CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Ask the Expert Millionaires in the Making Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Personal Tech Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Invention's a Beach
A seaside vacation inspired Randolph Gray to create a solar-powered bag that recharges cell phones.
By Siri Schubert

(Business 2.0) – The Problem On a trip to Hawaii in January 2001, Randolph Gray noticed beachgoers talking incessantly on their mobile phones. But every once in a while, someone would run out to the parking lot. "They were interrupting their fun because their cell-phone batteries were dead," he says.

The "Aha!" Fascinated by solar energy as a student, Gray built a solar-powered bicycle in college. After earning a bachelor's degree in 1995, he pursued other interests but continued to follow solar technology. At the beach he thought about creating a portable charger, but then he had a better idea: Why not build a solar cell into the bags that sunbathers were already carrying?

The Payoff When he returned home to Texas, Gray bought a solar charger on eBay and sewed it into a backpack. He founded Innovus Designs in 2003 and a year later sold his first solar bag, the Reactor. Last year, Gray says, Innovus turned a small profit on revenue of about $80,000. Now he's working on a bag that can recharge laptops, and he's also pursuing an online MBA. Needless to say, there's less time for the beach.

© 2008 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.