Founded in Sweden in 1971, Permascand specializes in engineering and manufacturing electrochemical solutions. It offers catalytic coatings, electrochemical cells, water treatment systems, and welded equipment components for various industries, including offshore, process, marine, and renewable energy sectors. The company serves markets globally.
Daphne Technology
Grant in 2025
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.
Centrus Energy
Grant in 2024
Centrus Energy Corp. is a provider of nuclear fuel and services for the nuclear power industry, operating primarily in the United States, Japan, Belgium, and other international markets. The company is structured into two main segments: Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment focuses on the sale of separative work units and uranium, which are essential for the production of nuclear fuel used in reactors to generate electricity. In contrast, the Technical Solutions segment offers a range of services, including engineering, design, manufacturing, and operational support to both public and private sector clients, particularly in relation to American Centrifuge engineering and testing activities. Founded in 1998 and headquartered in Bethesda, Maryland, Centrus Energy was formerly known as USEC Inc. and adopted its current name in September 2014. The majority of the company's revenue is derived from its LEU segment, highlighting the significance of nuclear fuel in its business operations.
Founded in 2007, GridBeyond specializes in smart grid optimization solutions. Its platform comprises on-site hardware, cloud-based software, hybrid battery systems, demand network, and client-facing energy portal. Utilizing machine learning technology, the platform connects, controls, and automates energy demand across various sectors such as industrial, manufacturing, metals, plastics, paper, food, transport, and logistics.
Centrus Energy
Grant in 2024
Centrus Energy Corp. is a provider of nuclear fuel and services for the nuclear power industry, operating primarily in the United States, Japan, Belgium, and other international markets. The company is structured into two main segments: Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment focuses on the sale of separative work units and uranium, which are essential for the production of nuclear fuel used in reactors to generate electricity. In contrast, the Technical Solutions segment offers a range of services, including engineering, design, manufacturing, and operational support to both public and private sector clients, particularly in relation to American Centrifuge engineering and testing activities. Founded in 1998 and headquartered in Bethesda, Maryland, Centrus Energy was formerly known as USEC Inc. and adopted its current name in September 2014. The majority of the company's revenue is derived from its LEU segment, highlighting the significance of nuclear fuel in its business operations.
SHINE develops and deploys fusion-based technology to produce medical isotopes and neutron sources. Its processes generate molybdenum-99, a precursor to technetium-99m used in diagnostic imaging, and lutetium-177 for diagnostic and therapeutic use, along with iodine-131 and iodine-125 for thyroid treatment and brachytherapy, and xenon-133 for lung and brain imaging. The company’s systems also provide neutron sources for industrial imaging, radiation-effects testing, and fusion materials research. In addition to medical isotopes, SHINE aims to recycle nuclear waste and advance fusion power as a source of clean energy. The business serves health care and industrial customers worldwide. SHINE is based in Janesville, Wisconsin, with an office in Alkmaar, Netherlands.
Siemens is a global technology company based in Munich that empowers customers to transform the industry, transportation, buildings, and grids by integrating physical and digital systems. It partners with other companies, industries, and innovators to combine the real and the digital worlds, advancing digitalization, efficiency, and sustainability across core sectors such as energy, mobility, and healthcare.
Daphne Technology
Grant in 2024
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.
Analysis and Measurement Services Corporation
Grant in 2024
Analysis and Measurement Services Corporation (AMS) is a recognized market leader in providing the worldwide nuclear power industry with equipment, training, and services to verify the performance of process instrumentation systems.
Established in 1977 as a spin-off company from research performed at the University of Tennessee and Oak Ridge National Laboratory, AMS is headquartered in Knoxville, Tennessee, with operations in two locations in the United States, as well as representatives throughout Europe and Asia, including the United Kingdom, Austria, Switzerland, Spain, Ukraine, South Korea, and Taiwan.
Triton Systems
Grant in 2024
Triton Systems, Inc. is an advanced materials, coatings, and systems engineering product development firm located near Boston, Massachusetts. Established in 1992, the company combines U.S. government funding with private investments to bring innovative ideas to market. Triton operates multiple facilities, including a research and development and manufacturing site in Fargo, North Dakota, a life science group in Berkeley, California, and a manufacturing location in Domat-EMS, Switzerland. The firm focuses on developing and commercializing technologies across various sectors, including medical devices, human health, energy, defense, and robotics. Triton's product offerings include electronic enclosures, composite airdrop platforms, fiber-reinforced aluminum composites, sensors, pressure-sensitive adhesives, and pre-concentrators. The company emphasizes in-house incubation and external partnerships to address complex challenges in acoustics, artificial intelligence, materials design, and human systems.
NP Photonics
Grant in 2024
NP Photonics, Inc. develops and manufactures specialty fiber lasers, fiber amplifiers, and transport fibers primarily for the near- and mid-infrared wavelength bands. Founded in 1998 and based in Tucson, Arizona, the company offers a range of products, including micron fiber lasers, multi-channel fiber laser systems, and mid-infrared transport fibers. These products are utilized across various applications such as acoustic sensing, LIDAR, coherent communication, and environmental seeding. NP Photonics serves markets including sensing, defense, metrology, and research through a network of distributors and sales representatives in several countries, including Australia, Europe, and Asia. The company, previously known as NP Photonic Technologies, LLC, changed its name in August 2000.
Founded in 2007, GridBeyond specializes in smart grid optimization solutions. Its platform comprises on-site hardware, cloud-based software, hybrid battery systems, demand network, and client-facing energy portal. Utilizing machine learning technology, the platform connects, controls, and automates energy demand across various sectors such as industrial, manufacturing, metals, plastics, paper, food, transport, and logistics.
Generac Power Systems
Grant in 2024
Generac Power Systems, Inc. is a manufacturer of backup power generators and engine-powered tools, specializing in various power generation solutions for residential, commercial, and industrial markets. The company's product portfolio includes home backup generators, portable generators, business standby generators, and a range of pressure washers and water pumps. Additionally, Generac offers automatic transfer switches and energy storage systems, enhancing its capabilities in home energy management. Its mobile products, such as light towers and generators, are tailored for diverse applications including government, military, construction, and disaster relief. Generac serves a wide array of industries, including healthcare, telecommunications, and hospitality, by distributing its products through retailers, service centers, and dealers both domestically and internationally. Founded in 1959 and headquartered in Waukesha, Wisconsin, Generac operates additional facilities across several locations in the U.S. and abroad, including Latin America and Europe. The company also engages in strategic partnerships to further expand its market presence.
Harley-Davidson
Grant in 2024
Harley-Davidson manufactures and sells heavyweight motorcycles across custom, cruising, touring, and adventure segments. It offers motorcycle parts, accessories, and related services. The company also provides financing options, insurance products, and protection plans through its captive finance arm.
Entek International
Debt Financing in 2024
Founded in 1984, Entek International specializes in manufacturing lead-acid separators, lithium-ion separators, extruders, and providing engineering services for the battery and extrusion markets. Serving clients globally, including the United States and the United Kingdom.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.
O-I Glass, Inc. is the world's largest manufacturer of glass containers, specializing in products for the food and beverage industry. Founded in 1903 and headquartered in Perrysburg, Ohio, the company produces a diverse range of glass packaging for alcoholic beverages, including beer, wine, and spirits, as well as non-alcoholic drinks, food items, and pharmaceuticals. O-I Glass operates primarily in the Americas, Europe, and the Asia Pacific, with approximately 70% of its revenue generated from international markets. The company offers glass containers in various sizes, shapes, and colors, and markets its products directly to customers through long-term supply agreements and distributors. O-I Glass aims to maintain and expand its strong positions in key markets, including Europe, North America, and Brazil.
SSAB is a leading global steel company specializing in value-added, high-strength steel products. With approximately 16,000 employees across more than 50 countries, SSAB operates production facilities in Sweden, Finland, and the United States. The company focuses on developing steel solutions in collaboration with its customers to create lighter, stronger, and more sustainable end products. SSAB's production capacity reaches 8.8 million tonnes annually, utilizing integrated blast furnace processes in Sweden and Finland, while employing scrap-based electric arc furnaces in the U.S. Additionally, SSAB has smaller production sites and steel service centers worldwide, including a finishing line in Shanghai. The company operates through various divisions, producing structural high-strength steel, wear-resistant steel, and other specialized products, while also providing distribution and construction solutions through its subsidiaries. SSAB's innovative steel products are essential for industries such as heavy transport and construction, enhancing the strength and lifespan of their applications.
Heidelberg Materials
Grant in 2024
Heidelberg Materials is a global building materials manufacturer, operating in over 60 countries. It specializes in the production of cement and aggregates, which are integral to constructing houses, infrastructure, and commercial facilities. Europe is its largest market.
Ørsted develops, maintains, and operates offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Its vision is a world powered entirely by green energy. Formerly known as DONG Energy, Ørsted has transformed from a black to a green energy company over the past decade, reducing its coal consumption significantly and aiming for full phase-out by 2023. As a global leader in offshore wind with a market share of 25%, it currently powers approximately 9.5 million people.
The Chemours Company
Grant in 2024
The Chemours Company is a global chemical manufacturer that specializes in performance chemicals. It operates through three segments: Fluoroproducts, Chemical Solutions, and Titanium Technologies. The company offers a wide range of products including refrigerants, fluoropolymers, fluoroelastomer products, industrial chemicals, and titanium dioxide pigments for various industries such as electronics, automotive, energy, aerospace, coatings, plastics, and mining.
Nuvera Fuel Cells
Grant in 2024
Nuvera Fuel Cells, LLC is a manufacturer specializing in heavy-duty, zero-emissions fuel cell engines designed for mobility applications. The company operates facilities in the United States and Europe, focusing on developing innovative fuel cell technology to serve the fuel cell power and hydrogen supply industry. Nuvera's product offerings include solutions for on- and off-road vehicles, port and maritime applications, as well as stationary and portable power systems. By providing clean and efficient energy solutions, Nuvera enables its clients to meet demanding commercial requirements and environmental mandates in various transportation and industrial sectors.
Piolax, Inc., established in 1933 and headquartered in Yokohama, Japan, is a global manufacturer specializing in the production of a wide array of parts and components. The company's primary focus lies in the automotive industry, where it designs, develops, and sells various parts such as valves, connectors, filters, powertrain components, fasteners, and harnesses. Additionally, Piolax produces precision parts for automotive interior and exterior, as well as medical appliances like spiral catheters and stents. The company operates in Japan, Asia, the United States, Europe, and internationally, serving diverse industries including medical and consumer security sectors.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.
Ballard Power Systems
Grant in 2024
Ballard Power Systems designs, manufactures, sells, and services proton exchange membrane fuel cell products for various applications, including heavy-duty vehicles like buses and trucks, material handling equipment, marine vessels, stationary power systems, and emerging markets. The company operates globally, with key revenue sources from Poland, the United States, the United Kingdom, and other countries.
NEL Hydrogen
Grant in 2024
Nel ASA is a leading hydrogen company based in Norway, specializing in the production, storage, and distribution of hydrogen derived from renewable energy sources. The company operates through several segments, primarily focusing on hydrogen fueling stations and electrolyzers. Its H2Station technology offers efficient fueling solutions for fuel cell electric vehicles, ensuring fast refueling and long ranges comparable to conventional vehicles. Nel ASA also manufactures hydrogen generation plants utilizing advanced water electrolysis technology, catering to various industrial applications and energy systems globally. With a strong emphasis on delivering comprehensive hydrogen solutions, the company serves diverse sectors, including industries and energy firms, positioning itself as a key player in the transition to sustainable energy. Founded in 1927 and originally known as DiaGenic ASA, it rebranded in 2014 and maintains headquarters in Oslo while operating facilities in Notodden and Porsgrunn.
Infleqtion, with offices in the United States, United Kingdom, and Australia, specializes in delivering advanced quantum information solutions tailored to meet critical market needs. Building on 17 years of pioneering research from ColdQuanta, the company develops software-configured, quantum-enabled products that enhance precision and processing power for applications in positioning, navigation, timing, global communication security, and efficiency. Infleqtion's technology serves various sectors, including commercial enterprises and governmental organizations, by providing high-value information streams that facilitate innovation in quantum matter. Its offerings encompass hardware products and AI-powered solutions aimed at advancing resilience in energy distribution and accelerating developments in quantum computing.
SeeQC develops application-specific quantum computing systems using superconducting qubits. It serves industries such as machine learning/AI, logistics optimization, quantum chemistry, pharmaceuticals, and fintech globally. Founded in 2018, SeeQC is headquartered in Elmsford, New York with facilities in London, UK, and Naples, Italy.
Sunrise Technologies
Grant in 2024
Sunrise Technologies is an award-winning Microsoft Dynamics 365 partner for global consumer brands, manufacturers, and retailers. The company was founded by John Pence in 1994 and is headquartered in Winston Salem, North Carolina, with a global network of consultants in North America, Europe, and Asia.
Triton Systems
Grant in 2024
Triton Systems, Inc. is an advanced materials, coatings, and systems engineering product development firm located near Boston, Massachusetts. Established in 1992, the company combines U.S. government funding with private investments to bring innovative ideas to market. Triton operates multiple facilities, including a research and development and manufacturing site in Fargo, North Dakota, a life science group in Berkeley, California, and a manufacturing location in Domat-EMS, Switzerland. The firm focuses on developing and commercializing technologies across various sectors, including medical devices, human health, energy, defense, and robotics. Triton's product offerings include electronic enclosures, composite airdrop platforms, fiber-reinforced aluminum composites, sensors, pressure-sensitive adhesives, and pre-concentrators. The company emphasizes in-house incubation and external partnerships to address complex challenges in acoustics, artificial intelligence, materials design, and human systems.
National Grid
Grant in 2023
National Grid is a major investor-owned energy company that owns and operates electricity transmission systems in England and Wales and manages regulated gas and electricity networks in the United Kingdom and United States. It focuses on delivering electricity and gas safely, reliably, and efficiently to customers and communities, while transforming networks with smarter, cleaner, and more resilient energy solutions to support decarbonisation. In the United Kingdom, it owns the electricity transmission and distribution assets and gas transmission infrastructure and also provides metering services. In the United States, it owns regulated transmission and generation assets serving multiple states, along with metering services and merchant transmission lines. It also operates the Grain LNG facility in the United Kingdom. As one of the world's largest investor-owned energy companies, National Grid oversees investments through its regulated businesses and related ventures, aiming to connect millions of customers to dependable energy while pursuing energy-system innovation and decarbonisation.
Virginia Tech
Grant in 2023
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.
Copeland is a manufacturer and distributor of heating, ventilation, air conditioning, and refrigeration products, catering to residential, commercial, and industrial sectors. The company specializes in producing compressors, condensing units, and refrigerants, including hydrofluorocarbons, which are utilized in various applications such as heat pumps, refrigeration, and air conditioning systems. By focusing on energy efficiency and reducing carbon emissions, Copeland aims to enhance comfort and sustainability for its customers. In addition to product manufacturing, the company offers services including system design, testing, education, training, energy management, and on-site monitoring. Headquartered in Sidney, Ohio, Copeland operates internationally with locations across Asia Pacific, Canada, Europe, the United States, Latin America, the Middle East, and Africa.
Virginia Tech
Grant in 2023
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.
Triton Systems
Grant in 2023
Triton Systems, Inc. is an advanced materials, coatings, and systems engineering product development firm located near Boston, Massachusetts. Established in 1992, the company combines U.S. government funding with private investments to bring innovative ideas to market. Triton operates multiple facilities, including a research and development and manufacturing site in Fargo, North Dakota, a life science group in Berkeley, California, and a manufacturing location in Domat-EMS, Switzerland. The firm focuses on developing and commercializing technologies across various sectors, including medical devices, human health, energy, defense, and robotics. Triton's product offerings include electronic enclosures, composite airdrop platforms, fiber-reinforced aluminum composites, sensors, pressure-sensitive adhesives, and pre-concentrators. The company emphasizes in-house incubation and external partnerships to address complex challenges in acoustics, artificial intelligence, materials design, and human systems.
BladeRunner Energy
Grant in 2023
Founded in 2014, BladeRunner Energy develops innovative hydrokinetic technology to generate reliable and clean energy from flowing water. Its scalable micro-hydro solution, BladeRunner, incorporates a proprietary rotor and flexible power takeoff configuration, enabling the generator and power electronics to be housed above water. The company focuses on serving emerging markets and remote regions with minimal infrastructure requirements.
Veritone, Inc. is a provider of artificial intelligence (AI) computing solutions, primarily operating in the United States and the United Kingdom. The company develops and manages the aiWARE platform, an AI operating system that integrates various cognitive engines to extract insights from both structured and unstructured data. This platform enables cognitive workflows based on these insights. Veritone also offers media advertising agency services, which include media planning, buying, campaign messaging, and custom analytics, catering to direct advertisers and advertising agencies. The company serves multiple sectors, including media and entertainment, legal and compliance, and government markets. Founded in 2014 and headquartered in Costa Mesa, California, Veritone aims to enhance organizational efficiency and decision-making through its innovative AI solutions.
Virginia Tech
Grant in 2023
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.
Koura is a global leader in the development, manufacture, and supply of fluoroproducts that play a fundamental role in enhancing everyday lives. Koura is a part of the Orbia community of companies, working together to tackle some of the world's most complex challenges. Koura's products are used in a vast range of applications including energy storage, construction of towns and cities, keeping homes cool, food fresh and even in the treatment of respiratory conditions. Headquartered in Boston, Koura has commercial activities across the world, with operations in the United Kingdom, Mexico, United States, India and Japan.
Solvay is an international chemical company that produces basic chemicals such as soda ash, hydrogen peroxide, and sodium bicarbonate. It also specializes in specialty polymers, vinyls, and plastics for various industries, including aerospace and healthcare.
Applied Materials
Grant in 2022
Applied Materials, Inc. is a leading provider of manufacturing equipment, services, and software for the semiconductor, display, and related industries. The company operates through three primary segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment focuses on the development and sale of equipment essential for fabricating semiconductor chips, utilizing advanced technologies such as epitaxy, ion implantation, and chemical vapor deposition. The Applied Global Services segment enhances equipment and fabrication performance through integrated solutions, including spare parts, upgrades, and automation software. The Display and Adjacent Markets segment offers manufacturing products for various display technologies, including liquid crystal displays and organic light-emitting diodes. Established in 1967 and headquartered in Santa Clara, California, Applied Materials serves a global customer base that includes some of the largest chip manufacturers, operating across regions such as the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.
Founded in 2006, Microvast specializes in designing, developing, and manufacturing lithium-ion battery solutions. Known for its advanced cell technology and vertical integration capabilities, the company offers a range of products catering to diverse market applications.
Entek International
Grant in 2022
Founded in 1984, Entek International specializes in manufacturing lead-acid separators, lithium-ion separators, extruders, and providing engineering services for the battery and extrusion markets. Serving clients globally, including the United States and the United Kingdom.
Virginia Tech
Grant in 2022
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.
National Grid
Grant in 2021
National Grid is a major investor-owned energy company that owns and operates electricity transmission systems in England and Wales and manages regulated gas and electricity networks in the United Kingdom and United States. It focuses on delivering electricity and gas safely, reliably, and efficiently to customers and communities, while transforming networks with smarter, cleaner, and more resilient energy solutions to support decarbonisation. In the United Kingdom, it owns the electricity transmission and distribution assets and gas transmission infrastructure and also provides metering services. In the United States, it owns regulated transmission and generation assets serving multiple states, along with metering services and merchant transmission lines. It also operates the Grain LNG facility in the United Kingdom. As one of the world's largest investor-owned energy companies, National Grid oversees investments through its regulated businesses and related ventures, aiming to connect millions of customers to dependable energy while pursuing energy-system innovation and decarbonisation.
FuelCell Energy
Grant in 2018
FuelCell Energy designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. Its products generate electricity and usable heat, serving utilities, industries, municipalities, and various other sectors. The company focuses on decarbonizing energy strategies and offers solutions for ultra-clean energy while supporting net-zero commitments.
NuScale Power
Grant in 2018
NuScale Power designs, manufactures, and commercializes small modular reactors for nuclear power generation. Their flagship product is the NuScale Power Module, a self-contained unit that operates independently of others in multi-module configurations. The company's solutions cater to various applications such as electric generation, cogeneration, process steam and heat, remote mining operations/desalinization plants, and government applications.
SHINE develops and deploys fusion-based technology to produce medical isotopes and neutron sources. Its processes generate molybdenum-99, a precursor to technetium-99m used in diagnostic imaging, and lutetium-177 for diagnostic and therapeutic use, along with iodine-131 and iodine-125 for thyroid treatment and brachytherapy, and xenon-133 for lung and brain imaging. The company’s systems also provide neutron sources for industrial imaging, radiation-effects testing, and fusion materials research. In addition to medical isotopes, SHINE aims to recycle nuclear waste and advance fusion power as a source of clean energy. The business serves health care and industrial customers worldwide. SHINE is based in Janesville, Wisconsin, with an office in Alkmaar, Netherlands.
Wolfspeed is a leading manufacturer specializing in wide bandgap semiconductors, particularly silicon carbide (SiC) and gallium nitride (GaN) materials and devices. The company plays a crucial role in the transformation of the semiconductor industry, supporting the transition to electric vehicles, the deployment of faster 5G networks, and advancements in renewable energy and energy storage systems. Wolfspeed offers a range of products designed for power and radio-frequency applications, including use in transportation, power supplies, inverters, and wireless systems. With a workforce of over 550 skilled employees, the company boasts a robust intellectual property portfolio of approximately 2,000 patents and patent applications. Its operations are primarily based in Europe, with additional revenue derived from the United States, China, Hong Kong, and other regions.
Varian Semiconductor Equipment Associates
Grant in 2011
Varian Semiconductor Equipment Associates, Inc. specializes in the design, manufacture, marketing, and servicing of semiconductor processing equipment essential for the fabrication of integrated circuits. The company's product portfolio includes various ion implanters, such as the medium current VIISta 900XP series, as well as high current and high energy variants, including the VIISta HCS series and VIISta HE implanters. Varian caters primarily to semiconductor manufacturers across North America, Europe, Japan, Taiwan, and South Korea. Established in 1999, the company is headquartered in Gloucester, Massachusetts.
Siemens is a global technology company based in Munich that empowers customers to transform the industry, transportation, buildings, and grids by integrating physical and digital systems. It partners with other companies, industries, and innovators to combine the real and the digital worlds, advancing digitalization, efficiency, and sustainability across core sectors such as energy, mobility, and healthcare.
Whirlpool Corporation is a leading manufacturer and marketer of home appliances, established in 1911 and headquartered in Benton Harbor, Michigan. The company operates through four geographical segments: North America, Europe, the Middle East and Africa, Latin America, and Asia. Its primary product offerings include refrigerators, freezers, laundry appliances, cooking appliances, dishwashers, and various small domestic appliances, as well as hermetic compressors for refrigeration systems. Whirlpool markets its products under a diverse range of brand names, including Whirlpool, Maytag, KitchenAid, JennAir, and Amana, among others. The company distributes its products to retailers, distributors, builders, and directly to consumers, ensuring a broad reach in the home appliance market across multiple regions.
Tesla
Debt Financing in 2009
Tesla designs and manufactures electric vehicles and energy generation and storage systems, pursuing a vertically integrated approach to product and software development. It offers a full range of electric cars, including sedans and crossover models, and markets its vehicles through company-owned stores and its website. The company also produces and sells stationary energy storage batteries for residential, commercial, and utility use, and provides solar energy generation and solar storage products. It operates a fast-charging network and develops autonomous driving software. Headquartered in Palo Alto, California, Tesla serves international markets and aims to accelerate the transition to sustainable mobility through innovation across vehicles, energy, and software.
Aptiv
Venture Round in 2008
Aptiv is a global technology company specializing in safer, greener, and more connected mobility solutions. It integrates software capabilities, advanced computing platforms, and networking architecture to enable the future of mobility. Headquartered in Gillingham, England, Aptiv operates in over 45 countries with a focus on becoming the leading integrator of mobility's software and systems technologies.
Nanosolar, Inc. is a manufacturer of solar electricity cells and panels, specializing in cost-efficient solar solutions. Founded in 2001 and headquartered in San Jose, California, with additional manufacturing facilities in Berlin, Germany, Nanosolar develops innovative products such as the Utility Panel, designed for utility-scale power plants, and SolarPly, a lightweight solar-electric cell foil that can be customized in size. The company's proprietary technology involves printing solar cells using CIGS (Copper, Indium, Gallium, Selenium) and nanoparticle inks, along with an annealing process that reduces reliance on expensive vacuum deposition equipment. By leveraging industrial printing methods and roll-to-roll manufacturing, Nanosolar produces solar-electric foil at high speeds, effectively merging the principles of printing with solar photovoltaic semiconductor production, thereby enhancing economic efficiency in the solar industry.
Plug Power Inc. is a leading provider of hydrogen fuel cell solutions, focusing on clean and zero-emission technologies for electric mobility and stationary power markets in North America and Europe. The company specializes in proton exchange membrane (PEM) fuel cell systems, fuel processing technologies, and hybrid solutions, alongside the necessary hydrogen storage and dispensing infrastructure. Its products include GenDrive, a hydrogen-powered PEM fuel cell system for material handling vehicles; GenFuel, which encompasses hydrogen delivery and dispensing; GenCare, a maintenance program for its fuel cell systems; and GenSure, a stationary fuel cell solution for backup and grid-support power. Plug Power also offers the GenKey solution, which integrates all essential components for fuel cell power, and ProGen, a fuel cell stack technology used in various applications. With over 40,000 deployed fuel cell systems, Plug Power is a significant player in the hydrogen economy and has established a network of hydrogen highways across North America. Founded in 1997 and headquartered in Latham, New York, the company serves a diverse clientele, including major corporations and industries.