Pacific International Center for High Technology Research (PICHTR) Market Research Report

Background

Overview

The Pacific International Center for High Technology Research (PICHTR) is an independent, not-for-profit applied research and development center incorporated in Hawaii in 1985. Established by the 1983 Legislature and originally managed within the University of Hawaii for administrative purposes, PICHTR's mission is to accelerate technology commercialization to enhance security, safety, and economic opportunities in Hawaii and the Asia-Pacific region. Its primary focus areas include renewable energy, natural disaster management, agriculture, and ocean, educational, and dual-use technologies.

Mission and Vision

PICHTR's mission is to promote and develop technologies appropriate to the marine and tropical environment of the Asia-Pacific region, assisting in their application through technical services, education, and training. The organization's vision is to facilitate the adoption and implementation of sustainable development practices throughout the region and to become a leader in planning, development, evaluation, and deployment of appropriate and renewable technologies.

Industry Significance

PICHTR plays a pivotal role in bridging the gap between research and commercialization, particularly in sectors critical to the Asia-Pacific region's sustainable development. By focusing on renewable energy and disaster management, PICHTR addresses pressing regional challenges, contributing to economic growth and environmental resilience.

Key Strategic Focus

Core Objectives

• Technology Commercialization: Accelerate the transition of innovative technologies from research to market, enhancing economic opportunities in Hawaii and the Asia-Pacific region.

• Sustainable Development: Promote and implement sustainable practices, particularly in renewable energy and disaster management, to address regional environmental and economic challenges.

Areas of Specialization

• Renewable Energy: Develop and commercialize clean energy solutions to meet Hawaii's state mandates and regional energy needs.

• Natural Disaster Management: Provide technical assistance and training for disaster preparedness and response, enhancing regional resilience.

• Agriculture and Ocean Technologies: Support advancements in agricultural practices and ocean technologies to improve food security and marine resource management.

• Educational and Dual-Use Technologies: Facilitate the development and application of technologies with both civilian and defense applications, promoting innovation and security.

Key Technologies Utilized

PICHTR employs a range of technologies, including renewable energy systems, climate change adaptation tools, environmental science technologies, biopower systems, health information systems, and telecommunications solutions. These technologies are integral to their projects in clean energy, disaster mitigation, and other focus areas.

Primary Markets and Conditions Targeted

PICHTR primarily targets markets in Hawaii and the broader Asia-Pacific region, focusing on areas susceptible to natural disasters, energy challenges, and the need for sustainable development practices. The organization collaborates with state agencies, local businesses, and international partners to address these conditions.

Financials and Funding

Funding History

PICHTR operates as a 501(c)(3) nonprofit organization, receiving funding through grants, contributions, and program services. In the fiscal year ending September 2023, the organization reported total revenues of $1,241,450, with total expenses of $1,378,141. The primary sources of revenue include grants and contributions, program services, and investment income.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed. However, PICHTR has received support from various foundations and organizations, including the Six Tree Foundation and the Tradewind Group Foundation.

Notable Investors

While individual investors are not publicly listed, PICHTR's funding includes contributions from foundations such as the Six Tree Foundation and the Tradewind Group Foundation.

Utilization of Capital

The funds are utilized to support PICHTR's programs in clean energy, disaster management, agriculture, and educational technologies. This includes project development, capacity building, technical assistance, and administrative support services.

Pipeline Development

Key Pipeline Candidates

PICHTR's pipeline includes projects in renewable energy systems, climate change adaptation technologies, environmental science innovations, biopower systems, health information systems, and telecommunications solutions. These projects aim to address regional challenges and promote sustainable development.

Stages of Development

The organization is involved in various stages of development, from research and development to commercialization and deployment. PICHTR provides specialized administrative support services for grant and contract management, business consulting, capacity building, education, and technical training.

Target Conditions

PICHTR targets conditions such as energy scarcity, natural disasters, agricultural challenges, and the need for sustainable development practices in the Asia-Pacific region.

Anticipated Milestones

While specific timelines for milestones are not publicly detailed, PICHTR's ongoing projects and partnerships indicate a commitment to advancing technology commercialization and sustainable development in the region.

Technological Platform and Innovation

Proprietary Technologies

PICHTR develops and utilizes proprietary technologies in renewable energy systems, climate change adaptation tools, environmental science technologies, biopower systems, health information systems, and telecommunications solutions. These technologies are tailored to meet the unique needs of the Asia-Pacific region.

Significant Scientific Methods

The organization employs various scientific methodologies, including environmental assessments, climate modeling, and technological evaluations, to develop and implement its projects. Additionally, PICHTR integrates artificial intelligence and new technologies to enhance workforce skills and address environmental and health issues.

Leadership Team

Executive Profiles

• Dennis Teranishi: President and Chief Executive Officer. Dennis has been leading PICHTR, focusing on accelerating technology commercialization and sustainable development in the Asia-Pacific region.

• Janel Pang: Chief Financial Officer. Janel oversees the financial operations of PICHTR, ensuring effective management of resources to support the organization's mission.

• Linda Ome: Corporate Secretary. Linda manages corporate governance and compliance, facilitating effective communication within the organization.

• Dexter Pang: Network and Systems Administrator. Dexter is responsible for maintaining PICHTR's IT infrastructure, supporting the organization's technological needs.

• Jennifer Truong: Accountant and Fiscal Officer. Jennifer handles accounting and fiscal responsibilities, ensuring financial integrity and transparency.

Board of Directors

• Brennon Morioka: Chairman of the Board. Brennon provides strategic guidance and oversight to PICHTR's initiatives.

• Colbert Matsumoto: Board Member. Colbert contributes to the governance and strategic direction of the organization.

• Herbert (Monty) Richards: Board Member. Monty offers expertise and insights to support PICHTR's mission.

• Jennifer Goto Sabas: Board Member. Jennifer plays a role in guiding PICHTR's strategic initiatives.

• Vassilis Syrmos: Board Member. Vassilis provides strategic oversight and direction to the organization.

• Masakazu Toyoda: Board Member. Masakazu contributes to the governance and strategic planning of PICHTR.

Competitor Profile

Market Insights and Dynamics

The market for sustainable development technologies in the Asia-Pacific region is growing, driven by increasing awareness of environmental issues and the need for economic development. Organizations like PICHTR are well-positioned to address these needs through technology commercialization and capacity building.

Competitor Analysis

PICHTR operates in a niche market with few direct competitors. However, organizations such as the Pacific Forum International and the Pacific Telecommunications Council also focus on regional development and technology initiatives. PICHTR differentiates itself through its comprehensive approach, integrating research, development, and commercialization to address regional challenges.

Strategic Collaborations and Partnerships

PICHTR has established strategic partnerships to enhance its capabilities and expand its impact:

• National Disaster Preparedness Training Center (NDPTC): PICHTR assists NDPTC with specialized administrative support services for grant and contract management, contributing to disaster preparedness and response efforts.

• Marine Depot Maintenance Command (MDMC): In July 2025, PICHTR and MDMC announced a formal public-private partnership to advance sustainment and maintenance capabilities across the Indo-Pacific region, leveraging dual-use technologies to enhance regional security.

Operational Insights

PICHTR's strategic considerations include leveraging its unique position as a Hawaii-based organization with strong ties to both the United States and Asia-Pacific regions. This positioning allows PICHTR to navigate regional dynamics effectively, fostering collaborations that address local needs while aligning with broader strategic objectives.