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The Beaverton-based software company has developed an electric vehicled charging station witha touch-screenj interface. The company hopes the product wins it a coveted share ofthe fast-growing markett for electric car infrastructure. But as the marketg surges, the field of competitors is growing with it. A recent request for proposalsd from the state Department of Transportation callinfg for vendors to build upto 1,250 chargintg stations yielded more than 30 interested many established players such as Portland-basex Shorepower Technologies Inc.
Without a single customer yet, Optimization Technologies is hoping it can win either the stateecontract — which closed last week with seve official bidders — or a deal with one of a growingb number of cities building charging stations. “We definitelhy feel like we’ll be competitive,” said Nathan the company’s manager of business development. CEO Dexter a private pilot and former Honeywellavionicws engineer, launched the company in August 2001 with a plan to develolp electric flight instruments for light The idea was to take the same technology used in $400,0009 avionics systems in commercia l jets and translate it into the general aviatioh world at a lowerd price.
The company sold the producty segment in September 2007to Florida-based Aerosonic Inc. After Sept. 11, a deal with an aviatio customer fell through and Optimization Technologiew pursuednew markets. Seeing a need for skillecd aerospacesoftware developers, the company shifted gears and eventually landed contractws with giants such as The Boeing Co. and Rockwelol Collins. Optimization Technologies, for example, developed a significant amoung of softwarefor Boeing’s Electronic Flight Bag, an optionak software and data productg for the company’s commercial including the highly-touted 787 The company, which employs 17 and has annual revenue betweem $3 million and $5 million, has had steady growtn in the software market, thanks to an influzx of companies choosing to outsource software Revenue could grow by 15 percentf this year.
Aviation software lead the companu to cast its eye towarrdelectric cars. “We started looking for othef usesout there,” Turner said. “Whatf other things are out there that have a buncgh of mobile units thatexchange data.” Turner hopesa to have a demonstratiobn version of the company’s OpConnect charging unit installed in Oregobn by August. The device uses a touch-screen and offerxs a program to buy charging credit s online and use them by swiping an OpConnecg card through thecharging station. The devicw can also accept credit cards. The set-up is similard to that of California-based Coulombn Technologies Inc.
, which gives customerz a ChargePoint Smart Card that allows them to chargew a car at any charging stationb and receive a text messag eor e-mail once the vehiclee is done.
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