Michal Vakrat Wolkin CleanTech Open 2014

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Michal Vakrat Wolkin CleanTech Open 2014

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Invention or innovation?

• Silicon can emit red to blue light in the nano scale

• Michal Vakrat Wolkin, Physical Review

Letters, 82, 197 (1999)

• Intel and Corning are developing a new optical interconnect technology capable of 1.6 terabits per second.

Optical based computing….

Invention Innovation

Clean Tech innovation challenges…

Dr. Michal Vakrat Wolkin michal@vakrat.com

• We have to solve great challenges of our society, provide clean water, sustainable energy, build infrastructures in emerging economies, and move into oil independence

Quantum Dots

Turbine blades

Electron Value

Cellulosic bio mass

Efficient power

Wider adoption

Innovations happen everywhere…

How do companies succeed in innovations? …

Innovation isn't a cooperate phenomena …

1. Subject matter expertise is not a must…

Dr. Michal Vakrat Wolkin michal@vakrat.com

Tesla Model S

Best practices for success…

“More positive change , less incremental improvements…”

2. Can do vs. Can’t do culture…

Dr. Michal Vakrat Wolkin michal@vakrat.com

1876: Alexander Graham Bell makes the first telephone call in his Boston laboratory

Imagine the future…

Dr. Michal Vakrat Wolkin michal@vakrat.com

Innovation = Keep Trying… Take a risk….

Innovations in Batteries for Electric Cars

2. Can do vs. Can’t do culture…

• Battery in 2009; (Range <100 km, Price> 1000$/KWh) • Battery in 2014; (Range: >300km, Price <300$/KWh) • Tesla’s Giga battery factory

3. Thinking Inside the box … (as opposed to Outside the Box)

Defining the box is key, innovations come from practical solutions o Instagram o Tesla

4. Business Un- usual…

Dr. Michal Vakrat Wolkin michal@vakrat.com

Kickstarter

Distorting usual ways, changing fundamental economics

4. Business Un- usual…

Dr. Michal Vakrat Wolkin michal@vakrat.com

o Collaborations

Future energy storage system

Lunar Lander Moon express

o Competitions

NASA’s Innovation Strategy:

6. Making new rules in clean tech…

• Community/commercial energy storage (Solar City)

• Shared energy economy / Electron’s economic value (NREL)

• Charging cars instead of fueling cars (ChargPoint)

• Safe nuclear fusion (Helion)

Dr. Michal Vakrat Wolkin michal@vakrat.com

Helion Energy wins energy generation category at Cleantech-Open 2013

NASA’s Centennial Challenges

• Engage the public in the process of advanced technology developments

• Incentive prizes to generate revolutionary solutions

Latest challenge 2012;

• “The Night Rover Challenge” catalyzes bold advances in energy storage technologies for Space Rovers

Dr. Michal Vakrat Wolkin michal@vakrat.com

The mission: • Portable energy storage system through several lunar daylight and darkness

The process: • Steering committee defines the technical spec

• Challenge is advertised to the relevant research communities

• Concept submission deadline and review (6 months)

• Teams submit applications (1 year development)

• Start of trials and Testing at NASA Glenn

Judging criteria: • Mass, Volume, Energy content

Status Update: •In most cased…. No winning technology…

$1.5M prize purse

The Night Rover Challenges

Dr. Michal Vakrat Wolkin michal@vakrat.com

Gates Foundation Gates challenges: extreme poverty , poor health in developing countries, America’s education system

Dr. Michal Vakrat Wolkin michal@vakrat.com

Innovations Success factors:

collaborations, unlimited funding, focus on project management, good cause

Summary

• While the challenges are huge, we are able to solve them thinking creatively…

• “Don’t just go for safe project, take on the really tough problems.” Warren Buffett

• Israel is a hub for those “smart and young” engineers that can break the rules… so go find your collaborators …. and innovate…

Dr. Michal Vakrat Wolkin michal@vakrat.com

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