Cambridge Consultants spin-out, Aveillant, appoints CEO
05 Dec 2011
Aveillant, the latest spin-out from Cambridge Consultants, has appointed David Crisp as its CEO.
Aveillant’s technology will remove the concerns about aviation safety and air defence radar that are holding back growth in the wind energy industry. Wind turbines in motion can mimic aircraft on an air traffic controller’s radar screen. Aveillant will provide airfields with the accurate radar data needed to eliminate the potential confusion this could cause, without any resulting loss or compromise in performance. The company was launched in October 2011 with funding from DFJ Esprit and AIFCL, the wind industry fund.
David is an experienced technology CEO and serial entrepreneur. After a 10 year career in Oil & Gas with Schlumberger he founded the mobile communications software company, Eden Group; a successful exit gave a ten times return for investors. After a brief spell as entrepreneur-in-residence for a Silicon Valley VC firm, he became CEO of Neopost Online Inc. a $100M funded ecommerce start-up, providing online postage, package and shipping services. Returning to the UK in 2005, David joined wave energy device developer Orecon Ltd as CEO, closing a £12m ‘A’ round funding.
“Aviation air traffic control radar inference is a huge problem for the wind industry. In the UK alone, two thirds of all wind farm planning applications are held up by this problem. Aveillant’s CH-InFill technology provides a zero degradation, regional based solution and is a great example of proven technology being applied to a new application.”
David Crisp, Commenting on his appointment