The Fultec device is a protection switch that virtually instantaneously disconnects vulnerable equipment from the disturbed input power terminal and then reconnects the system after the surge has passed. The device offers simpler, cheaper and higher performance protection than existing shunt protection devices which impact the performance of sensitive circuits (such as communications equipment) and limit circuit bandwidth because of circuit loading. The co-investors were Crescendo Ventures, Mayfield, ComVentures and Allen & Buckeridge. In 2008, the surge protection business was sold to Bourns Semi Conductor Inc.
Awards & recognition:
- Most Outstanding Research Commercialisation Opportunity 2003: Fultech Pty Ltd, a spin-out of the University of Queensland (UQ) founded in 2001, secured its initial investment from Uniseed. Fultech’s Transient Blocking Unit was developed by UQ PhD student Richard Harris, under the supervision of Professor Mat Darveniza and Dr Ron Barham. The company was awarded the Most Outstanding Australian Research Commercialisation Opportunity in the ICT/Mathematics Field and in the Postgraduate Research Project category at the Commercialisation Forum and Fair of Ideas held by Knowledge Commercialisation Australasia in 2003.