“Firebane puts out the fire in seconds, is a biodegradable green agent and is safe to human life,” Faith says. “The EPA has qualified Firebane to replace halon. We are nontoxic and won't even require a hazardous material label to ship.”
SpectrumFX has received orders from an Oklahoma-based domestic airline and a major international carrier. The firm has a savvy strategy for engaging a spectrum of Oklahoma resources available to entrepreneurs — from the Technology Business Finance Program to the Donald W. Reynolds Governor's Cup to the Helmerich Research Center at Oklahoma State University-Tulsa.
A native Oklahoman, Faith has also added his first employee, his son, Ross, who has juris doctor and MBA degrees.
“I'm from Oklahoma,” Faith says. “My grandfather was born in Indian Territory. It is important to our family that we started this company in Oklahoma and that our first customer is an airline in Oklahoma. We intend to stay here and grow, and that's pretty neat.”
Rex Smitherman is interim president and CEO of i2E Inc., a nonprofit corporation that mentors many of the state's technology-based startup companies. i2E receives state appropriations from the Oklahoma Center for the Advancement of Science and Technology. Contact Smitherman at i2E_Comments@i2E.org.