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Michal Vakrat Wolkin CleanTech Open 2014

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Michal Vakrat Wolkin CleanTech Open 2014

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Michal Vakrat Wolkin CleanTech Open 2014

  1. 1. Success Factors in Leading Edge Technologies Lesson Learned in Innovation in Clean Tech Dr. Michal Vakrat Wolkin Dr. Michal Vakrat Wolkin michal@vakrat.com
  2. 2. •Innovation is NOT necessarily an invention, a scientific discovery, or a math proof… Innovation is the Process of Changing the world… What innovation is all about?... Dr. Michal Vakrat Wolkin michal@vakrat.com
  3. 3. Invention or innovation? •Silicon can emit red to blue light in the nano scale •Michal Vakrat Wolkin, Physical Review Letters, 82, 197 (1999) •Intel and Corning are developing a new optical interconnect technology capable of 1.6 terabits per second. Optical based computing…. Invention Innovation
  4. 4. Clean Tech innovation challenges… Dr. Michal Vakrat Wolkin michal@vakrat.com •We have to solve great challenges of our society, provide clean water, sustainable energy, build infrastructures in emerging economies, and move into oil independence Quantum Dots Turbine blades Electron Value Cellulosic bio mass Efficient power Wider adoption
  5. 5. Innovations happen everywhere… How do companies succeed in innovations? … Innovation isn't a cooperate phenomena …
  6. 6. 1. Subject matter expertise is not a must… Dr. Michal Vakrat Wolkin michal@vakrat.com Tesla Model S Best practices for success… “More positive change , less incremental improvements…”
  7. 7. 2. Can do vs. Can’t do culture… Dr. Michal Vakrat Wolkin michal@vakrat.com 1876: Alexander Graham Bell makes the first telephone call in his Boston laboratory Imagine the future…
  8. 8. Dr. Michal Vakrat Wolkin michal@vakrat.com Innovation = Keep Trying… Take a risk…. Innovations in Batteries for Electric Cars 2. Can do vs. Can’t do culture… •Battery in 2009; (Range <100 km, Price> 1000$/KWh) •Battery in 2014; (Range: >300km, Price <300$/KWh) •Tesla’s Giga battery factory
  9. 9. 3. Thinking Inside the box … (as opposed to Outside the Box) Defining the box is key, innovations come from practical solutions oInstagram oTesla
  10. 10. 4. Business Un- usual… Dr. Michal Vakrat Wolkin michal@vakrat.com Kickstarter Distorting usual ways, changing fundamental economics
  11. 11. 4. Business Un- usual… Dr. Michal Vakrat Wolkin michal@vakrat.com oCollaborations Future energy storage system Lunar Lander Moon express oCompetitions NASA’s Innovation Strategy:
  12. 12. 5. Going Nano (Materials & Fabrication) •Making high quality things at lower prices •Printing materials •Making Sensors Dr. Michal Vakrat Wolkin michal@vakrat.com
  13. 13. 6. Making new rules in clean tech… •Community/commercial energy storage (Solar City) •Shared energy economy / Electron’s economic value (NREL) •Charging cars instead of fueling cars (ChargPoint) •Safe nuclear fusion (Helion) Dr. Michal Vakrat Wolkin michal@vakrat.com Helion Energy wins energy generation category at Cleantech-Open 2013
  14. 14. (Xerox) PARC Innovation Center Dr. Michal Vakrat Wolkin michal@vakrat.com •D. De Broyker, M.Vakrat Wolkin, Et al, • PNAS 101, 9517 (2004), and 6 issued patents Windows (Steve Jobs) Mouse Nano-litter Chip for Drug discovery Flexible electronics
  15. 15. NASA’s Centennial Challenges •Engage the public in the process of advanced technology developments •Incentive prizes to generate revolutionary solutions Latest challenge 2012; • “The Night Rover Challenge” catalyzes bold advances in energy storage technologies for Space Rovers Dr. Michal Vakrat Wolkin michal@vakrat.com
  16. 16. The mission: •Portable energy storage system through several lunar daylight and darkness The process: •Steering committee defines the technical spec •Challenge is advertised to the relevant research communities •Concept submission deadline and review (6 months) •Teams submit applications (1 year development) •Start of trials and Testing at NASA Glenn Judging criteria: •Mass, Volume, Energy content Status Update: •In most cased…. No winning technology… $1.5M prize purse The Night Rover Challenges Dr. Michal Vakrat Wolkin michal@vakrat.com
  17. 17. Gates Foundation Gates challenges: extreme poverty , poor health in developing countries, America’s education system Dr. Michal Vakrat Wolkin michal@vakrat.com Innovations Success factors: collaborations, unlimited funding, focus on project management, good cause
  18. 18. Second Life EV Batteries for irrigation systems Irrigation systems improve diet and income in rural sub-Saharan Africa Dr. Michal Vakrat Wolkin michal@vakrat.com + Battery solar
  19. 19. Summary •While the challenges are huge, we are able to solve them thinking creatively… •“Don’t just go for safe project, take on the really tough problems.” Warren Buffett •Israel is a hub for those “smart and young” engineers that can break the rules… so go find your collaborators …. and innovate… Dr. Michal Vakrat Wolkin michal@vakrat.com

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