A Melbourne-based power equipment manufacturer has won a federal government grant for its project to halve the size of rectifiers used in telecommunications plants around the world.
Rectifier Technologies Pacific will receive an R&D Start grant of $553,500 during its two-year Compact Rectifier project.
Rectifiers are box-shaped devices used by telcos to convert power from energy grids to a usable form.
The $1 million project, which began in October, would develop a rectifier half the size of a thin pizza box, chief financial officer, Brian Manuel, said.
This would be a fourfold space saving on previous rectifier models, he said.
The device will target telco providers in the wireless space across a range of technologies such as CDMA, GSM and 3G.
Manuel said the product's global potential won the grant.
"[Parent company] ICE Corporation developed the intellectual property, so we have an export product," he said. "We have 17 licensees in 13 countries that take our intellectual property and manufacture the rectifiers themselves. We get royalties from that also.
"We just sold out first license to the US last year."
Rectifier Technologies had almost 30 staff, and the bulk of the project's expenditure would be on manpower, Manuel said.
Rectifier is wholly owned by ASX-listed ICE Corporation.