{"id":5905,"date":"2026-04-15T08:26:51","date_gmt":"2026-04-15T08:26:51","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/5905\/"},"modified":"2026-04-15T08:26:51","modified_gmt":"2026-04-15T08:26:51","slug":"an-obscure-ottawa-cleantech-firm-is-stockpiling-huge-numbers-of-energy-patents","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/5905\/","title":{"rendered":"An obscure Ottawa cleantech firm is stockpiling huge numbers of energy patents"},"content":{"rendered":"

OTTAWA \u2014 An Ottawa-area cleantech firm is taking a unique approach to land heavy-hitting customers, letting them build their own versions of its energy efficiency software using a large store of IP the firm has accumulated.\u00a0<\/p>\n

To make the model work, Kanata, Ont.-based BluWave-AI has amassed a portfolio of patents that makes it a major presence in the space, rivalling the IP that auto giants like Honda and Ford have collected to develop electric vehicles, according to an analysis commissioned by the company.\u00a0<\/p>\n

Talking Points<\/p>\n

BluWave-AI is using a novel approach in Canada to de-risk investment in its technology by letting customers license it for their own use; it plans to then use the proceeds to fuel the company\u2019s growth
\nThe company has amassed a major IP portfolio, and last week launched a licensing business to make sure it doesn\u2019t get squeezed out of the market while the firm is still growing\u00a0<\/p>\n

It plans to license the IP to clients wanting to build their own bespoke models of its products, which use AI to maximize the efficiency of energy storage, electric transportation and renewable energy sources.<\/p>\n

The idea, said CEO Devashish Paul, is to overcome big customers\u2019 doubts about signing on with a relatively small startup.<\/p>\n

\u201cQuite often with the large enterprises, they\u2019re like, \u2018We want to do this, but we don\u2019t want to be dependent on an emerging tech company,\u2019\u201d said Paul. Some big companies want their own IT teams to have full control of the product, without having to rely on a small external team for support; others worry a small firm might be acquired and its products decommissioned, he said. From the startup\u2019s perspective, there\u2019s a risk that the client simply asks a more established company to come up with a similar solution, Paul added.\u00a0<\/p>\n

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To assuage those concerns, BluWave-AI launched<\/a> a licensing business last week that lets clients build their own version of its products using its proprietary technology. \u201cIf you want to build on top of what we have, you can take a licence from us and fill your boots,\u201d Paul said. \u201cThis way, as an emerging Canadian tech company, we don\u2019t get entirely cut out of the loop.\u201d<\/p>\n

Though it has a relatively small team of roughly 40 employees, the company says it has collected 60 international patent filings, including 14 granted patents.<\/p>\n

That\u2019s the third-most in its sector in Canada, the U.S. and Europe, according to a 2024 Stratford Group analysis commissioned by the company. BluWave-AI is behind only Volvo and Honda, and ahead of Ford, GM and Caterpillar, all of which have gathered patents in the same space for energy storage, power management and power system control.<\/p>\n

The new revenue stream has the potential to far surpass the company\u2019s traditional business, Paul said. But the goal is to reinvest it back into BluWave-AI\u2019s own products, which he believes will do more for the environment and the energy transition. \u201cWe\u2019re trying to have climate impact,\u201d he said.\u00a0<\/p>\n

The way BluWave-AI is employing its patents is rare in Canada, said Mike McLean, CEO of the Innovation Asset Collective, a government-funded organization that supports IP retention and growth in the Canadian cleantech sector. \u201cIt can be seen as a way to de-risk an investment in a new technology,\u201d he said.\u00a0<\/p>\n

The few companies that have adopted similar models in Canada have typically abandoned their own product lines and moved entirely to licensing, McLean said.\u00a0<\/p>\n

BluWave-AI, by contrast, plans to use the income from the licences to continue to build its products, grow its marketing and sales departments and, it hopes, become established enough that major customers feel confident buying from it directly.\u00a0<\/p>\n

The strategy has been used in the wireless and semiconductor industries by companies like California-based Qualcomm, but BluWave-AI is among the first to try it in the AI space, McLean said.\u00a0<\/p>\n

BluWave-AI is \u201cdefinitely doing a thorough job capturing the innovation that they\u2019re producing,\u201d he said, adding he hopes the company will serve as an example to other Canadian firms.\u00a0<\/p>\n

\u201cThey\u2019re taking a very public step by setting up an independent business unit to focus on this,\u201d he said. \u201cIt sends a certain message and shines a light on the importance of IP.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"OTTAWA \u2014 An Ottawa-area cleantech firm is taking a unique approach to land heavy-hitting customers, letting them build…\n","protected":false},"author":2,"featured_media":5906,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[3515,3516,3517,3518,61,2134],"class_list":{"0":"post-5905","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ottawa","8":"tag-bluwave-ai","9":"tag-cleantech","10":"tag-climate","11":"tag-intellectual-property","12":"tag-ottawa","13":"tag-tech"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/5905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=5905"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/5905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/5906"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=5905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=5905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=5905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}