head of the International Monetary Fund on Sunday called for significant steps to address the increasingly unsustainable debt burdens of some countries, urging creditors...

'I feel the wind behind my back'

13 hours ago | Economics

Geneva - Nigeria's Ngozi Okonjo-Iweala voiced confidence Friday in her quest to lead the crisis-wracked World Trade Organisation after all of Africa backed her candidacy,...

China's recovery quickens

13 hours ago | Economics

China stepped up its economic recovery in the third quarter from the coronavirus shock but missed forecasts, pointing to continued challenges for one of the...

1nvest gold, platinum ETFs list on NSX

1 day - 19 October 2020 | Economics

Staff Reporter - Specialist index tracking fund provider 1nvest, a collaboration between Standard Bank, Liberty and STANLIB, on Friday announced the listing of its gold...

Minister interferes in debt management

4 days ago - 16 October 2020 | Economics

The minister of urban and rural development, Erastus Uutoni, has directed the Rundu Town Council to cancel its agreement with the Red Force Debt Management...

G20 'falls short' on relief extension

4 days ago - 16 October 2020 | Economics

Anuj Chopra - G20 nations announced a six-month extension Wednesday to a debt suspension initiative for poor countries ravaged by the coronavirus pandemic, falling short...

Fate of Brexit talks hangs in balance

4 days ago - 16 October 2020 | Economics

Dave Clark - European leaders met yesterday seemingly determined to resist pressure from prime minister Boris Johnson to give ground in post-Brexit trade negotiations.The 27...

‘Oil prices won’t plunge again’

4 days ago - 16 October 2020 | Economics

London - The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November,...

Positive growth expected by mid-2021

5 days ago - 15 October 2020 | Economics

Namibia’s economy is expected to rebound to a positive growth only by mid-2021, Bank of Namibia deputy director of macro models and financial stability, Postrick...

Opuwo Town Council suffers losses

5 days ago - 15 October 2020 | Economics

The demand for water supply at the Opuwo Town Council (OTC) to especially the informal settlements has resulted in the loss of more than N$...

Latest News

‘No need’ for Geingob to...

13 hours ago | Government

JEMIMA BEUKES WINDHOEKSwapo spokesperson Hilma Nicanor has leapt to the defence of President Hage...

Girl (3) raped by uncle

13 hours ago | Crime

ELLANIE SMIT WINDHOEKThe rape of a three-year-old girl by her 49-year-old uncle at Mariental is among the latest sexual attacks on children...

Young, Wild and Free Nikhita

13 hours ago | People

Ester Kamati “I am unique because my journey is unique, my experiences in life, my thoughts, my words, and my actions make me unique.”Known for...

'Much more decisive' action needed...

13 hours ago | Economics

The head of the International Monetary Fund on Sunday called for significant steps to address the increasingly unsustainable debt burdens of some countries, urging creditors...

Etosha fire still raging

13 hours ago | Disasters

ERWIN LEUSCHNER SWAKOPMUND After more than a week, a fire in the Etosha National Park is still raging. The fire has destroyed a...

Celebrate cancer awareness month

13 hours ago | Opinion

As we celebrate Cancer Awareness Month, My Zone visited Delta High School and asked the learners what they know about breast cancer and what they...

Democratic regime change is permissible

13 hours ago | Opinion

President Hage Geingob drew wrath in some quarters when he tore into white Namibians who, in his own words, are deserting Swapo and essentially plotting...

The price of envy

13 hours ago | Columns

Octavia TsibesWhat is it about people that makes it hard for us sometimes to feel happy for others? We want to be good friends, good...

As we celebrate Cancer Awareness...

13 hours ago | Opinion

Corlia LiebenbergBreast cancer is a type of cancer that occurs in the breast tissue and lymph nodes of females and males. You could assist a...

Load More