PRESS RELEASE
February 6th, 2019

SunTech Drive Media Contacts:
Vice President of Sales and Marketing, Jeff Lints
Jeff.Lints@SunTechDrive.com | (877) 230-7501

Bud Michael, CEO of SunTech Drive
Bud.Michael@SunTechDrive.com

 

SunTech Drive appoints new CEO to Support Company Growth
Bud Michael Joins Growing Company, SunTech Drive, as new CEO

Boulder, Colorado –SunTech Drive LLC., an innovative solar power electronics company headquartered in Boulder, announces that as part of their rapid growth plan, the company has appointed industry veteran Bud Michael as its new CEO.  Michael joined SunTech’s Board of Directors in September 2018.

“I am thrilled to join SunTech as it transitions to its next phase of business growth,” said Bud Michael. “The capabilities of SunTech Drive’s technology are seemingly boundless, and the company has experienced early wins due to their insightful innovations in the energy sector. I’m excited to start working with their dedicated team to help in scaling their business.”

SunTech Drive is a current Innosphere Client Company and participates in the incubator’s recently launched Scaleup Program for high-growth companies.

Michael has four decades of experience for industry leading hardware and software companies. He has held executive level sales and marketing positions with large, industry-leading product companies including Intel, Tandem Computer, Sequent Computers and KANA Software.  Michael has been CEO at four privately funded technology and data services companies where he led the scaling of these businesses, selling two of these companies for substantial return to the shareholders.

SunTech Drive produces intelligent power electronics that enable edge-of-the-grid AC loads to be effectively powered by solar. SunTech Drive’s products use real-time blending of solar and AC grid power, along with variable speed technology, to eliminate peak demand charges to the consumer and to offset grid power consumption using solar energy. Through adaptive firmware, SunTech Drive is developing a utility-friendly communication network of power controllers to efficiently regulate load operation.

For more information on SunTech Drive, contact Vice President of Sales and Marketing Jeff Lints at Jeff.Lints@SunTechDrive.com or (877) 230-7501.

 

 About SunTech Drive

SunTech Drive bridges the most efficient off-grid nanogrid controllers on the market with Energy IoT.  The patent pending designs represent a dramatic departure from the large and costly legacy controllers of the past.  The company replaces legacy electromagnetic cores and windings with high-speed digital switching silicon and adaptive firmware. This results in controllers that are an order of magnitude smaller and lighter, and allows for incorporating multiple system components into one integrated controller. https://suntechdrive.com/

 About Innosphere

Innosphere accelerates the success of high-impact science and technology-based startup and scaleup companies. Innosphere’s incubation program focus on ensuring companies are investor-ready, connecting entrepreneurs with experienced advisors, making introductions to corporate partners, exit planning, and accelerating top line revenue growth. Innosphere supports entrepreneurs in many industries, including but not limited to: bioscience; medical device; cleantech; energy; advanced materials; hardware; IoT; and enterprise software. Innosphere has been supporting startups for 20 years, has locations in Fort Collins, Boulder, Denver, and Castle Rock. www.innosphere.org/