One Line Pitch: Simvergent reduces the cost for simulating the performance of controllers (used in electrical grids) by an order of magnitude.
Business Summary: Real-Time Data Simulation of power grids are done by utilities and manufacturers of controls and relays. Currently, a $250,000 computer is required for such simulations and the controls and relays must be physically connected to the simulator. Simvergent has a proprietary algorithmic process that enables Real-Time Data Simulation to be completed with a laptop and connected to the control or relay over the Internet. We will sell the service of simulation to utilities and manufacturers of grid components.
Status: Prototype. Secured seed capital through SUV model. Building sales functions and will give this company a good chance at success.