Sensible Photonics Secures Exclusive Licenses with NETL and Pitt, Expanding IP Portfolio and Market Reach

Pittsburgh, PA - September 29, 2024 - Sensible Photonics has entered into exclusive license agreements with the National Energy Technology Laboratory and the University of Pittsburgh, securing access to more than 10 patent matters in the field of fiber optic sensing for critical infrastructure. These recent licensing events mark a major step forward in our mission to provide low-cost, high-performance sensors for critical infrastructure applications, including energy storage systems and distribution transformers.

Exclusive License with NETL (2023)

In the summer of 2023, Sensible Photonics executed an exclusive license agreement with the National Energy Technology Laboratory (NETL), securing foundational intellectual property that serves as a key enabler for our sensor technology. This IP aligns with our development of cost-effective fiber optic sensors that are ideally suited for use in transformer and battery applications—two of our core markets.

Technology obtained from NETL enhances the performance and affordability of Sensible Photonics sensors for real-time monitoring of key parameters, and lays the foundation for new markets where demand for real-time, reliable monitoring is growing rapidly.

Exclusive License with Pitt (2024)

Building on momentum from 2023, Sensible Photonics executed an additional exclusive license in the summer of 2024 with the University of Pittsburgh (Pitt). The new IP is instrumental in reducing the cost of our sensors while enhancing functionality across a broader range of applications, particularly in transformers and batteries.

The IP licensed from Pitt also introduces novel concepts related to sensor interrogation, communication, and power. These innovations promise to open new doors for Sensible Photonics, enabling us to design more intelligent, self-sustaining sensors capable of communicating critical data in real-time with minimal energy consumption. This technology will be especially valuable in future applications for large-scale monitoring applications on the electric power distribution system.

Award-Winning Technologies

Sensible Photonics along with collaborators from National Energy Technology Laboratory and University of Pittsburgh were awarded back-to-back R&D 100 awards in 2023 and 2024 for technologies licensed through these exclusive agreements.

About Sensible Photonics Inc.

At Sensible Photonics Inc., we are dedicated to envisioning a world free from catastrophic power equipment failures through our advanced optical fiber monitoring solutions. Our innovative technology, developed over more than a decade through collaborations with the University of Pittsburgh and the National Energy Technology Laboratory (NETL), offers early detection of potential failures in critical grid assets such as distribution transformers and energy storage systems. Recognized with prestigious awards including the R&D 100, CalTech Rocket Fund and ARPA-E, our solutions provide a comprehensive sensing platform that delivers real-time insights into temperature, chemical, and strain conditions. Designed to reduce risks and enhance operational efficiency, our simplified fiber optic sensors are ideal for monitoring distribution transformers and energy storage systems, ensuring a more reliable and safer energy infrastructure. Based in Pittsburgh, Sensible Photonics is committed to advancing technology that supports the longevity and health of energy systems, enabling utilities and industries to operate with greater confidence and reduced risk.

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