With more than 45 years in the telecommunications, transportation and industrial sectors Frank has extensive executive experience with multiple successful exits that include past President & CEO of General Hydrogen (hydrogen fuel cell systems for fork lifts, acquired by Plug Power), BELTPACK (industrial remote control systems, acquired by Cattron) and CANAC (a sub of CN in rail technology and services, acquired by Savage Services). Earlier in his career Frank was a consultant to the telecom and railroad sectors and an executive at BCR Group and Westel Telecommunications. Frank has a Masters in Economics from the University of Toronto.
Jim and his team at Brayton Energy LLC have led the design and development effort for the ICR350 Engine. Jim has worked in the field of energy conversion systems for 40 years, contributing to advancements in small gas turbines, low emission combustion systems, and recuperators. From 1992 until 2001, Jim led the Ingersoll-Rand/NREC Energy Systems Business Unit, and was responsible for the development of the PowerWorks 70 and 250-kW microturbines, recuperators, and other advanced energy system development programs. Jim began his career working for Lockheed/Sanders on gas turbines, solar-dynamic space power, thermal storage, Stirling engines, and alkali metal heat pipes.
Jim holds 17 patents relating to recuperators, combustors, and gas turbines. Jim is the ASME chair for the International Gas Turbine Institute (IGTI) Microturbines and Small Gas Turbine Committee, serving on that committee since 2002. Jim received a BSME from Worcester Polytechnic Institute and an MSME from the Massachusetts Institute of Technology (MIT).
Jim brings 30 years finance and business operations experience to ICRTec. As the CFO/COO at Sotheby’s International Realty Canada and VP Operations at Kor Real Estate Jim created financial systems and set up operations for two real estate marketing companies. Before entering real estate, Jim spent 5 years with a growing financial technology company, Selkirk Financial, in business development, product management and as Managing Director of implementation and support services. Early in Jim’s career he spent 10 years at Royal Bank of Canada in corporate banking, treasury and risk management. Jim is a Chartered Financial Analyst, holds an MBA in Finance from Rotman School of Business at the University of Toronto and a BSc in Computer Science from University of Guelph.
Andy is a founder and Managing Partner of New Venture Partners with 30 years of investment and management experience in the formation of new ventures and the commercialization of technology from corporations and institutional labs. Prior to New Venture Partners, he was a Vice President at Lucent Technologies; the Managing Director of BT Ventures at Bankers Trust Company; and the Vice President of Strategy & Business Development for Xerox’s New Enterprise Group commercializing their technology, including that of the Palo Alto Research Center (PARC). He began his career doing research and development in alternative energy systems, combustion and air pollution, authoring and co-authoring 23 technical publications.
Andy has served on the boards of companies globally including Vallent Corp. (acquired by IBM), Celiant Corporation (acquired by Andrew Corporation), Lucent Public Safety Systems (acquired by Intrado), Placeware (acquired by Microsoft), InXight Software, Inc. (acquired by Business Objects), SiPort (acquired by Intel), Amati Communications Corp. (acquired by Texas Instruments), dpiX Inc., AcuPrint Inc., Document Forum (acquired by TheLaw.com), Chrystal Software (now Astoria), Azure Solutions Ltd. (acquired by Subex), Psytechnics Ltd. (acquired by NetScout), Vidus Ltd. (acquired by @Road), and Subex Limited (SUBEX.NS).
He holds an A.B. in Engineering and Applied Physics from Harvard College, an MS in Mechanical Engineering from Stanford University, and an MBA from Stanford University, where he was named an Arjay Miller Scholar. He is a past president of the Stanford Business School Alumni Association and member of the Dean’s Board of Advisors and a member of the Dean’s Advisory Council of the Harvard School of Engineering and Applied Sciences.
Mr. Wallace brings over 30 years of executive experience in the areas of alternative energy, advanced powertrains, power electronics and battery technology. Mr. Wallace served in several leadership roles at Ford Motor Company from 1982 to 2002. His final role at Ford was Executive Director of TH!NK Group, where he was responsible for the development of hybrid electric, fuel cell electric and battery electric vehicles. Mr. Wallace then became CEO of Xantrex Technology Inc., a publicly-traded company with revenues of $240 million (2007), whose business lines include power converters for solar PV and wind turbine generators, power inverters for RV, heavy duty truck and marine applications, programmable DC and AC power supplies, and consumer power products. Mr. Wallace also serves on the Board of Directors of SBE Inc., a developer and manufacturer of film capacitor solutions for automotive/transportation, alternative energy, military/aerospace, medical equipment and power supplies based in Barre, Vermont.
frank donnelly, advisor
One of the founding investors in ICRTec, Frank has 45 years in industrial engine design and development. As the founder and CTO of Railpower Technologies Corporation, Frank was responsible for the initial design and development of its technology which contributed to its early growth as an alternative to traditional diesel power in rail applications. Frank has extensive patents in transportation, power, hybrid and fuel technology. He is founder and President of Tractive Power Inc.
Frank advises ICRTec’s product development in industrial applications. Frank has an AS in Electrical Engineering Technology from College of Marin Kentfield and a BA in Industrial Design from San Francisco State University.