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    Date submitted
  • 10-Mar-2017

Spectrafy

Abstract

Spectrafy is building the future of solar and atmospheric measurement.

The solar, weather and agricultural industries are increasingly demanding the highest quality of solar and atmospheric data - data that has historically required multiple, highly expensive instruments to obtain.

To meet this need, Spectrafy has developed the SolarSIM – a line of solar spectral sensors that combine simple, rugged hardware and advanced analytics to make it easy and affordable for our customers to get all the data they need.

With products deployed at dozens of sites across the globe, including Tier 1 solar and meteorological companies, Spectrafy is at the forefront of providing the green economy with the big data it needs at prices it can afford.

Spectrafy. Everything under the sun.

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Additional Questions

Who is your customer?

We sell to solar panel manufacturers like First Solar and Morgan Solar. We sell to meteorological integrators like Geonica and Vaisala. We sell to national research labs like NREL and INES. We sell to universities like uOttawa and UNSW.

What problem does this idea/product solve or what market need does it serve?

The solar industry increasingly requires advanced solar spectral and atmospheric data in order to reduce the uncertainty of PV performance predictions and PV plant O&M monitoring. Historically this data has required very expensive sensors, not well suited for industrial deployment. Spectrafy's SolarSIM sensors enable measurement of advanced solar spectral and atmospheric data in a single, compact, affordable and easily deployed device.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

The SolarSIMs require 2-10x lower capex, 5-10x lower opex, use 50-200x less power, 100x less bandwidth, are 10-50x lighter, are easier to install and employ more user-friendly software than competitor products. The SolarSIMs make it, for the first time, easy and affordable to obtain solar spectral and atmospheric data in an industrial setting.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

Spectrafy's products take a fundamentally different approach as compare to the competition by using advanced software to eliminate complex and expensive hardware. This allows us to operate under a completely different cost structure and deliver product that is an order-of-magnitude more affordable. Spectrafy's co-founders are world experts in solar spectral reconstruction and have been developing the technology since 2012. Spectrafy's core software IP is protected as a trade secret with a patent pending on the SolarSIM-G sensor design. Spectrafy released the SolarSIM-D2 in 2015 for niche solar and meteorological applications.Over 40 SolarSIM-D2s are now in the field. The D2 has allowed us to gain expertise in developing, launching and supporting a product, It has also gained the company industry awareness, a customer base and user feedback, that has informed our subsequent product development efforts. In 2017Q3 we will shortly release our second product, the SolarSIM-G which is designed for widespread use in the global PV industry. The roll-out of the SOlarISM-G will follow a similar process as for the SolarSIM-D2, but on a larger scale. At the end of 2016, we hired a VP of Sales and Business Development to aid in this process.