Industry – Page 60 – Swanson Reed | Specialist R&D Tax Advisors

Surviving Hurricanes and Hopelessness: App to ‘rescue’ those in need, post-natural disaster

The frequency of natural disasters is on the rise in the United States. From Hurricane Katrina, to the more recent Hurricane Irma, the need for efficient, temporary resettlement for displaced persons will, arguably, also rise. The good news? There may be an app for that!

Adam Huminsky and Brian Hilinski, founders of the Charlotte-based startup, Harmany, were tired of watching evacuees struggle to find places for temporary shelter in the wake of catastrophic events, such as hurricanes. Huminsky said, “People have grown tired of watching disasters unfold, with no way to help until much later […] Harmany was created to give everyone the ability to make a difference in the moment.” The application connects the profile of an evacuee (person with needs) with a host (person with offerings). In an article featured on techstartups.com, “After completing a series of security measures, profiles are visible on an interactive map. Harmany believes secure matches can be made in as little as two hours.”

The app will offer other benefits, such as less crowding on roads, specifically evacuation routes, which translates to safer highway conditions. There is hope that the application will also reduce surge pricing for essential needs, such as hotel rooms.

Developing an app that will improve the lives of others? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

Apple’s disassembly robot Daisy makes striking gold a little easier

1,900 kg of aluminum, 770 kg of cobalt, 710 kg of copper, and 11 kg of rare earth elements – that’s just a fraction of what Apple’s disassembly robot Daisy can recover from old iPhones. Crucial to the construction of circuit boards, batteries, cameras, haptics and other pieces that keep our smartphones running, these precious metals are often left untapped because consumers aren’t recycling their old electronics or facilities don’t have the means to easily recycle them. Apple, however, is trying to change that with its recent commitment to minimize its negative impact on the environment through initiatives like its trade-in “GiveBack” recycling program and investments in R&D to create machines like Apple’s disassembly robot Daisy. The recycling robot was five years in the making and was unveiled last week in Austin, just in time for Earth Day 2018.

Lisa Jackson, Apple’s VP of Environment, said, “What we’ve learned is that the technology for recycling hasn’t really advanced much. (Daisy) is one of the ways that we’re going to make real progress in our goal to mine less from the Earth and use more recycled and renewable materials in-product.” And boy, is recycling worth it. Experts note that “urban mining” or recovering materials from discarded electronics is more efficient than extracting metals from natural mining. Frederico Magalini, an e-waste researcher and managing director at UK sustainability firm Sofies, explains that there is 80 times as much gold in one ton of recycled cellphones than in a gold mine. He also adds that recycling electronics is more sustainable than plastic recycling: “Historically, metals have value, and you can recycle metal forever. For plastic, it’s different because every time you recycle the plastics, the mechanical properties don’t necessarily remain the same.”

As the benefits of recycling electronics become more apparent, the way we recycle those devices will improve as well. Two years ago, Apple’s recycling robot Liam was 100 feet long and composed of 29 robots. Now in 2018, its successor, Daisy, is a third of the size and made up of only five robots. In fact, old parts from Liam were used to construct Daisy. More compact and efficient, Daisy is able to dismantle nine different versions of the iPhone at a rate of 200 iPhones per hour, unlike Liam which could only deconstruct the iPhone 6.

Currently, Apple’s disassembly robot Daisy is one of a kind in the world. A second Daisy is expected to be installed in the Netherlands and the disassembly robot will likely be rolled out in other parts of the Apple global empire. Apple CEO Tim Cook said, “We’re going to keep pushing the boundaries of what is possible with the materials in our products, the way we recycle them, our facilities and our work with suppliers to establish new creative and forward-looking sources of renewable energy because we know the future depends on it.

Developing ways to improve recycling of electronics? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

Apple iphone recycling sustainability

Smart Glass at DFW Airport: It’s more than just looking through rose-colored glasses

Waiting for your flight under the blistering Texan sun? The heat making the waiting experience even more unbearable and excruciating? Well, if you’re one of the lucky few by Gate A28 in Dallas-Fort Worth Airport where smart glass was installed last autumn, you’d be happy to know that you’re safe from the glaring heat. The electrochromatic smart glass at DFW Airport, America’s fourth-busiest airport, adapts its opacity levels to sunlight and can better manage temperature than regular glass, which prevents overheating and provides a cooler atmosphere for the comfort of weary travellers.

Located near a burger joint’s east-facing bar in the airport, the smart glass creates a noticeably chiller vibe. In fact, the burger restaurant saw a boost in alcohol sales over the past year, up 80 per cent in October 2017 from October 2016. The smart glass at DFW Airport was the only difference to the restaurant. Turns out travelers are more willing to order a second pint from the burger joint if they are relaxed and not uncomfortable from the heat.

The smart glass is manufactured by the Silicon Valley-based company View Inc. The company claims its product will contribute to lower cooling costs and improve customer satisfaction, thanks to the more natural light and better thermal comfort created by the glass’ transitional tints. A study from Cornell University of the smart glass at DFW Airport confirms View Inc’s claims. Researchers found that surface temperatures of seats by Gate A28 were 10 to 15 degrees Fahrenheit lower, making them more comfortable to sit on. There were also an 83 per cent increase of dwelling time and a 102 per cent increase in concession spending by Gate A28 compared to areas where the smart glass was not installed. Evidently, installing the smart glass at DFW Airport was a lucrative move.

Rahu Bammi, View Inc’s chief business officer, said, “We spend 90 per cent of our time indoors. The things that really matter are light, air quality, temperature and sound. We impact at least three of those in a positive way.”

Are you also engaging in research activities to improve the light, air quality, temperature and sound of our great indoors? Did you know your experiments, even those that were unsuccessful, could be eligible for the R&D Tax Credit and you could receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

Heinz is bringing Mayochup to America, but who really invented the mayonnaise-ketchup matrimony?

Famous for ketchup and baked beans, the Heinz Company is now dead-set on introducing to American audiences what it claims is a novel concoction: Mayochup. Think of it as a union between ketchup and mayonnaise.

“Want #mayochup in stores? 500,000 votes for ‘yes’ and we’ll release it to you saucy Americans,” Heinz tweeted. Of the 930,000 votes on the Twitter poll, 55 percent gave their approval. That means the company will soon bring the bottled Mayochup onto American shelves.

Heinz’s rendition of Mayochup is already sold overseas, particularly in the Middle East. However, for many, Mayochup isn’t anything new and stories have peppered across the Internet on how the combination first came into existence.

Legend has it that in 1925, a young man was eating prawns with friends at a golf club in Mar del Plata, Argentina. As a joke, the young man requested different condiments from the kitchen to mix with the traditional aderezo of mayonnaise. The spontaneous experimentation resulted in a union between mayonnaise and ketchup, plus a dash of cognac and Tabasco. The friends called it “salsa golf” and found it was delicious with the prawns. “It was just a bunch of bored kids doing what bored kids do,” said Victor Ego Ducrot, author of The Flavors of the Homeland. Forty years later, salsa golf exploded in popularity with big brands, from Fanacoa to Hellman’s, producing the mix commercially. The young man who originally invented salsa golf was Luis Federico Leloir, the 1970 Nobel Prize in chemistry winner for his discovery of sugar nucleotides and their role in the biosynthesis of carbohydrates. Leloir reportedly said, “If I had patented the sauce, I would have earned much more money than as a scientist.”

The mayonnaise-ketchup creation is popular across Latin America. Costa Rica, Colombia, Venezuela and others call it “salsa rosada.” Puerto Ricans call it “mayoketchup”. Variations also exist across other parts of the globe, from Eastern Europe to the Middle East. Even the Brits have their own version, known as “Marie Rose sauce”.

In fact, America already has a home-grown mayo-ketchup origin story. Utah’s Don Carlos Edwards allegedly began serving mayonnaise-ketchup concoctions to his customers back in the 1940s, calling it “Fry Sauce”. It is now a staple in Utahan society.

So while Mayochup isn’t necessarily re-inventing the wheel, it does bring a new twist to the condiment by putting it in a bottle. Admittedly, this has raised scepticism among critics. Samantha Schmidt asserted in The Washington Post, “But whatever it’s called, wherever it’s consumed, many lifelong lovers of the sauce agree on one thing: it’s disgraceful to squeeze the stuff out of a bottle.” NPR station reporter Nadege C Green raised doubts about the ability of Heinz to produce a tasty concoction: “Yeah, you have to custom mix it. Gotta have the right mayo to ketchup ratio. I don’t trust this at all.”

We can’t know for sure until Mayochup hits the supermarkets. But one thing’s certain: Heinz knows how to put the “sauciest” in its sauces.

Are you experimenting with different condiments and packaging to add something new to the food market? Did you know your experiments could be eligible for the R&D Tax Credit and you can get up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

What is the R&D Tax Credit?

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.

R&D Tax Credit Preparation Services

Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed provides state and federal R&D tax credit preparation and audit services to all 50 states.

If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (800) 986-4725.
Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.

R&D Tax Credit Audit Advisory Services

creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims. Click here for more information about R&D tax credit management and implementation.

Our Fees

Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between $195 – $395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at https://www.swansonreed.com/about-us/research-tax-credit-consulting/our-fees/

Schedule a Teleconference

directive for LBI taxpayers

Upcoming Webinars

Register Here

bigstock Image of two young businessmen 521093561 300x200

Upcoming Webinars

Register Here

water tech

Upcoming Webinars

Register Here

Choose your state

find-us-map

Food Food Technology r&d

“Diamonds are Forever” – Eterneva turns loss into jewels to celebrate loved ones

Saying goodbye to loved ones is never easy. Loss is as intimate as the relationship we had with the person we lost. We each cope with it differently. Some cherish invaluable memories. Others seek tangible means to commemorate their loved ones. Many want to keep their loved one’s story alive from generation to generation.

When Adelle Archer lost her business mentor Tracey Kaufman to cancer in 2015, Archer hoped to honor Kaufman’s legacy in her own way. Archer was working for a diamond growing lab at the time. During a conversation with a technician at the lab, she conceived the idea of transforming some of her mentor’s cremated remains into a yellow diamond to give to Kaufman’s family. The idea then spawned Eterneva, a startup that takes ashes and turns them into unique diamonds and jewels.

Human remains contain carbon, a key component for diamond processing. Based in Austin, Eterneva uses a cup of ashes, approximately an eighth of the average amount produced from cremation, to create a diamond. These diamonds are customizable by weight, color and cut, allowing customers to personalize diamonds unique to their loved one. Archer made a yellow diamond in honor of Kaufman since yellow was her mentor’s favorite color.

Eterneva’s approach is taking a different spin on loss and death. As Archer said, “A diamond lasts more than a single generation, the way an urn of ashes won’t. Nobody wants to inherit that, but they of course want to inherit their great-grandfather’s diamond.” One of Eterneva’s customers was a mother whose 19-year-old daughter died in a car accident. She chose to have her daughter’s ashes turned into a blue diamond ring. Archer explained, “She told me that she wants people to comment on it. It gives her an opportunity to talk about her daughter. People don’t want their loved one to be forgotten–they want to talk about them. They want them to be remembered and celebrated.”

Are you developing new ways to commemorate loved ones? Did you know that Eterneva’s research expenses could be eligible for the R&D Tax Credit? Yours could too. To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

Austin diamonds r&d startup Texas

Improving Safety for Autonomous Cars

Tech companies are banding together to improve the safety of autonomous vehicles. The Autonomous Vehicle Coalition was announced this week and includes companies like Cisco, Esri and Econolite. The group will work with national government, industry and academic partners to responsibly integrate autonomous vehicles with roads and communities.

Last month’s fatal Uber crash became the first autonomous vehicle accident to kill a pedestrian. Also in the headlines was the Tesla crash that resulted in the death of the driver after hitting a highway barrier. Despite these incidents, which were heavily covered by the media, the proportion of crashes caused by driverless vehicles will likely be lower than those by human drivers once the technology is widely adopted. Most accidents are results of human error. Around 5.7 million car crashes occur in the US every year, with approximately 37,000 drivers and passengers and 6,000 pedestrians killed.

The Massachusetts Institute of Technology is conducting tests to find out how drivers use autonomous cars, for instance, whether they keep their hands over the wheel and whether they pay attention to the car’s audio and visual warnings. Professor of Philosophy, Nicholas Evans from the University of Massachusetts, will be studying risk-reward scenarios for driverless vehicles such as cars that decrease the number of deaths for drivers, but may increase the risk to pedestrians.

While car crashes will still happen of course, formulas such as the Safe Distance formula will improve safety by ensuring that cars do not follow too closely behind the car in front, which is a common cause of crashes by human drivers. In fact, in a US National Highway Traffic Safety Administration report, Autopilot was found to reduce accidents by 40 percent.

Research and development towards improving driverless vehicles and infrastructure will help to save lives. Other benefits of this technology could include an increase in ride-sharing services, which will in turn reduce traffic, the need for as many car park spaces and pollution. Furthermore, many autonomous cars will likely run on renewable energy or electricity rather than gas. Companies working on developing driverless cars are eligible for the R&D tax credit. Read more about the credit here.

ICON’s Vulcan 3-D printer packs a punch against homelessness

With 1.2 billion people worldwide without access to adequate shelter, one Texas start-up hopes to change that. On Monday, March 12, Austin-based ICON unveiled the world’s first permitted 3-D printed home. ICON’s Vulcan 3-D printer built the home in just under 48 hours and for less than $4,000, a fraction of average construction costs.

The 350 sq foot building will serve as ICON’s office, allowing the company to witness firsthand any issues with the home and make necessary modifications before going into full scale production. The home is complete with a living room, bathroom, and office space. Unlike other companies that have built 3-D printed homes that “look like Yoda huts”, ICON was intent on constructing a home that was functional and modern. Jason Ballard, one of ICON’s three founders, asserted, “For this venture to succeed, they have to be the best houses.”

The Vulcan 3-D printer used durable yet cheap materials and produced little waste in the making of the Austin house. According to ICON’s other co-founder Evan Loomis, the concrete mixture used in the Vulcan is three times stronger than traditional concrete. The Vulcan can produce single-story, 600 to 800 sq ft homes in under 24 hours. Andrew Logan at Logan Architecture, the head designer for the project, added that the Vulcan 3-D printer allowed for more creativity compared to conventional construction. “When you’re talking about standard methods of construction, the guys in the field have a really hard time building that [unique] geometry,” Logan explained. “It’s difficult getting it all lined up properly. But if you have a machine doing it, it’s going straight from the computer to the field. You have infinite design ability to get crazy with your angles and curves and forms.”

Because the Vulcan 3-D printer can build homes faster, more affordably, and sustainably, ICON has high hopes for the tool to be used in humanitarian applications, especially in the developing world. The company is teaming up with the non-profit New Story to address homelessness and global housing shortages. Together, they will construct a community of 100 houses in El Salvador next year using the Vulcan 3-D printer technology.

Loomis said, “We just think homes are not obtainable and affordable and they certainly aren’t sustainable. So we thought that the convergence of robotics, material science, and software would have a novel way for people to afford a basic human need: shelter.”

Working on technological solutions to address some of the globe’s most pressing problems? Did you know your experiments could be eligible for the R&D Tax Credit and you can receive up to 14% on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

3-D printing Austin construction sustainability

Genetically Engineered Salmon As A Sustainable Fishing Solution

Open-ocean fishing is an unsustainable practice and has destroyed ecosystems and reduced fish populations over many years. Combined with climate change and disease, populations are falling drastically. According to Science journal, by the mid 21st century, the earth will have run out of open-ocean fish.

A study by Dirk Zeller and Daniel Pauly published in the Marine Policy journal has found that previous underreporting combined with more recent and accurate data collection has falsely illustrated that catches have been stable over the past two decades. With the help of 400 global assistants, Pauly and Zeller worked backwards to estimate the landings of fisheries. They argue that yearly improvements in reporting techniques have concealed the fact that landings, or catches, have actually decreased by an estimated 1.2 million tons per year in this timeframe. While this is an estimate based on reconstruction, according to the United Nations Food and Agriculture Organisation, around 90 percent of fisheries worldwide have reached their sustainable limits.

Genetically engineered salmon may be a partial solution to this issue. Scientists Choy Hew and Garth Fletcher began working on an antifreeze protein in 1992 to help salmon adapt to icy waters when farmed in offshore cages. In the process, they also managed to genetically engineer a salmon that grew almost twice as fast with less food than a normal salmon.

These fish by AquaBounty are now available in Canada and are scheduled to be sold in US grocery stores in 2019. Eric Hallerman, professor of marine biology at Virginia Tech said that “in 20 of 25 years, we’re all going to be eating genetically modified animal products.”

For those who are unsure about genetically modified food, the scientific panel who reviewed AquaBounty’s FDA application confirmed that this salmon is just as safe as conventional Atlantic salmon, and is no different in terms of nutrition or chemical composition.

Innovations like being able to grow fish in half the time and the salmon requiring less energy and food to produce could have huge implications on addressing the issue of global food security. Research and development processes are vital when it comes to discovering ways of mass-producing sustainable, economical and environmentally friendly seafood. AquaBounty would be eligible for government research and development tax credits for their gene technology. Companies who generate new knowledge and solve problems can claim eligible related expenditure back on tax. To find out more about the credit, contact Swanson Reed R&D Tax Advisors.

Texan Grocery King H-E-B launches Self-Checkout Mobile App

Waiting in those long lines and fighting for the best deals can make grocery shopping a real hassle. While self-serve checkout counters have sped up the process, they have inadvertently encouraged theft and thievery. Amazon’s new Seattle warehouse may have overcome those issues with its Amazon Go grocery store but Texas-based H-E-B’s new self-checkout mobile app could give the retail giant a run for its money.

The app allows customers to freely peruse the shelves and scan items they want to purchase. When they’re ready to checkout, users can pay via the mobile app and just need to show the digital receipt to an H-E-B employee before existing. More than just a self-checkout mobile app, H-E-B Go also tells customers the aisles where they can find certain items, a handy feature especially if you’ve ever been inside one of H-E-B’s massive grocery stores. The mobile app keeps track of users’ shopping lists to provide recommendations and reminders on future shopping trips. It offers coupons too, helping users save even more on their shopping trips.

Currently, H-E-B’s self-checkout mobile app is in use at two locations: the South Flores location in San Antonio and the De Zavala Road location near Shavano Park. The app is still in its pilot stage and not yet ready to roll out to other stores, but it’s already a hit among users.

Are you working on experiments to improve the efficiency of grocery shopping and other day-to-day activities? Did you know your experiments could be eligible for the R&D Tax Credit and you can receive up to 14% on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is Texas’ largest Specialist R&D tax advisory firm, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program in Texas, from claim prep & audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative

Amazon mobile app r&d Smartphone

A solar powered stove and battery to rival Elon Musk? Mark Cuban is interested

“Do you think you can put the fear of God in Elon Musk and put them out of business?” asked Mark Cuban on Shark Tank, a reality show about investors and entrepreneurs. His question was directed at Dr. Caitlin Powers, the CEO and founder of One Earth Designs. Elon Musk, the Tesla mastermind, had acquired SolarCity, a solar power business, in 2016. Powers, in contrast, had invented a solar powered stove that harnessed the energy of the sun to produce a powerful, fuel-free grill and her company was also in the process of developing a solar battery. Powers appeared on Shark Tank in hopes of securing an investor for One Earth Designs.

“Yes, I think we have the potential to do that,” she confidently responded. Powers received her doctorate from Harvard University and her solar energy research has been recognized by the US National Science Foundation, US Environmental Protection Agency, and the American Institute of Chemical Engineers. From her travels in the Himalayas, Powers had witnessed firsthand the negative effects of fuel-based indoor cooking among nomads and farmers living in resource-strapped regions. Her solution: the SolSource stove. With its unique geometrical design, it can convert 92% of the sun’s energy directly into cooking power at up to 392 degrees Fahrenheit. It also heats up five times faster than a charcoal grill. “As long as you can see your shadow, you can cook with SolSource,” according to Powers.

Compact, clean, and safe to use, the SolSource stove is a sustainable alternative to fuel-based grills. The original Solsource is priced at about $499 while the newer SolSource Sport is currently sold at $299. The Sport is a quarter of the weight of the original source, making it more lightweight for a variety of settings, from the beach, to the park, to the wilderness. From Powers’ pitch, especially her future plans to develop the solar powered battery, Cuban agreed to invest in One Earth Designs. Cuban would be pleased to know that Kimbal Musk, Elon Musk’s brother, is also fan of the SolSource grill and has tweeted pictures of himself using the product.

Developing solar powered products that could rival the likes of Elon Musk? You could be eligible for the R&D Tax Credit and can receive up to 14% on your expenses. To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Swanson Reed regularly hosts free webinars and provides free IRS CE credits as well as CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

innovation r&d Shark Tank Solar Tesla