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Nextek Power Systems

10 to 40% of electricity is lost when converted from AC to DC. Nextek invented a DC microgrid which reduces or eliminates conversion losses.

  • Stage $1M in TTM Revenue
  • Industry Industrial/Energy
  • Location Detroit, MI, USA
  • Currency USD
  • Founded January 2000
  • Employees 22
  • Website

Company Summary

Nextek has 30 issued patents and 50 installations and its products lower power consumption, boost on-site power generation by 10% to 50% and increase on-site stored power by 20% to 30%. It delivers high payback solutions to FoMoCo, Frito-Lay, PNC Financial, and mfg partners Philips Lighting and Delta Products. Nextek delivers server solutions with partners like Armstrong World Industries, Johnson Controls, and OSRAM Sylvania.


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    Paul Savage

    Savage's experience includes bond trading at CS First Boston and risk management at Lehman Brothers before joining the start-up operations of the Caterpillar Dealerships in Hanoi, Vietnam, where he served as Director of Marketing and Customer Finance. During Paul’s service the group grew to 87 employees, 5 offices, and $22 million in sales in two years. Savage is a founding governing member of the EMerge Alliance™, a member of the Smart Grid Inte

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    Brian Noble

    Brian is a CMA with experience starting, operating and selling technology and services businesses. Brian led the acquisition of 35 companies in the process of building and later selling four roll-up companies in the technology and transportation sectors. He was formerly a Vice President at Fujitsu/ICL where he developed expertise in software and hardware development as well as system integration. As a Director at McKesson Corporation, he was res

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    Ben Hartman
    Chief Technology Officer

    A graduate of Tufts University with a BS in Electrical Engineering and Columbia Business School, MBA, 1993, he has developed proprietary controls and precision devices for Technicon Inc., a division of Bayer AG, performed Telecom and Media strategic consulting for Booz Allen & Hamilton, as well as corporate strategy and new business development for SNET (now AT&T). Ben is a co-inventor of one of the Company's key patents for the bi-directional ve

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    Mike Kastler
    Global Sales Manager

    Mike is a Sales Executive and Global Program Manager with 24 years at IBM. He possesses a strong track record of closing new business and significant sales growth in strategic and global accounts. His education includes a B.S. in Mathematics and Computer Science with minors in Biology and Chemistry from Lawrence Technological University, Continuing Executive Education at the Harvard Business School, and an Entrepreneur Fast-Track program through

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    Jeff Daudert
    Key Accounts - Military

    Jeff is a retired Naval Officer with over 21 years of dedicated service as a Surface Warfare Officer. His operational tours include: Chief Engineer, Operations Officer, Enlisted Programs Officer, Chief of Naval Operations Action Officer and Executive Officer for Navy Operational Support Center Detroit. He holds a current Top Secret (SCI) security clearance and is a graduate of Central Michigan University with additional studies at Harvard Busine

Previous Investors

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    Todd Mitchell, Two Seven Ventures
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    Paul Savage, CEO