Hi-Z supports NASA's extraterrestrial missions thru the development of proprietary, superior low power thermoelectric devices. It is anticipated that the core technology of the thermoelectric generator will be developed by Hi-Z, with system-level packaging and heat source design accomplished by NASA. At the completion of this process, anticipated to take 2-3 years, the technology will be mission ready. Hi-Z will strive to enhance the quality and performance of its devices so NASA would use them on future missions. Furthermore, with NASA's permission, Hi-Z would reach out to NASA's counterparts in Europe, Japan and India to sell them the same or related device.
Hi-Z's improved and proprietary, scalable low power thermoelectric generator (40 mW) designed for extraterrestrial application in conjunction with a radioisotope power supply could be attractive for both extraterrestrial system designers as well as for more conventional terrestrial applications in the emerging energy harvesting market. Accordingly, Hi-Z will consider the following two markets for the new technology. 1)Microsatellite market: is growing tremendously and with the continued use of the CubeSat standard, further miniaturization of microelectronics and related technology such as sensors and wireless communication will continue. In addition, government and civilian applications globally are on the rise with increasing focus on earth observation, scientific, communication, remote sensing and reconnaissance missions. 2) Energy harvesting market: is also rapidly growing and relates to converting energy from existing ambient sources into a useful energy for power generation in non-grid applications and devices. When analyzing this market by energy source, thermal device sales in 2011 accounted for $40 million of the $323 million industry, representing 14.4% of the industry. The CAGR for thermal devices is 43.2%, leading to projected revenue of $445 million in 2017. Thus, Hi-Z wishes to pursue both the Microsatellite and Energy Harvesting Markets for Non-NASA Commercial Applications.