Daugherty Endowment Funds Two Technology Research Projects on Centennial CampusA North Carolina State University endowment fund established to bridge pure research and product commercialization for entrepreneurs has awarded grants to two new promising technologies in wireless RFID communications and biomedical engineering.
By: Gene Pinder, Director of Marketing The Richard L. and Marlene V. Daugherty Centennial Campus Entrepreneurialism Endowment has awarded grants to WISERsystems, Inc. and a partnership between a NC State assistant professor in biomedical engineering and a Raleigh cardiologist. WISERsystems, Inc. is developing a novel, highly mobile smart network technology approach to wireless RFID asset tracking across the supply chain. The system allows for cost-effective, autonomous, real-time locating of pallets and their contents during normal handling without the labor-intensive bar-code scanners expensive batter-powered active tags or doorway portal infrastructure. Existing RFID-tracking systems track at the container and pallet level and require expensive active tags or costly installations. According to the company, glitches in a single supply chain, whether it’s a food-born illness product recall, a natural disaster or some other disruption, can have a damaging economic impact on a company. Supply chain integrity is also a critical national security priority with various federal government agencies (including the FDA and Homeland Security) to guard against terrorism, cargo bombs, bioterrorism, counterfeiting and piracy. The WISER system is designed to secure, certify and track valuable trade assets across the supply chain, according to the company. The company will use the $20,000 grant to complete the research and development of the WISER system prototype. WISERsystems, Inc. is located in the Technology Incubator on Centennial Campus, NC State University’s owned and operated research park and technology campus. The company’s principals, CEO Elaine C. Rideout and CTO Seth E. Hollar, are faculty of the Engineering Entrepreneurs Program (EEP) at NC State. The other Daugherty Endowment grant recipients, Drs. Glenn Walker and Ravish Sachar, are planning to use their $10,000 award to develop a prototype for a “smart” catheter. Currently, catheters used by cardiologists do not offer enough flexibility and strength at the same time. Thus, physicians must use a combination of techniques to expertly place a catheter in the human body in order to successfully treat a clogged artery. To overcome this problem, Walker (an associate professor in NC State University’s department of biomedical engineering) “We are very excited about these projects getting the funding they need to continue moving forward,” said Dennis Kekas, associate vice chancellor. “They are both excellent examples of research on Centennial Campus that is moving from the lab to real-world applications.” The endowment is named after the retired IBM executive, who ran the company’s RTP operations for 23 years, and his wife. Daugherty is a trustee of the Kenan Institute at NC State, as well as a board member for NC State’s Entrepreneurship Initiative. Daugherty was also Director of the Research Corporation for NC State’s Centennial Campus and board member of Progress Energy. He received the North Carolina Public Service Award in 1991 and the Raleigh Chamber of Commerce’s A.E. Finley Award in 1994. About Centennial Campus and NC State University Centennial Campus (http://www.centennial.ncsu.edu) is an internationally recognized 1,314-acre research park and technology campus owned and operated by North Carolina University. Home to more than 60 corporate, government and non-profit partners, such as Red Hat, ABB, and the USDA, collaborative research projects vary from nanofibers and secure open systems technology to serious gaming and biomedical engineering. Four university college programs also have a significant presence on campus – College of Engineering, College of Veterinary Medicine, College of Textiles and the College of Education. NC State is one of the top research universities in the country, with expenditures in research approaching more than $325 million annually. The university ranks third among all public universities (without medical schools) in industry-sponsored research expenditures. (http://www.ncsu.edu) End
Page Updated Last on: Feb 23, 2011
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