Universal Real Time Power Conversion LLC is developing an innovative Universal Power Converter (UPC) for general-purpose multifunctional usage across all power conversion applications. The effort is organized around use of the technology in almost all power conversion applications with the one unique hardware. With their patent poending, the firm's initial emphasis is on stand alone aerospace power system applications such as aircraft and spacecraft. Prospective customers have evaluated the technology and the firm has in hand letters of intent to buy the product once there is proven meeting of the required specification. Subsequent anticipated sgae would be micro grid, smart grid, wind and solar power; and Hardware In Loop solutions.