MPOWERD, Inc., who built their name on Micro POWER Designs, is focused on the development of thoughtfully designed, clean technology. Their mission includes the creation of products that empower people with the power of self-reliance. This clean technology can offer a more stable and consistent source of light regardless. While there are an estimated three billion people with access to clean and reliable forms of electricity, the remaining 5 billion are still missing this access. MPOWERD’s technology aims to bridge this gap.
Recently, they have patented the design for their multifunctional solar-powered lighting devices. The device is set up with a rechargeable battery, a microprocessor, and multiple light sources. The housing can be made in any desired shape, for pot lights or adjustable spot lights and so on. A solar panel charges the battery regularly. Since the device does not need any plug-in power source, a portable housing can also be used, allowing solar-powered light on the go. Whether you’re camping or lighting up your patio, these lights are sustainable and convenient.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.