Inmatech Welcomes Les Alexander as CEO as Business Expands
Les Alexander named Chief Executive Officer as Inmatech seeks to double headcount and ramp-up its commercialization efforts in 2015–2016.
Inmatech, Inc., (www.inmatech-inc.com), the innovative material technologies company developing advanced supercapacitors, is pleased to announce that Mr. Leslie (“Les”) Alexander joined the company leadership team effective February 2015. Les brings with him a deep-rooted understanding of advanced energy storage systems, strong corporate strategic and product development skills in fast-paced environments stemming from his 30+ years of experience in the industry and military service. Les has helped attract roughly $50 million in funding to his previous employers and is helping the Inmatech continue to grow and expand. Inmatech aims to double its current staff within the next few years and is presently hiring qualified scientists, engineers, and laboratory technicians.
Previously, Les served as General Manager for Navitas Systems (Woodridge, IL) as part of their Advanced Solutions Group in Ann Arbor, Michigan. Navitas specializes in military and commercial energy storage products, design and engineering solutions for advanced mobility, stationary, and defense markets. Navitas’ 6TTM lithium ion battery pack and PowerForceTM brand Auxiliary Power Unit (APU) offer durable, lightweight, and cost effective solutions to meet the energy and power demands of fleets in both the defense and civilian sectors. Prior to his tenure with Navitas, Les served as General Manager for A123 Systems, T/J Technologies and as a Lieutenant Commander in the U.S. Navy.
Inmatech is a University of Michigan (Ann Arbor) spinoff co-founded by Drs. Levi Thompson and Saemin Choi, which is commercializing asymmetric supercapacitors (supercaps) with Vanadium-based electrodes. These supercaps offer superior performance, life, and durability at a fraction of the cost of other leading supercapacitors. They can be paired with either a lead acid or lithium ion battery in parallel to form a robust Hybrid Energy System (HES). The Inmatech supercap can significantly extend the battery life, improve performance and handle intense power demands, while the battery handles bulk energy requirements in an HES. This HES solution is ideal for filling the needs of the burgeoning mobile and stationary markets, such as light electric vehicles, start-stop, regenerative braking, distributed generation, and other types of energy storage systems.
“We are excited to welcome Les to our management team as COO of Inmatech as we continue to rapidly expand and ramp up our commercialization efforts,” Dr. Thompson stated. “The technology developed at UM has several advantages over competing technologies, with cost effectiveness topping that list. And, let’s face it, cost is king. But you can’t sacrifice performance, either. And, because of our proprietary materials driven approach, our device comes in at a mere fraction of the cost of other commercially available supercaps and even some lithium ion batteries.” Levi added that, “Les’ track record speaks for itself. He understands energy storage systems and he knows what it takes to close a sale. But, more importantly, he’s adept at developing strong customer relationships and understands what customers need and want, which is often a customized solution, not necessarily a one-size-fits-all product.” Dr. Choi added that, “that’s also something that can’t be taught.”
Lead acid batteries have the issues of being extremely heavy, bulky, and needing replacement too often, as well as weak performance under a partial state of charge (PSOC) and in very cold weather. These all do not bode well for customers using them in what are supposed to be light mobile systems. But they are cheap and it is a well-established technology. Lithium ion batteries, on the other hand, work and last longer, but come at a cost premium and have well-documented inherent safety risks under certain operating conditions, due to the nature of the redox reactions and materials used in the electrodes. The Inmatech supercap can help bridge the gap and amend these issues to relieve a lead acid or lithium ion battery of much of the stress leading to high turnover and replacement rates, weak performance, and thermal incident risks.
Visit Inmatech as part of the Michigan Economic Development Corporation’s and NextEnergy’s Michigan Pavilion Exhibit at the advanced automotive batteries conference (aabc) 2015 in June in Detroit to learn more and at The Battery Show in September in Novi, Michigan.