Wednesday, May 16, 2007

Valere Power Gets SBIR Grant

Richardson, Texas-based Valere Power has been awarded a Small Business Innovation Research (SBIR) grant, the firm announced Wednesday. The firm said that the U.S. Small Business Administration has awarded the grant to allow the company to develop a management system that will dramatically improve the efficiency of solar power systems for better power extraction. The size of the grant was not disclosed. Valere Power is a developer of DC power systems for the communications industry.