VANCOUVER, BC & IRVINE, CA – November 15, 2022
VoltSafe Inc. today announced a strategic partnership with Menlo Microsystems, Inc. (Menlo Micro) to co-develop the most advanced electrical plug technology ever invented. Both companies are strong proponents of advancing how the world connects to electricity, and the combination of Menlo Micro’s Ideal Switch technology with VoltSafe’s advanced smart electrical outlet and connector will enable the future of next-gen smart power connectivity.
Seeing deficiencies in existing relays and switches that caused the products they operated to be bigger, slower, less capable, or more expensive, Menlo Micro set out to create a better solution and developed Ideal Switch – the greatest electronic component innovation since the transistor. The Ideal Switch is the electronic industry’s Holy Grail – a device that delivers all the benefits of a mechanical relay and a semiconductor switch, with no compromises. The Ideal Switch is tiny, fast, reliable, withstands extreme temperatures, is ultra-low loss and can handle 1,000s of watts. Menlo Micro in March announced its $150 million USD Series C, bringing Menlo Micro’s total cumulative funding to over $225 million USD. Vertical Venture Partners and Tony Fadell’s Future Shape led the round. Menlo’s Micro’s confidence in VoltSafe’s disruptive technology powering the future of how the world connects to electricity, paved the way for this early collaboration.
“Our goal is to innovate and empower our partners to disrupt the traditional world of relays and switches,” said co-founder and SVP WW Marketing, Chris Giovanniello. “With our Ideal Switch technology, we are committed to delivering the best and highest performance switching technology to create a more energy efficient and sustainable world, with an entirely new category of electronic switches. We look forward to working with VoltSafe to help the entire electrical ecosystem unlock the promise of next-gen smart power connectivity.”
VoltSafe is rapidly expanding into multiple verticals and partnering up with Menlo will enable VoltSafe to produce even more sleek embodiments with faster, thinner switches and optimal GHG emission reduction features.
VoltSafe CTO, Sanad Aridah noted, “Integrating Menlo technology into our product embodiments will elevate the efficiency of our connector solutions, allowing us to create even thinner, smarter outlet systems than ever before. We’re working extremely hard, co-developing a pilot project for a major reveal in the short months ahead.”
About VoltSafe Inc.
VoltSafe Inc. is changing the way people connect to power. Headquartered in Vancouver, BC, the Canadian tech startup has reinvented the electrical plug by eliminating prongs, adding magnets and an “electrical fingerprint”. Using patented technology, VoltSafe has created the world’s safest, simplest, and smartest plug design since electricity came into homes more than 140 years ago. The company’s product pipeline includes magnetic plug replacement solutions for household, commercial, industrial, marine, electric and autonomous vehicles, emergency services, data centres and more.