Dean Lawrence Kamen is a businessman, entrepreneur, and engineer from the United States. He is most known for inventing the Segway and it. He is also co-founding the non-profit organization FIRST with Woodie Flowers. Kamen is the owner of approximately 1,000 patents.
Dean Kamen Biography And Net Worth
|Birth Date||5th August 1951|
|Profession||Entrepreneur Engineer Businessperson|
|Nationality||United States of America|
Dean Kamen Early Life
Kamen was born to a Jewish household on Long Island, New York. His father, Jack Kamen, was an illustrator for EC Comics’ Mad, Weird Science, and other titles. Kamen was already getting compensated for his ideas when he was a teenager. Local bands and museums hired him to develop light and sound systems. His annual earnings hit $60,000 before he graduated from high school.
After five years of private advanced research developing the insulin pump AutoSyringe, he dropped out of Worcester Polytechnic Institute in 1976 before graduating.
Dean Kamen Career
Kamen is most known for creating the Segway PT, a self-balancing electric person transporter featuring a computer-controlled gyroscopic stabilization and control system. The gadget is balanced on two parallel wheels and is operated by shifting the user’s body weight. Kamen was a well-known inventor. Auto Syringe’s firm designed and sold the first medicine infusion pump. Kamen has spent a significant amount of time working on a project involving Stirling engine designs, with the goal of creating two machines. That would produce electricity, and the Slingshot would function as a water filtration system. Kamen said in 2009 that his business DEKA was currently focused on solar-powered gadgets.
FIRST was created by Kamen in 1989. A non-profit organization dedicated to increasing kids’ interest in science, technology, engineering, and mathematics. Kamen founded the FIRST Robotics Competition in 1992, in collaboration with MIT Professor Emeritus Woodie Flowers. It grew into an international tournament with 3,647 teams and almost 91,000 students by 2020. FIRST staged its first Olympics-style competition FGC in Washington, D.C. in 2017. In 2010, Kamen declared FIRST his most proud innovation, claiming that 1 million children had participated in the competitions.
Advanced Regenerative Manufacturing Institute
Kamen created BioFabUSA and the Advanced Regenerative Manufacturing Institute in 2017. The Department of Defense has awarded an $80 million grant to the Manufacturing USA Innovation Institute. In addition to financing from the Department of Defense. Kamen assembled a group of private-sector firms to establish a public-private partnership that promised $214 million in additional private funds.
The Department of Health and Human Services awarded ARMI funding in early 2020 to create the first Foundry for American Biotechnology, known as NextFab.
Dean Kamen’s Net Worth
Dean Kamen is a $500 million-dollar-worth American inventor and entrepreneur. Dean Kamen was born in April 1951 on Long Island, New York. Kamen studied at the Worcester Polytechnic Institute. He spent five years conducting private advanced research on the AutoSyringe medicine infusion pump. He created the Segway PT, which is an electric self-balancing person transporter. A computer-controlled gyroscopic stabilization and control system is used.