Everyone knows that helpless feeling one gets when the phone battery dies. An Illinois startup has created a wearable motion-charger that will fix this problem. AMPY MOVE recharges a user's smartphone as the person burns calories through running, walking and biking. The portable smartphone battery transforms kinetic energy generated through a user's daily activities.
AMPY MOVE's innovative technology creates one hour of phone battery out of one hour of constant exercise. If the phone isn't being used, then the one hour of phone battery turns into five hours of standby battery. The startups future plans include the creation of an application which can track the amount of kinetic energy a user generates on their daily activity. The founders want to create this app so users can challenge their friends and family, ultimately creating a healthy competition.
Users can wear the portable charger wherever they want. The only instruction is to place it where the logo is facing up for optimal battery charge. The AMPY MOVE captures energy from any type of human movement. To check if AMPY is actually generating energy, make sure that the blue LED light is flashing or even easier, that your smartphone is charging.
It took several hundreds of testing hours for the founders to create AMPY MOVE. All these testing hours, whether they were failures or fruitful, are considered qualified research activities when calculating the Research and Development tax Credit. The wearable industry definitely qualifies for this type of federal tax incentive and state tax incentive. Contact Kuhler tax Credits to see how we can increase its market value and boost the company's bottom line through these federal tax credits and state tax credits.
Tax credits are a dollar-for-dollar offset against tax liabilities- and can be carried forward for up to 20 years.Almost all states offer the R&D tax incentive to supplement the Federal Research & Development Tax credit.
By jim son