I met Devendra and Satyendra Kumar 15 years in the past at a lab close to my home. They labored for Dana Corp., a provider of components for semi vehicles, buses and SUVs, however their venture was space-age.
The brothers Kumar, scientists in Dana’s “Disruptive Applied sciences” unit, purchased a $100 microwave in 1999 and began nuking steel (don’t do that at dwelling). By 2005, that they had created “AtmoPlas,” a modern heating chamber that would displace furnaces, harden metal and probably generate hydrogen for gas cells.
It was a vivid spot for struggling Dana, which offered AtmoPlas in a $1.four million deal not lengthy after looking for chapter safety in 2006.
Corporations have tinkered with off-the-beaten-path concepts for hundreds of years, usually with out assured payoff. As we speak, as a pandemic sows financial and cultural turmoil, that spirit of innovation and willingness to spend on moonshots is important if we’re to get better and higher put together for future shocks.