CorpGov, IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with the CEO of KiNRG to discuss downdraft energy technology and cost comparisons of renewable energy tech. The event featured CEO Ronald Pickett along with Bondi Partners Director Mark Sjolander, joined by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a moderated video session lasting approximately 60 minutes including a Q&A with the audience.
Messrs. Pickett and Sjolander discussed:
Downdraft Energy Technology
Cost Comparisons of Renewable Energy Tech w/ KiNRG
Arizona Energy Campus & Ancillary Economic Benefits
PPA Agreements & Third-Party Sponsors (Bondi, etc.)
Over the past decade KiNRG, Inc., the “Company” has used its resources to develop and refine a means to generate massive amounts of carbon free electricity with no residual waste.
Originating from many man years of studies done at the Technion University in Israel decades ago, but without the advantages of today’s meteorological data capture capability, sophisticated software modeling, modern construction techniques, and enhanced construction materials, the Technion was unable to facilitate an economic model that was stable, viable, and sustainable. Our organization completed the refinements of this wonderful beginning, tested, prototyped and patented the finished generating facility capable of producing energy that is significantly more efficient, cost effective, and reliable than either traditional solar or wind. A clean power source that does not degrade over years, that is safe for wildlife and birds, and complimentary to the ecosystem has arrived.
KiNRG, Inc. has worked diligently with qualified and experienced management to bring this novel clean energy solution to market. The efforts have been supported by large successful companies in conjunction with academia. Consultants to the Company include department heads from universities including N.C. State University (Physicist), Penn State University (Meteorology), Georgia Tech (Aerospace & CFD), University of Oklahoma (Meteorology), and Milwaukee School of Engineering (Fluid Dynamics & CFD).
About Bondi Partners:
Bondi Partners is a unique advisory and investment firm offering strategic counsel in a rapidly-evolving world.
Comprising senior politicians, national security leaders, senior financiers, government relations and strategic communications expertise, our mission is to help elevate the U.S.-Australian trade & investment relationship to the next level, supporting the growth of leading innovators in both countries, and investing in the next generation of success stories. Bondi Partners is committed to supporting the people, capital & companies that are the foundation of the U.S.-Australia partnership.
We partner with companies ranging from Fortune 500 giants and global investment managers to innovative startups and innovators seeking to change their industry. Our ability to bring together and manage the relationships and experts based on our clients’ needs ensures they are best positioned to expand into competitive markets and achieve their goals.
Through our investment arm, 1941, we make investments in dual-use technology businesses within the national security sphere.
About the Speakers:
Ron Pickett co-founded the Company in July 2010 as the sole initial investor. He has remained Chairman and CEO since January 2011. Prior to this experience, Ron Pickett served as Youth Advisor to President Johnson until January 1969. After leaving the Johnson Administration in 1969 he consulted for the Frouge Corporation and its partner Gulf Oil, obtaining a Title 10 loan agreement for a large real estate development in San Francisco Bay area. He then consulted Madison Square Garden Corporation liquidating assets from its real estate portfolio after its acquisition of control by Phil Levin.
After the passing of Levin, Pickett and a group of the Levin “team” formed a new development group led by Pickett developing multiple projects in Maryland, Florida, and NYC. After selling that operation (late 1975) Pickett developed over 200 units in Old Town Alexandria, Virginia. Pickett held a real estate brokers license for 30 years as well as an Unlimited Contractors License.
In 1980 he founded Medical Advisory Systems, the first company to commercialize and institute an international program for telemedicine for vessels at sea, also F&E Resource Systems (FERS) the largest composting/recycling facility in the USA, processing over 3,000 tons per day and reclaiming 92% of the waste stream while creating and innovating the entire system, and Telkonet (TKO) the first company to commercialize broadband over powerlines, creating the ability to encrypt and send data over the existing electrical infrastructure of commercial and industrial buildings, as well as military vessels.
Mark Sjolander is an executive with 27 years’ experience in politics, geopolitical risk analysis, management consulting, and public policy in Australia, and overseas.
Mark is a trusted strategic advisor to Chief Executives. In his current role as a Director with Bondi Partners, Mark partners with clients to provide strategic advisory, political risk and business planning solutions that grow their business.
Mark’s professional roles have taken him to Southeast Asia, Europe, and the Middle East. He has served as Chief of Staff to the Assistant Minister for Defence in the Rudd and Gillard Labor Governments, as strategic advisor to Australian Defence Force commanders in Iraq, and as an international policy specialist in the Australian Department of Defence. As an international consultant, Mark managed a EUR 9 million security sector reform program in Myanmar.
As a management consultant Mark has advised public and private sector executives on strategic policy, governance reform, and risk management in complex operational environments. He began his career as an officer in the Royal Australian Navy. Mark holds a Master of Arts (International Relations) with Honours from the Australian National University, and a Bachelor of Arts (Politics) from the University of New South Wales.