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

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“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.

 

Briggo’s Robotic Barista: the coffee vending machine that’s actually not that bad

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A barista that consistently makes your favorite coffee perfectly and never spells your name wrong? That’s what Briggo Coffee Haus promises with its affectionately-dubbed “robotic barista”. The Austin-based company developed its automated coffee dispenser to take the craft of coffee and mechanize the experience without sacrificing standards of perfection, personalization, and efficiency.

In a technologically-driven world where customization and convenience go hand-in-hand, the robotic barista seems like a match made in heaven. Coffee drinkers can choose from 13 options and adjust the order to suit their preferences, such as adding vanilla syrup, two shots of espresso, and skim milk. Wait a minute or two, and the perfect cup of coffee will appear. Customers’ orders are saved in the company’s cloud system so they can re-order their favorite recipe at a later time. There’s also a Briggo app that allows coffee drinkers to pre-order as they’re on their way to the Coffee Haus. According to Vending Times’ Paul Schlossberg, the whole process was intuitive, quick, and easy. He added, “Here is a vending machine for the 21st century.”

Briggo’s machine offers a precision that human baristas don’t have. While humans may measure based on dashes and splashes, moments and seconds, the robotic barista has its measurements down to the milligram and millisecond. Briggo CEO Kevin Nater explained, “Based on a customer’s selection, we precisely calculate to the gram the ingredients, as well as the precise frothing parameters needed based on those ingredients.” The Briggo machine can also make 100 cups an hour. It’s fast, convenient, and reliable.

Briggo recently introduced its robotic barista at the University of Texas’ renowned ice cream shop Moojo in Austin. Briggo asserts it doesn’t plan on replacing baristas. Rather, it seeks to bring its robotic barista to locations where good quality coffee is hard to find, such as corporate campuses, hospitals, and airports.

Working on improving the efficiency of coffee-making? 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

Rubber is the New Diamond with Silicone Wedding Rings

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Sure, traditional wedding rings may have their perks: they’re classy, sparkly, attractive, and elegant. But they’re rarely described as “practical”, especially for the average human person who has to cook, clean, shower, work out, and carry out other day-to-day activities with their hands. To adapt these tokens of commitment for more active lifestyles, several companies have re-invented the diamond-encrusted bands to develop silicone wedding rings.

Fixate Designs, for instance, created its patent-pending silicone wedding bands out of a realization that traditional rings were often prohibited at work because of risk for injury. Several of the company’s founders themselves had experienced ring-related injuries, including some that required surgery. “We wanted to rethink, re-engineer, and redesign items used in everyday life that we felt needed to evolve,” Fixate Designs said. Another silicone wedding ring company called QALO was started by two guys who “found themselves newly married, loving their wives but hating their wedding rings.” Similarly, Enso Rings, which has been featured on the show Shark Tank, asserted that ancient Egyptians had used braided hemp to mark their marriage commitment: “It’s the symbol and the practicality that mattered. We made the first Enso silicone ring to bring back comfort, safety and focus to the way we express commitment.”

Typically, these silicone wedding rings are made from medical-grade silicone and are designed with durability in mind. They are hypoallergenic, breathable, and flexible. They do not react to chemicals or acids and are waterproof. They also tend to be more affordable than traditional wedding rings, making them a less of a concern if lost or misplaced. The silicone wedding rings are suitable for a wide range of workplaces – from the office to the construction site – and lifestyles – from the world traveler to the homebody.

Technology tends to overlook ordinary household items, including wedding rings. Did you know research activities related to the development of the silicone rings, whether to improve the product or production process, could be eligible for the R&D Tax Credit? If you’re also engaging in activities to improve day-to-day household items, you could 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

Mobility and disability are no longer mutually exclusive thanks to Go Baby Go

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“Ever since he was a baby, we’ve always said we want him to be the same as anyone else, he is no different,” Brenda Fernandez said of her son Abel Salazar. “We never told him you can’t do it.” Abel, 4 years old, was born without fully formed bones in his body, making mobility and other functions difficult. Last month, engineering math students from Victoria West High School in Texas retrofitted a battery-powered miniature red jeep as part of the Go Baby Go program and soon, Abel was on the move.

Brenda said, “He was scared at first, then he saw the Captain America sign and his face turned into a big huge smile. After that, he got on [the car].” Abel is part of the Preschool Program for Children with Disabilities where therapy and specialized programs help him develop cognitive, social, and mobility skills. By learning to drive the electric jeep, Abel is more likely to be a candidate for a mobility chair in the future. “The ultimate goal is independence,” said Amanda Kern, occupational therapist.

Last September, the engineering math students from Victoria High School began making adjustments to the red jeep which required testing and re-testing. Upgrades included modifying and stabilizing the seat’s position and rewiring the foot accelerator to the steering wheel. Safety features like a five-point strap belt were also added and the electrical work had to be rewired. The students said that the project gave them a real world look into math and engineering, and that the project was more fun than work.

Abel’s red jeep project was part of Go Baby Go, a nationwide program that modifies off-the-shelf battery operated toy cars to make them accessible for children with disabilities. The program’s founder had identified a gap in the market, particularly that mobility devices for young children were non-existent while adult motorized wheelchairs cost upwards of $17,000. In comparison, by modifying existing battery operated toy cars, the total cost is only around $200. The Go Baby Go program offers children with disabilities to develop independent mobility, cognition, coordination, balance, social, and other skills.

As Abel drove the red jeep throughout the halls of Dudley Elementary School and honked the horn, he smiled. “There’s no better feeling than seeing your son smile,” Brenda stated.

Are you working on experiments to retrofit existing off-the-shelf products and make them accessible for people with disabilities? 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

Ralph Lauren’s wearable technology packs the heat so Team USA can bring home gold

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35,000 spectators are expected to attend the Olympic Opening Ceremonies this upcoming Friday at PyeongChang Olympic Stadium. Anticipation is high among athletes and attendees alike. Added to the excitement, however, are widespread concerns that the stadium – which was built without a roof and without central heating – will be too cold for the ceremony’s audience members. Team USA, fortunately, is fitted with wearable technology that will keep them warm to withstand the chilling conditions.

The $58 million main Olympic Stadium omitted a roof and central heating in its design and construction plans as a time-saving measure and because it would have been “too expensive”, according to an internal document from the Olympic organizing committee. Last November, however, six people reported getting hypothermia while attending a concert at the stadium, calling into question the location’s security and safety.

At 7 degrees Fahrenheit, the 2018 Winter Olympics is expected to be the coldest on record since 1994 when the Olympics were held in Lillehammer, Norway. Weather conditions then were at a low of 12 degrees Fahrenheit. PyeongChang is half a mile above sea level and is infamous for its biting winds originating from Siberia and the Manchurian Plain. To keep warm, Olympic organizers are providing spectators with heating pads, a blanket, and a raincoat. Polycarbonate walls will be set up along the highest points of the stadium to block wintry winds and portable gas heaters will be placed between rows to provide extra warmth.

To combat the cold at the Opening Ceremonies, the American athletes will have special uniforms designed by Polo Ralph Lauren. Drawing from the American flag colors of red, white, and blue, the athletes will be fitted with heated parkas powered by a battery pack. The parkas have printed strips of electronic, heat-conducting metallic ink. Akin to an electric blanket but using ink instead of wires, the parkas generate heat from electrons travelling through the silver ink and hitting resistive carbon pads. The parkas are also water-repellant and athletes can control the temperatures of the wearable technology using three different settings. Adopting engineering principles from heated car seats, the wearable technology is more flexible and stretchy and provides up to 11 hours of heat. “We knew about the cold,” said David Lauren, chief innovation officer at Ralph Lauren, “and hit on the idea of using wearable technology to keep our athletes warm.”

Working on wearable technology that is both fashionable and functional?  Your experiments could be eligible for the R&D Tax Credit and you could receive 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.

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.

“$1.1 million flop” – Failed Wind Turbines in Addison Demonstrate the Need for R&D

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Almost a decade ago, the city of Addison, TX set its sights on constructing a new water tower powered by eight wind turbines that would sit atop of the tower. Intended to become an artistic and renewable energy landmark, the project was designed by an artist who claimed that when people see the tower, “They will know they are in Addison.” Unfortunately, the once-optimistic project would instead become known for its failed wind turbines.

In 2011, Landmark Structures was commissioned to build the water tower and Urban Green Energy manufactured the wind turbines which were installed in February 2012. One of the turbines fell off the tower only three months after installation. While no one was hurt, the turbines continued to demonstrate poor craftsmanship even after repairs. In December 2012, a blade hit a nearby building, destroying a conference room.  In 2013, the turbines were removed, re-fitted, and reinstalled. However, another blade flew off the turbine in 2014.

While the water tower was functional, the failed wind turbines, made originally in China, proved to be a safety hazard. According to Dave Lieber, the project was “a $1.1 million flop” and “not one kilowatt of electricity was generated.” As a result, the city of Addison is issuing a lawsuit against Landmark Structures and Urban Green Energy who had designed and handled the construction of the project. Until the legal case is sorted, the failed wind turbines will remain atop of the water tower.

Are you working on projects attempting to improve wind turbines and prevent future accidents and lawsuits like Addison’s failed wind turbines? Did you know your experiments, even those that were unsuccessful, could be eligible for the R&D Tax Credit and you could receive 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.

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.

Real Estate and Virtual Reality Makes the Phrase “Well this doesn’t look anything like the pictures” Obsolete

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As Americans are increasingly transient and moving across states and cities, many just don’t have the time to trek out and scope potential properties. Virtual reality can change that, with a growing number of real estate agents adopting the technology and offering potential buyers a chance to view their future home without even stepping foot on the property.

Martha Johnson, a real estate agent in Dunkirk, MD with EXIT 1 Stop Realty, uses VR regularly with her clients. She records properties, with the listing agent’s permission of course, on a 360-degree camera and stores those videos on a secure online portal for her clients. She also provides them with VR goggles which are connected to a smartphone app so that her clients can take a tour of the property from wall-to-wall and floor-to-ceiling.

Johnson first learned about the technology during a seminar in North Carolina, where another real estate agent had used virtual reality to assist members of the military relocate and find a new home. She said, “They get their orders and they know ’OK, well in so much time, a few months, I’ve got to be here.’ But, if they’re halfway across the country, or in Germany for that matter, it’s very hard to go look at houses.” Connie Stommel, broker and owner of EXIT 1 Stop Realty, asserted the technology is helpful for those who do not live in the area: “Especially for people that are overseas or long distance, they’re coming in from a different state, so it’s definitely a wonderful tool to be able to offer.” Robert Brown of Cornerstone Real Estate Professionals is also a proponent of virtual reality. “It’s a huge plus, having out-of-state buyers being so familiar with the property before they even get here,” he said. Some buyers have even made an offer before stepping onto the physical property.

For those within a local radius, virtual reality is helpful for busy families and professionals who don’t have lot of time to spare to commute to different properties. The virtual tour is often more efficient than a physical walkthrough. Johnson said, “[Virtual reality] takes me maybe seven minutes in a house. If you’re out with the client, you’re in the house probably for 30 [minutes].” Before virtual reality “a lot of times, in my experience, they walk in and they go ‘Well this doesn’t look anything like the pictures, ’” she explained. Now, clients can’t say that anymore.

Experimenting with virtual reality for real estate and other industries? You could be eligible for the R&D Tax Credit and receive up to 14% on your research 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.

“To the naked eye, they are identical” – Lab-grown diamonds growing in popularity and proving to be more than just a “diamond in the rough”

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Since the 1950s, scientists have attempted to create man-made diamonds by mimicking the earth’s high pressure and temperature formation process. Now, technology has advanced to the point where lab-grown diamonds are becoming a viable alternative to natural, mined jewels.

A 2017 bridal survey by The Knot found that 25 percent of brides and grooms would consider buying an engagement ring with a lab-grown diamond. 55 percent cited the lab-grown’s conflict-free reputation and 38 percent emphasized environmental sustainability as reasons for choosing man-made jewels. These jewels garnered worldwide attention after 2006’s film Blood Diamond starring Leonardo DiCaprio which highlighted the ethical dilemmas of natural diamonds. The fictional story depicted the illicit diamond trade and its negative influence on Sierra Leone’s Civil War. DiCaprio has since invested in San Francisco’s Diamond Foundry, a laboratory that grows diamonds, in an effort to move towards more sustainable, ethical means of diamond production. “People want to know where their products come from,” Nadja Swarovski, Atelier Swarovski designer, said. “People care.”

Lab-grown diamonds are made in two common ways: High Pressure High Temperature (HPHT) and Chemical Vapor Deposition (CVD). Both require a small diamond seed. HPHT takes the seed and uses extreme pressure and temperature levels to dissolve graphite carbon with a metal catalyst. The carbon atoms then bond with the diamond seed to form a bigger diamond. CVD, in contrast, uses a plasma reactor process where the free carbon atoms from the plasma form new diamond layers on the diamond seed.

Industry professionals asserted there is little difference in quality between lab-grown diamonds and natural ones. Diamonds are evaluated on the criteria of 4 Cs: cut, color, clarity, and carat. The man-made jewels match the 4Cs criteria to their mined counterparts. “To the naked eye, they are identical,” said Susan Jacques, the Gemological Institute of America’s president and chief executive. The Institute’s chief laboratory and research officer Tom Moses added, ““The goal of labs is to grow something perfectly clear, transparent and colorless, without any occlusions (imperfections) visible at 10-times magnification.”

Aside from the ethical benefits of lab-grown diamonds, they are about 10 to 30 percent cheaper than natural diamonds of comparable size. Atelier Swarovski’s vice president and managing director François Le Troquer predicted that one day, lab-grown diamonds could even cost about 50 percent less than mined ones. Currently, lab-grown diamonds account only for 2 percent of the worldwide diamond supply. That number is expected to reach 10 percent by 2030 due to big jewelers like Swarovski and Barneys committing to man-made jewels. Austin’s Diamond District is also a major seller of lab-grown diamonds.

There are only a handful of laboratories in the world that are developing ways to make man-made diamonds. Are you testing and experimenting with forming diamonds in the laboratory to break into this emerging market? You could be eligible for the R&D Tax Credit, even if your experiments are unsuccessful, 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.

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.

Coco – The Pixar movie that blends art and technical advancement

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From Toy Story to Inside Out, Pixar Studios has become a universally acclaimed, visually-stunning storyteller of animation. But less known is the sheer amount of innovation, problem-solving, and laborious commitment needed to achieve Pixar’s ground-breaking heights. The company’s upcoming film Coco was a testament to this, where Pixar encountered quite a few new technical challenges that had to be overcome with new solutions.

Coco follows the story of Miguel, a young Mexican boy with aspirations to become a musician. However, after his great-great-grandfather left the family to pursue a career as a musician, the family forbade music and discouraged Miguel’s dreams. All this changes when Miguel is thrust into the Land of the Dead on Dia de los Muertos (the Mexican holiday known as Day of the Dead). He embarks on a journey back to the land of the living, searching for his great-great-grandfather in the process.

Because the story takes place in the Land of the Dead, animators faced a number of setbacks. For one, skeletons comprised a major component of the story and Pixar had to come up with a way for the skeletons to move in a convincing yet distinct manner from humans made up of muscles and flesh. Gini Santos, one of the supervising animators on Coco, said, “Over the years we’ve spent so much time and research figuring out our human characters and how their skin squashes and stretches, so this totally broke the rules for us. We knew with skeletons that all of a sudden, those boundaries of something organic are gone — the skin, the muscles, the tendons. And if there’s nothing holding it together, what can you do with bones?” To render each skeleton unique, the animators had to design distinctive movements for each skeleton to reflect their individual personalities. Animators, moreover, diverged from conventional skeleton designs by giving each a set of eyes and clothing.

According to International Business Times, each skeleton was composed of about 127 bones, 80 of which were visible while the remaining bones were covered by clothing. Manual painting of the bones was out of the question due to the large number of bones involved and consequently, a special software was needed. Initially, the company tested using Presto, the same software used for its film Brave (2012), but this couldn’t handle the requirements of Coco. Clothes would get tangled in-between bones and did not achieve the animators’ desired look. Instead, the developers tested a new program where negative spaces could be filled in more efficiently and the bones on the characters’ arms and legs were better infused. This helped orient the clothes on the bones in a more natural way.

Pixar also had to tackle lighting challenges. The Land of the Dead was elaborately designed with a multitude of nooks, crevices, and cracks that needed to be filled with lights of varying gradients. At least seven million individual lights had to be incorporated on the film, ranging from pin lights, plaza lights, street lights, and so forth. A computer could not process all these individual lights without a boost from special coding. Pixar programmers, adopting a practice from The Good Dinosaur (2015),  developed a code whereby the different lights could be grouped into fifteen types, making it more manageable for the computer to process than seven million individual lights.

Are you a software company experimenting with different codes to improve animation like Pixar’s efforts? Did you know your trials could be eligible for the R&D Tax Credit and you can receive up to 14% back on your research 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.

 

Trackums: The Pet Tracker so you’ll never lose your furry friend again

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Ever worry that a beloved lost dog or cat will never be found? That’s what happened to David Wareikis, CEO of Bluejay Wireless. Shortly after his marriage to his wife Rockelle, her dog went missing. To the family’s dismay, they were unable to find the lost pet. With the conviction that pets aren’t just animals but family, Wareikis started Trackums, the smart GPS tracker for pets.

The Carrollton-based Trackums launched this year. It offers a unique, modern solution to an old problem of missing pets. Attached to a pet’s collar, Trackums is cellular-based and comes with nationwide GPS tracking so a WiFi or a Bluetooth connection isn’t needed to track the whereabouts of the missing pet. Owners can set up “safe areas” using the Geofencing and Location Alerts feature for when their pets venture off from these safe areas. The device also consists of a virtual ID tag, a safety light, and even a 2 Megapixel camera for pet owners to stalk the secret lives of their pets.  If that’s not secure enough, the device comes with a two-way calling feature so owners can communicate with their pets and if a pet becomes lost, someone can contact the owner directly using Trackums.

Trackums works for all animals, from dogs, cats, bunnies, and even pet rooster. Not only does it provide the state-of-the-art telecommunications technology, it is also built with the pet-proof toughness needed to endure all of your pets’ adventures. Are you experimenting with building new tracking technologies to protect your pets and loved ones? Did you know that your prototypes even if unsuccessful are 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.

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.