Driptech
Driptech inc. produces low cost drip irrigation systems for use by small farmers in developing countries. The innovative design and proprietary, automated manufacturing system improves upon current drip systems by eliminating a large number of parts, reducing installation time and dramatically lowering costs. It has the potential to become the most cost effective and easily used drip irrigation system for small plot farmers in developing nations. Through sale of over 4,000 acres across India, China, and Africa, Driptech has gained valuable insight into how to help the developing world's rural farmers produce food for consumption and sale in the face of water scarcity. Through novel manufacturing and distribution Driptech can profitably reach the hundreds of millions of people who have been unable to use drip irrigation until now, and in the process, save tremendous amounts of water.
- Industry: Manufacturing
- Year Started: 2008
- Organization Type: For-Profit
- # of Employees: 40 ( as of Jan 1, 2012)
Peter Frykman
Peter Frykman, founder and CEO of Driptech, inc., earned his BS and MS in Mechanical Engineering from Stanford University, where he focused on manufacturing and design. He is vitally concerned with the challenge of water scarcity, especially in developing countries. His professional interests include mechatronics, medical devices, and design for extreme affordability. He is an avid rower and two time national champion for Stanford.
- Age: 40
- Ethnicity: Caucasian
