Tuesday, March 31, 2020
Conflow is pleased to announce its new focus will be in the lighting sector. This focus allows a multi-faceted strategy for fast-paced growth and cost-effective testing for its devices and intellectual property in international markets.
ConFlow Power has spent the past five months preparing partners and combining technology to launch a lighting division for streetlights, servicing both the public and private sector in small and large-scale projects.
There are now over a dozen live projects in which ConFlow has been asked to participate or take the lead.
ConFlow has been advancing its Battery/Ware device and streamlining the Power as a Service (PaaS) technology to fit all components into the newly designed streetlights. These have been constructed in collaboration with its many international partners.
ConFlow’s lighting division allows revenue to flow into the company while it tests multiple different, and in some cases, competitive devices in the field.
The alternative power sector is fraught with developmental blockages and protracted research. Whereas ConFlow has not been immune to these challenges, it has found an innovative way to fund this research and development while keeping its focus on revenue.
All newly developed devices will be housed into the streetlights and installed in multiple locations around the world under profitable streetlight contracts as well as pure testing arrangements. This allows data to accumulate, revenue to flow and errors and failures to be made in the field, while not interrupting the constant flow of light from the streetlights. This consistency is ensured by using multiple options as the primary source of power alongside a lithium Ion battery pack and the growing family of ConFlow devices.
This initiative achieves the following factors at the same time:
Edward Fitzpatrick, CEO of ILOCX and Director of E-Getx, said, “ConFlow is a pure innovator now, not just because it is combining many devices and technologies to create innovative products that will lead in smart city developments, but also in the approach to demanding revenue whist conducting in-field testing. This is new and very creative, owning the resulting data is the icing on the top.”
He added, “The Company is set for a strong year ahead. Even with the current market pressures and global shutdowns, ConFlow has shown resilience and creativity. Where installations have experienced delays because of the global pandemic of COVID-19, these are inevitable and the plans will go ahead as soon as travel restrictions are lifted.”
For more information go to www.ConFlowPower.com
Conflow Power Group Limited is pleased to confirm the closing of a major agreement to mass manufacture key components
We are very pleased to confirm the conclusion and signing of the agreement for structured contract financing