Winners chosen in 12th annual Global Automotive & Mobility Innovation Challenge

DETROIT, May 6, 2020 – The Global Automotive & Mobility Innovation Challenge (GAMIC) selected four (4) innovation start-ups as Award Winners of 2020 GAMIC Finals, held virtually to a global viewers on 24 April 2020.  The twelve (12) Finalists from Japan, Canada, Germany and USA – selected and mentored over the past eight months from a pool of over 90 global applicants – offered a broad array of technologies to advance vehicle transportation systems of the future. GAMIC Finals Program – Following introductions by GAMIC Co-Founder David Stout and 2020 GAMIC Chair Vic Havele, each of the 12 Finalists pitched their innovations in …

Why VIC Sometimes Steps Outside Its Life Science Focus

VIC Technology Venture Development primarily is focused on building companies around high-impact life science technologies, including medical devices, therapeutics, diagnostics, and advanced instrumentation. More than eighty percent of the pipeline of new opportunities that our team reviews is in these areas. They provide the combination of significant societal benefit and high commercial opportunity which VIC seeks. VIC’s Intellectual Property Sourcing When VIC began, however, we were technology agnostic. We simply were looking for the best technologies we could find that were available for license from universities and that might serve as a good intellectual property foundations for forming new companies. As …

Tesseract Structural Innovations is a 2020 finalist in the Global Automotive & Mobility Innovation Challenge

MI Innovation Alliance & SAE International Present: 12th Annual GAMIC Finals Virtual Pitch Competition PRESS RELEASE PR Newswire Apr. 14, 2020, 03:20 PM DETROIT, April 14, 2020 /PRNewswire/ — The 2020 Finals of the Global Automotive & Mobility Innovation Challenge (GAMIC) – sponsored by the MI Innovation Alliance and SAE International – will be a virtual event on Friday, April 24, 2020, beginning at 10:30 am EST. 12 teams were selected from an international pool of 24 Semi-finalists to compete as Finalists in the 2020 GAMIC Finals. The Finalists, including five (5) international companies and seven (7) U.S. companies, will compete for over $300k in cash and in-kind …

Tesseract at SAE WCX April 9-11

Tesseract Structural Innovations, Inc. attending SAE WCX April 9-11 in Detroit Michigan FAYETTEVILLE, Ark. – March 29, 2019 – Tesseract Structural Innovations, Inc. announced today it will be exhibiting in the exclusive Start-up Pavillion (booth SUP3) at the 2019 SAE WCX World Congress Experience, being held at the Cobo Center in Downtown Detroit, April 9-11, 2019.  The WCX World Congress Experience is a mobility industry event held annually that brings together engineers, executives, OEMs, suppliers, and decision-makers across the entire mobility-engineering field. The Expo draws more than 10,000 attendees, 1,000 exhibitors, and key-decision makers across the automotive industry. Tesseract Structural …

James Y Lancaster Joins VIC Technology Venture Development

Named Chief Executive Officer of Tesseract Structural Innovations, Inc. FAYETTEVILLE, AR – November 1, 2018 – VIC Technology Venture Development™ (VIC) is pleased to announce that James Y. Lancaster has joined the company as Managing Director – Texas Branch, and is serving as interim CEO of VIC portfolio company Tesseract Innovations, Inc.  Mr. Lancaster will assist in the assessment and creation of new ventures in Texas based on exclusively licensed intellectual property from top research institutions in Texas and around the world. He provides management expertise in in the areas of business development, technology commercialization, team formation, and corporate strategic …

VIC Technology Venture Development Forms New Portfolio Company, Tesseract Structural Innovations, Inc.

Uniform Deceleration Unit (UDU) design presents a major advance in vehicle safety. FAYETTEVILLE, AR – June 4, 2015 – VIC Technology Venture Development, LLC has announced that it has formed Tesseract Structural Innovations, Inc.  The company was established to develop and commercialize new solutions for vehicle safety, based on a patents-pending technology that can absorb crash energy and save lives. Automobile accidents are an unfortunate reality in the world today. Every year, millions of people are injured and tens of thousands die from automotive crashes in the U.S. The deadliest form of crash is the small overlap crash (SOL), where …