The company has signed a Letter of Intent with revenue and six Memorandums of Understanding with a number of global electronics manufacturers to explore product, scoping, development and contract terms.
The company said that it has completed and/or is building solid-state-based, full functional demo models or pre-production product for a range of categories that include multi-function capacitive touch smart dimmer switches, smart outlet, and smart, programmable retrofit Din Rail (Europe) and NEMA (US) circuit breakers.
“The combination of our internal and partner aligned development initiatives are re-inventing a foundational technology that hasn’t changed materially in over 50 years, and this is happening faster than anyone would have thought possible a few years ago,” said Amber Founder, President and CEO Thar Casey.
Amber has five patents secured, with 36 filed to cover both hardware and software innovations as well as received UL component-level certification for one of their core breakthroughs. “Amber’s portfolio of patented technologies is going to disrupt the global electrical and powered products industries by enabling robust integration of advanced artificial intelligence and Internet-of-Things (IoT) connectivity in any electrical product that requires AC to DC conversion or AC switching,” Casey said.
Amber’s core innovation is a programmable solid-state power system, with a clear path to the development of a silicon chip. Amber’s system controls the flow of electricity digitally enabling integration of unique intelligence into building electrical products and infrastructure.
According to the company, its solution will introduce a much safer, more reliable and dramatically smarter functional alternative to the 1970’s era electro-mechanical components that are standard in electrical infrastructure products.
“Much like the way the modern smartphone has combined countless communications capabilities into a single product, Amber-enabled solutions can integrate virtually any, and multiple, IoT sensors or tools," Casey explained. "We will enable a giant leap forward in the intelligence that can be delivered into buildings, on the back of the electrical infrastructure. Amber’s secret sauce is its ability to digitally regulate power while housing software programs and machine learning algorithms in a solid-state architecture."
Amber's solid-state technologies will be able to deliver a much smaller sized power management system, which will open up space for substantially more features in the same standard product footprint and reduce costs - enabling electrical endpoint outlets, light switches, lighting cans, bulbs, and more – to become hyper intelligent IoT nodes capable of communicating with sensors and smart systems and dramatically extending the value of residential and commercial smart building systems.