IV Lab’s Product Development Group focuses on late stage projects with the goal of transforming relatively mature technologies into commercial products. The team works very closely with our business partners to determine the requirements for a product based on the target market. As a result, we have experience in all the stages of the product development cycle, including design, analysis, prototyping, testing, and validation. We use internal and external resources, and execute projects in compliance with relevant regulatory requirements. Products are fabricated through our network of manufacturing suppliers as well as in IV Lab’s internal machine shop. We also support our partners’ market pilot studies to collect and analyze technical information and market feedback from the field. We are an integral component of our partners’ commercialization efforts.
The Product Development team consists of seasoned technical experts and project management professionals with development experience in aerospace engineering, rocket science, consumer products, medical devices, energy systems and food science.
Product Development capabilities include:
- Electromechanical/electro-optical system design
- Design engineering
- Manufacturing engineering
- Rapid prototyping
- Design validation and verification
- Stress analysis
- Thermal analysis
- Process control
- Quality control
- Product assembly
- Supplier/vendor management