North Dakota Patent of the Month – September 2023
BWR Innovations, LLC is focused on combining IoT technologies and their proprietary fuel cell technology to bring efficiency to any industry. Recently, the company has been granted a patent for their novel electrical power generating system. This system is designed to provide safe, efficient, and adaptable backup, emergency, or supplemental AC power.
At its core, the electrical power generating system incorporates a fuel cell unit and an electrical storage unit. The fuel cell unit boasts a first DC output, while the electrical storage unit is equipped with a second DC output. These outputs are seamlessly integrated into an inverter, resulting in a first AC output.
What sets this system apart is the intelligent use of a contactor, strategically connected between the first AC output and an AC load bus with its own AC voltage. A cutting-edge controller takes the reins, carefully monitoring the frequency and magnitude of the AC output and the AC voltage. When the relationship between these parameters aligns, the controller triggers the contactor, establishing a crucial connection with the AC load bus.
The controller is equipped to communicate with a remote computing device, facilitating seamless control and monitoring. Whether it’s adjusting frequencies, activating or deactivating connections, or providing real-time insights into operating conditions—the possibilities are limitless.
BWR Innovations’ design incorporates multiple fuel cell units and electrical storage units, allowing for even greater flexibility and scalability in power generation. This scalable approach ensures that the system can adapt to varying power needs efficiently.
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.
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The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
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