History

MicroPower Global Limited is a private company that was formed in 2008 to develop and bring to market groundbreaking technology in the area of energy conservation. The original research and development for this technology was carried out over nearly 10 years by a private US company funded in the main by Max Lewinsohn, his family and friends. Structural changes during 2007 damaged the confidence of the main backers, and in January 2008 the company filed for bankruptcy protection. The Bankruptcy Court appointed a Trustee to manage the estate, and strong competition emerged to acquire the underlying intellectual property.

After months of negotiations Mr. Lewinsohn finally succeeded in acquiring the intellectual property and ancillary assets as part of a Settlement with the Trustee. After due process, the transactions were approved by the US Bankruptcy Court in November 2008. The intellectual property and ancillary assets were subsequently acquired by MicroPower, with the intention of completing the remaining engineering work and exploiting the technology in markets throughout the world.

In 2009, an experienced and qualified team was assembled to tackle these very tasks, and in October of that year, a deal was struck with Texas State University to enable the company to carry out its engineering development work at Texas State’s material sciences building in San Marcos. This gives MicroPower access to top quality equipment and experts not available elsewhere, as well as providing a low-cost base for the engineering work at a facility specifically designed for commercialization projects of this nature. For more information, please see the Texas State page on this site.

MicroPower’s technical team officially moved into the Texas State facility in January 2010, and plans to be a key early tenant in the University’s off-campus commercialization center, a research and business park projected for completion in 2012 that will provide an ideal platform for future product development and manufacturing.