2005 News

Electrodynamics Associates’ Chief Executive Officer Named Entrepreneur Of The Year

Orlando, Fla. (May 9, 2005), Jay Vaidya, founder and chief executive officer of Electrodynamics Associates, Inc. of Orlando, was recently named 2005 Entrepreneur of the Year by the Orlando section of the Institution of Electrical and Electronics Engineers (IEEE). Electrodynamics Associates focuses on pioneering technology in electromagnetics, materials, thermodynamics and DSP-based control systems

“This is a great honor to be recognized by the IEEE, one of the premiere associations in our field,” said Vaidya.

The firm has successfully developed a number of electric generators and controllers for aerospace and military applications.

Electrodynamics Associates, a University of Central Florida Technology Incubator company, has been associated with UCF for several years, said Tom O’Neal, chief executive officer of the UCF Technology Incubator. “It has been great to watch the progress of the firm has made over those years from both the technical and business perspectives,” said O’Neal.

The firm manufactures generators that produce from 5-kilowatt to 2.5 megawatts of power and operates at 15,000 to 60,000 RPMs to provide high power density solutions for military and commercial applications.

Electrodynamics Associates is developing electric propulsion motors for hybrid electric vehicle propulsion. The firm’s research and development programs are currently funded through Small Business Innovations and Research (SBIR) grants from the Air Force and Army Research Laboratories.

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For more information, please contact:

Jay Vaidya, Electrodynamics Associates, 407-977-1825

Tom O’Neal or Carol Ann Dykes, UCF-Technology Incubator, 407-882-0202

Larry Vershel or Beth Payan, LV Communications, 407-644-4142

About Electrodynamics Associates Inc.

Electrodynamics was established in 1995 to develop high power density electric power generators and controllers for aerospace, vehicular, and distributed power systems (DPS); and electric motors with controllers for propulsion and other special applications. The technology is based on use of DSP's in the loop for optimized, efficient systems. The power range is from 5 kW to 2.5 MW. The company has received 4 SBIR Phase II contracts and 1 focused Program Research contract to build, test, and demonstrate the prototype hardware, following successful SBIR Phase I programs. The company approaches the design of electric motor and generator systems to aggressively reduce weight and size and improve the operating performance using the most current materials, hardware, and software technologies. For more information, visit www.electrodynamics.net.

About the UCF Technology Incubator

Since its founding in 1999, the UCF Technology Incubator has helped more than 80 emerging technology companies create over $175 million in revenue and more than 600 new jobs with an average salary of $59,000. As a result of this success, the UCF Technology Incubator was recently named the 2004 Technology Incubator of the Year by the National Business Incubation Association. Headquartered in Research Park near the University, the Incubator is a true collaboration in economic development between UCF, Orange County, the City of Orlando the Florida High Tech Corridor Council and the Metro Orlando Economic Development Commission. For more information, please visit http://www.incubator.ucf.edu.

 

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