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Solace Power Welcomes Neil Desai as Chair of the Board of Directors

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Solace Power Inc., a leader in wireless power technology, has appointed Neil Desai as Chair of its Board of Directors. Desai brings extensive experience in global technology commercialization, having played a key role in Magnet Forensics' growth from startup to a publicly-traded company with a $1.8-billion sale. CEO Neil Chaulk welcomed Desai, highlighting his strategic insights and commercialization experience as valuable assets for Solace's expansion.

Desai, who serves on several boards and is a senior fellow at the Centre for International Governance Innovation, expressed enthusiasm about joining Solace at a important time. He emphasized the transformative potential of wireless power technology and Solace's strong position to lead the emerging global market. The appointment follows Solace's recent successes, including the launch of power through-window technology for telecom and a partnership with Gentex (NASDAQ: GNTX) in the automotive sector.

Solace Power Inc., leader nella tecnologia di alimentazione senza fili, ha nominato Neil Desai Presidente del suo Consiglio di Amministrazione. Desai porta con sé una vasta esperienza nella commercializzazione della tecnologia a livello globale, avendo ricoperto un ruolo chiave nella crescita di Magnet Forensics da startup a società quotata in borsa con una vendita di 1,8 miliardi di dollari. Il CEO Neil Chaulk ha accolto Desai, sottolineando le sue intuizioni strategiche e l'esperienza nella commercializzazione come risorse preziose per l'espansione di Solace.

Desai, che ricopre diverse cariche nei consigli di amministrazione ed è senior fellow presso il Centre for International Governance Innovation, ha espresso entusiasmo per l'ingresso in Solace in un momento importante. Ha evidenziato il potenziale trasformativo della tecnologia di alimentazione senza fili e la forte posizione di Solace per guidare il mercato globale emergente. La nomina segue i recenti successi di Solace, tra cui il lancio della tecnologia di alimentazione attraverso le finestre per le telecomunicazioni e una partnership con Gentex (NASDAQ: GNTX) nel settore automobilistico.

Solace Power Inc., líder en tecnología de energía inalámbrica, ha nombrado a Neil Desai como presidente de su Junta Directiva. Desai aporta una amplia experiencia en la comercialización de tecnología a nivel global, habiendo jugado un papel clave en el crecimiento de Magnet Forensics desde una startup hasta convertirse en una empresa que cotiza en bolsa con una venta de 1.8 mil millones de dólares. El CEO Neil Chaulk dio la bienvenida a Desai, destacando sus conocimientos estratégicos y experiencia en comercialización como activos valiosos para la expansión de Solace.

Desai, quien se desempeña en varias juntas y es investigador principal en el Centro para la Innovación de la Gobernanza Internacional, expresó su entusiasmo por unirse a Solace en un momento importante. Enfatizó el potencial transformador de la tecnología de energía inalámbrica y la sólida posición de Solace para liderar el mercado global emergente. El nombramiento sigue a los recientes éxitos de Solace, que incluyen el lanzamiento de tecnología de alimentación a través de ventanas para telecomunicaciones y una asociación con Gentex (NASDAQ: GNTX) en el sector automotriz.

솔라스 파워 주식회사(Solace Power Inc.)는 무선 전력 기술의 선두주자로 닐 데사이(Neil Desai)를 이사회 의장으로 임명했다. 데사이는 Magnet Forensics의 스타트업에서 상장 기업으로의 성장 과정에서 중요한 역할을 한 글로벌 기술 상용화 경험을 보유하고 있다. CEO 닐 촐크(Neil Chaulk)는 데사이를 환영하며, 그의 전략적 통찰력과 상용화 경험이 솔라스의 확장에 귀중한 자산이 될 것이라고 강조했다.

여러 이사회에서 활동 중이며 국제 거버넌스 혁신 센터(Centre for International Governance Innovation)에서 선임 연구원으로 활동하고 있는 데사이는 중요한 시기에 솔라스에 합류하게 되어 기쁘다고 밝혔다. 그는 무선 전력 기술의 변혁 잠재력과 솔라스가 떠오르는 글로벌 시장을 선도할 수 있는 강력한 위치에 있다는 점을 강조했다. 이번 임명은 솔라스가 최근 성공적으로 통신을 위한 창통과 전력 기술을 출시하고 자동차 부문에서 젠텍스(Gentex) (NASDAQ: GNTX)와 파트너십을 체결한 후에 이루어졌다.

Solace Power Inc., un leader dans la technologie de l'alimentation sans fil, a nommé Neil Desai président de son conseil d'administration. Desai apporte une vaste expérience dans la commercialisation de la technologie à l'échelle mondiale, ayant joué un rôle clé dans la croissance de Magnet Forensics d'une start-up au statut de société cotée en bourse avec une vente de 1,8 milliard de dollars. Le CEO Neil Chaulk a accueilli Desai, soulignant que ses idées stratégiques et son expérience en commercialisation sont des atouts précieux pour l'expansion de Solace.

Desai, qui siège dans plusieurs conseils et est chercheur principal au Centre for International Governance Innovation, a exprimé son enthousiasme à rejoindre Solace à un moment important. Il a souligné le potentiel transformateur de la technologie de l'alimentation sans fil et la position solide de Solace pour diriger le marché mondial émergent. La nomination fait suite aux récents succès de Solace, notamment le lancement de la technologie de transmission de puissance à travers les fenêtres pour les télécommunications et un partenariat avec Gentex (NASDAQ: GNTX) dans le secteur de l'automobile.

Solace Power Inc., ein führendes Unternehmen im Bereich der drahtlosen Stromtechnologie, hat Neil Desai zum Vorsitzenden seines Vorstands ernannt. Desai bringt umfangreiche Erfahrung in der globalen Technologiebewertung mit und spielte eine entscheidende Rolle beim Wachstum von Magnet Forensics von einem Start-up zu einem börsennotierten Unternehmen mit einem Verkauf von 1,8 Milliarden US-Dollar. CEO Neil Chaulk hieß Desai willkommen und betonte, dass seine strategischen Einblicke und Erfahrungen in der Kommerzialisierung wertvolle Vermögenswerte für die Expansion von Solace darstellen.

Desai, der in mehreren Vorständen tätig ist und Senior Fellow am Centre for International Governance Innovation ist, drückte seine Begeisterung darüber aus, zu Solace in einer wichtigen Phase zu stoßen. Er hob das transformative Potenzial der drahtlosen Stromtechnologie und die starke Position von Solace hervor, den aufkommenden globalen Markt zu führen. Die Ernennung folgt den jüngsten Erfolgen von Solace, darunter der Launch der Technologie zur Energieübertragung durch Fenster für die Telekommunikation und eine Partnerschaft mit Gentex (NASDAQ: GNTX) im Automobilsektor.

Positive
  • Appointment of Neil Desai as Chair, bringing valuable experience in tech commercialization and scaling
  • Recent launch of power through-window technology for the telecom market
  • Partnership with Gentex (NASDAQ: GNTX) in the automotive space
  • Ongoing advancement of technology and IP portfolio through aerospace sector partnerships
Negative
  • None.

MOUNT PEARL, NL, Sept. 24, 2024 /PRNewswire/ - Solace Power Inc. ("Solace"), a global leader in high-performance, leading-edge wireless power technology, is pleased to announce the appointment of Neil Desai, ICD.D, as Chair of its Board of Directors, effective immediately.

Desai is an accomplished executive with a rich background in global technology commercialization. He has held senior leadership roles at Magnet Forensics where he was integral in the company's journey from start-up to scaling sales in over 100 countries. There he helped lead the company's initial public offering on the Toronto Stock Exchange and subsequent $1.8-billion sale to Thoma Bravo in 2023.

"It's a pleasure to have Neil join our Board of Directors as Chair. His strategic insights and extensive commercialization experience in guiding tech companies through significant growth phases will be invaluable as Solace Power continues to expand our wireless power solutions across various industries." said Neil Chaulk, CEO of Solace Power.

In addition to his role at Solace, Desai serves on the boards of ClearRisk Inc., the Alcohol and Gaming Commission of Ontario, Innovation Asset Collective, Public Policy Forum and served two terms on the board of YMCA Canada. He is also a senior fellow with the Centre for International Governance Innovation, Entrepreneur-in-Residence with the Rogers Cyber Catalyst and a regular contributor to the Globe and Mail's Report on Business.

"I am honoured to join Solace Power as Chair at such a pivotal time in the company's history," said Desai. "Wireless power technology is set to transform numerous sectors and with our strong intellectual property portfolio, talented team and substantial investments in research and development, I believe we can lead this emerging global market."

The appointment builds on Solace Power's recent success, including the launch of power through-window technology for the telecom market and the recent partnership with Gentex Corporation (NASDAQ: GNTX) in the automotive space. The company continues to advance its technology and IP portfolio with its longstanding research and development work in partnership with the aerospace sector.

About Solace Power

Solace Power is a leading developer of intelligent wireless power-based solutions featuring proximity sensing and data. Their patented technology provides industrial-grade decoupled power for a world of new, previously unachievable applications across automotive, defense, industrial automation, and telecommunications. Solace Power is proud to have won the Boeing Silver Level Performance Excellence Award, Deloitte's Technology Fast 50™/Companies-to-Watch, and the Best Places to Work in Atlantic Canada in 2024 Award.

To learn more about Solace's wireless power solutions, please visit www.solace.ca.

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SOURCE Solace Power

FAQ

Who is the new Chair of Solace Power's Board of Directors?

Neil Desai has been appointed as the new Chair of Solace Power's Board of Directors, effective immediately.

What is Neil Desai's background and experience?

Neil Desai has extensive experience in global technology commercialization, having held senior leadership roles at Magnet Forensics where he helped lead the company's IPO and subsequent $1.8-billion sale to Thoma Bravo in 2023.

What recent successes has Solace Power achieved?

Solace Power has recently launched power through-window technology for the telecom market and formed a partnership with Gentex (NASDAQ: GNTX) in the automotive space.

How does Solace Power continue to advance its technology?

Solace Power continues to advance its technology and IP portfolio through longstanding research and development work in partnership with the aerospace sector.

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