The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.
Pure Lithium specializes in the manufacture of lithium metal battery technology aimed at delivering clean, sustainable, and cost-effective rechargeable batteries. The company's innovative approach replaces traditional graphite anodes with pure lithium metal, significantly enhancing energy density and overall battery performance. Pure Lithium's batteries offer a high discharge current density, longer charging times, and reduced weight, facilitating easier portability and transportation. This technology enables industries to operate effectively in various environmental conditions, supported by customized casings and insulation. Additionally, Pure Lithium utilizes an unconventional source of lithium to create battery-ready electrodes within a day, producing batteries that are free of excess lithium, cobalt, nickel, manganese, and graphite.
TEVERRA
Grant in 2025
TEVERRA is a clean energy technology company that provides innovative subsurface solutions aimed at optimizing carbon storage, energy storage, and geothermal operations. The company focuses on converting oil and gas assets into geothermal resources and offers a range of services including subsurface thermal energy storage, geothermal systems, and power plant design. Additionally, TEVERRA specializes in subsurface monitoring, visualization, and control for both geothermal and oil and gas sectors. By developing advanced technology and implementing international projects, TEVERRA supports the transition to a low-carbon and sustainable energy mix.
Permascand
Grant in 2025
Permascand AB is an engineering and manufacturing company based in Ljungaverk, Sweden, specializing in electrochemical systems and technology. Founded in 1971, it produces a range of products and equipment made from titanium and nickel, including catalytic coatings, electrochemical cells, water treatment systems, and welded components. Permascand's offerings are marketed under several brand names, including PERMACHLOR and RADICAL FILTRATION. The company operates across three main business segments: Electrification & Renewable, which focuses on green technology applications; Industrial Solutions, which caters to the chemicals industry; and Water Treatment, providing solutions for electrochemical disinfection. Permascand serves diverse markets in Sweden, Europe, and the Americas, and has sales offices in Göteborg, Sweden, and Vancouver, Canada. The company operates independently, having previously been a subsidiary of Akzo Nobel NV.
Ioneer
Post in 2025
Ioneer Ltd is a mineral exploration company based in North Sydney, Australia, primarily engaged in the development of its wholly owned Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. With a focus on creating a sustainable future, Ioneer aims to establish a domestic source of lithium and boron, two critical materials for various applications, including renewable energy technologies. The company emphasizes environmentally and socially responsible extraction methods to align with its vision of sustainability. Since its incorporation in 2001, Ioneer has evolved from its previous identity as Global Geoscience Limited, reflecting its commitment to advancing the mining sector while addressing modern environmental challenges.
OnePlanet Solar Recycling
Debt Financing in 2025
OnePlanet Solar Recycling, founded by experts from the metals manufacturing, recycling, and solar energy sectors, specializes in scalable and sustainable solutions for solar panel recycling. The company provides a comprehensive range of services tailored to the needs of the solar energy and recycling industries. These services include logistics support, recycling certificates, and the recycling of various components such as damaged solar panels, mounting structures, inverters, and wiring materials like copper and aluminum. By focusing on efficient and environmentally responsible recycling practices, OnePlanet Solar Recycling aims to support the growing demand for sustainable energy solutions.
Daphne Technology
Grant in 2025
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in developing a catalyst-free, nano-technology aimed at reducing air emissions for industries such as petrochemical, power, and transportation. Its patented solutions are designed to be miniaturized, making them particularly suitable for marine vessels. By effectively breaking down toxic pollutants into non-hazardous elements, the technology not only meets international and national regulatory requirements but also offers significant cost advantages. It allows for a substantial reduction in operating costs without necessitating a change in fuel type, thereby enabling cleaner emissions for ships using current and future fuels, including ammonia and hydrogen.
Envana Software Solutions
Grant in 2025
Envana Software Solutions, established in 2023 and based in Houston, Texas, offers software-as-a-service products focused on greenhouse gas emissions management and carbon accounting. The company provides tools that enable organizations, particularly in the oil and gas sector, to track, measure, analyze, and forecast the emissions impact of their operations. By enhancing transparency regarding the environmental effects of drilling, completions, and production activities, Envana's software delivers critical insights that help companies manage and reduce their overall carbon footprint effectively.
Arizona Public Service
Debt Financing in 2025
Arizona Public Service Company is a utility provider based in Phoenix, Arizona, founded in 1886. As a subsidiary of Pinnacle West Capital Corporation, it generates electricity from a mix of coal-fired and renewable energy sources. The company serves both residential and commercial customers, offering vertically-integrated electric utility services that include retail and wholesale electricity. Arizona Public Service is committed to delivering clean, reliable, and affordable energy to its clients.
Hyliion
Grant in 2024
Hyliion is a company based in Austin, Texas, dedicated to providing innovative electrified solutions for the commercial vehicle industry and beyond. Its primary objective is to reduce carbon intensity and greenhouse gas emissions in the transportation sector by offering advanced powertrain solutions for Class 8 commercial vehicles. Hyliion's key products include a hybrid powertrain system and the Hypertruck ERX system, designed to deliver the lowest total cost of ownership while promoting sustainability. In addition to its focus on transportation, Hyliion is developing distributed power generators capable of utilizing various fuel sources, which can serve applications such as prime power, peak shaving, and renewable energy matching. The KARNO generator, a fuel-agnostic solution featuring a linear heat generator architecture enabled by additive manufacturing, exemplifies the company's commitment to flexible and affordable electricity production. Overall, Hyliion seeks to contribute positively to the energy economy by providing practical solutions that align with environmental goals.
Stratus Materials
Grant in 2024
Stratus Materials is a developer and manufacturer of advanced cathode active materials specifically designed for lithium-ion batteries. The company specializes in manganese-rich, cobalt-free materials, which provide a favorable balance of performance, safety, cost-effectiveness, and environmental sustainability. By focusing on these innovative materials, Stratus Materials aims to enhance the performance of electric vehicle batteries and support the growing demand for efficient energy storage solutions.
Quino Energy
Grant in 2024
Quino Energy specializes in the manufacture of cost-effective batteries utilizing a unique technology based on quinones dissolved in water. The batteries, derived from low-cost coal tar and wood tar, are designed for long-duration energy storage of 5 to 12 hours, making them more efficient than competing technologies. The company has licensed this innovative quinone flow battery technology from Harvard University, where it was initially developed. Quino Energy aims to provide scalable and long-lasting grid energy storage solutions that support a fully renewable energy future. Its storage services cater to various applications, including grid resiliency, microgrids, and renewable energy storage, accommodating needs from individual homes to large solar farms.
Novonix Group
Post in 2024
Novonix Group, established in 2012, is a global provider of advanced materials, equipment, and services for the lithium-ion battery industry. Based in Brisbane, Australia, with operations in Canada, the company operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for high-grade flake graphite in Australia. The Battery Technology segment develops and supplies high-precision battery testing equipment and services, catering to the precision measurement of coulombic efficiency. The Battery Materials segment focuses on developing and manufacturing synthetic graphite anode materials used in lithium-ion batteries, powering electric vehicles, personal electronics, and energy storage units. Novonix Group also has a strategic alliance with Harper International Corporation to enhance its synthetic graphite manufacturing process.
Swift Rails
Grant in 2024
Swift Rails is a transportation company that provides personalized transit solutions using autonomous vehicles designed for 1-4 passengers. The company focuses on sustainability by offering energy-efficient, zero-emission systems powered by renewable energy. Passengers can request rides through a mobile application, where semi-autonomous electric vehicles travel on elevated ultra-light rails. This innovative system minimizes environmental pollution and alleviates traffic congestion by delivering passengers directly to their destinations without stops in between. Swift Rails aims to redefine urban transportation with its eco-friendly approach and advanced technology.
COnovate
Grant in 2024
COnovate is a startup focused on enhancing lithium-ion battery technology through the development of innovative materials. The company produces bio-sourced electrode materials known as eCOphite, which utilize a graphene monoxide composition to improve energy storage capacity. These carbon-based nanomaterials are designed to integrate seamlessly with existing battery designs, offering a scalable and cost-effective alternative for anode materials. COnovate's products aim to provide higher performance, faster charging capabilities, and improved safety in battery operation, positioning the company as a key player in the advancement of energy storage solutions.
StarPlus Energy
Debt Financing in 2024
StarPlus Energy is a manufacturer based in Kokomo, Indiana, specializing in the production of batteries for electric vehicles. The company focuses on revolutionizing the electric vehicle battery manufacturing process, aiming to enhance performance and efficiency in this rapidly growing sector. By leveraging innovative technologies and production techniques, StarPlus Energy seeks to contribute to the advancement of sustainable transportation solutions.
Sunwealth
Debt Financing in 2024
Sunwealth is a clean energy investment firm focused on advancing commercial solar projects. By utilizing a proprietary methodology, the company identifies high-performing projects that deliver both financial returns and social impact. Sunwealth offers a Solar Impact Fund, which enables the rapid scaling of investments in a diversified portfolio of solar assets. This approach allows investors to directly engage in meaningful projects while benefiting from the efficiency and reliability of solar energy. The firm leverages its extensive expertise in solar technology and investment to support businesses, municipalities, and non-profit organizations in achieving significant financial returns alongside their clean energy goals.
Rivian
Post in 2024
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly driving experience.
Mazama Energy
Grant in 2024
Mazama Energy is a geothermal power company specializing in generating baseload electricity from superhot rocks, utilizing innovative techniques and technology. It aims to provide a large-scale, clean, and dispatchable source of carbon-free energy, advising on innovative energy systems and creating the lowest cost solutions.
EarthEn
Grant in 2024
EarthEn is focused on developing innovative technology for long-duration energy storage solutions that are carbon-negative and climate-positive. The company has created a novel power cycle that utilizes carbon dioxide in a closed-loop system, which allows for flexible and scalable energy storage applications. This thermo-mechanical approach is designed to be low-cost, safe, and future-proof, with an expected operational lifetime of 30 years. By providing clients with a reliable and sustainable energy source, EarthEn aims to facilitate the transition to renewable energy at the lowest possible cost.
Hydrogen Technologies
Grant in 2024
Hydrogen Technologies specializes in providing zero-emission energy solutions for the commercial and industrial boiler market. The company's cleanH2steam DCC™ Boiler is designed for diverse applications, including power generation plants, district heating, food processing, chemical refining, pulp and paper mills, and large venue halls. It functions similarly to traditional boilers used for heat, hot water, and industrial steam, while offering high energy efficiency and safety. By delivering cost-effective and environmentally friendly boiler solutions, Hydrogen Technologies aims to support its customers in achieving both financial returns and emission reduction objectives.
OnStream CO2
Grant in 2024
OnStream CO2 is a company specializing in the development of carbon storage projects. Its primary focus is to create and implement carbon capture and storage (CCS) projects, with the aim of reducing greenhouse gas emissions and combating climate change.
First Light Solutions
Grant in 2024
First Light Solutions aims to identify and discover manufacture carbon-capturing zeolites.
ClearSign Combustion
Grant in 2024
ClearSign Technologies Corporation, founded in 2008 and headquartered in Seattle, Washington, specializes in developing technologies that enhance the performance and efficiency of combustion systems across various sectors, including energy, oil and gas production, and industrial processing. The company offers innovative solutions aimed at improving energy efficiency, reducing emissions, and increasing overall cost-effectiveness. Its patented ClearSign Core technology, along with the Electrodynamic Combustion Control™ platform, optimizes combustion processes by enhancing flame control and heat transfer, thereby minimizing harmful emissions. ClearSign provides a range of products, including process and boiler burners, flares, and the ClearSign Eye, which collectively address critical challenges in productivity and pollution within the industrial landscape.
Helix Earth Technologies
Grant in 2024
Helix Earth Technologies focuses on advancing filtration technology to enhance energy efficiency in air conditioning systems within commercial buildings and industrial facilities. By utilizing multiplexed inertial coalescence refining apparatus technology, Helix aims to significantly reduce air conditioning energy costs while maintaining a healthy indoor environment. The company’s innovations in liquid-gas chemistry seek to disrupt traditional approaches and contribute to decarbonizing the built environment and heavy industries. With various incentives and tax credits available, Helix's products can be implemented with minimal financial burden, positioning them as a practical solution for integration into rooftop HVAC systems.
Prometheus Materials
Grant in 2024
Prometheus Materials focuses on the development of bio-cement designed to achieve zero carbon emissions, contributing to global sustainability efforts. The company specializes in creating innovative construction materials that utilize algae, water, ambient carbon dioxide, sunlight, and sand. By producing bio-cement and bio-concrete that are carbon negative, Prometheus Materials enables clients to adopt more sustainable practices in construction, thereby helping to reduce overall carbon dioxide emissions associated with traditional concrete production.
Li-Cycle
Post in 2024
Li-Cycle is a clean technology firm specializing in the resource recovery of end-of-life lithium-ion batteries. The company utilizes its proprietary Spoke and Hub recycling process, which involves two main components: the Spokes, where battery manufacturing scrap and used batteries are processed to produce black mass, and the Hubs, where this black mass is further refined to recover essential raw materials such as lithium carbonate, cobalt sulfate, and nickel sulfate. Li-Cycle's innovative approach aims to recover 80 to 100% of materials from lithium-ion batteries, promoting a sustainable and safe solution for the growing demand for critical battery resources.
Sperra
Grant in 2024
Sperra is focused on advancing renewable energy through innovative energy storage and construction technologies. The company has developed a long-duration energy storage solution known as M-PHES, which utilizes large hollow concrete spheres placed on the seafloor to store mechanical energy as pressure. This system retains the advantages of conventional pumped hydro storage while expanding deployment possibilities, reducing development timelines, and enhancing modularity. Additionally, Sperra is pioneering three-dimensional concrete printing technology to create custom infrastructure for offshore wind, floating solar, and wave energy projects. By employing automated design and construction methods, the company minimizes material waste and carbon emissions while utilizing local resources, thereby contributing to more resilient and cost-effective solutions for the renewable energy sector.
ReJoule
Grant in 2024
ReJoule is focused on addressing the challenges associated with battery health information, which often leads to significant waste, especially at the end of a battery's life. The company has developed a battery diagnostic platform that significantly reduces testing time from hours to minutes, allowing for quick and accurate assessments of batteries for second-life applications. By testing batteries in-vehicle during their initial use, ReJoule enables equipment manufacturers to extend the useful life of batteries, facilitating their repurposing to store energy multiple times. This approach promotes sustainability and contributes to a circular economy by minimizing battery waste and lowering costs for manufacturers.
GridBeyond
Grant in 2024
GridBeyond Limited specializes in smart grid optimization solutions that utilize artificial intelligence to support a transition to a zero-carbon future. The company's platform integrates on-site hardware, cloud-based software, and a hybrid battery and demand network, enabling the automation and control of energy demand through machine learning technology. GridBeyond serves a diverse range of sectors, including industrial, manufacturing, and logistics, by connecting distributed energy resources with electricity markets. This approach allows customers to access utility-scale renewable generation and battery storage, thus maximizing efficiency and enhancing grid performance. Founded in 2007 and headquartered in Watford, United Kingdom, GridBeyond also has offices in Dublin, Cork, and Houston.
Moment Energy
Grant in 2024
Moment Energy focuses on developing sustainable battery energy storage systems that repurpose retired electric vehicle batteries. The company aims to enhance energy reliability for off-grid areas and address peak demand in on-grid locations. By utilizing these repurposed batteries, Moment Energy provides clean, reliable, and cost-effective energy storage solutions, making renewable energy more accessible for both off-grid and industrial customers.
Anthro
Grant in 2024
Anthro is an advanced materials company focused on innovating energy storage solutions for the battery-powered future. It specializes in developing flexible battery technology aimed at enhancing the capacity of wearable electronic devices. By transforming traditional lithium-ion batteries through patented polymer electrolyte technology, Anthro creates a polymeric supramolecular lithium-ion conductor that combines mechanical and ionic properties. This innovation allows device manufacturers to produce flexible and safe batteries, contributing to a more electrified future. The company is supported by leading investors and various government grants, positioning it at the forefront of energy storage advancements.
Mainspring
Grant in 2024
Mainspring Energy, Inc. is a company based in Menlo Park, California, focused on developing linear generator technology that produces low-carbon, dispatchable energy. Founded in 2010 by three Stanford engineers, Mainspring aims to address the challenges of climate change while providing affordable electricity. The company engineers advanced prototypes of linear generators that convert fuel into electricity through a low-temperature reaction of air and fuel, driving magnets through copper coils. This innovative approach allows Mainspring to offer electricity at lower costs and with greater reliability, contributing to the vision of creating net-zero carbon grids in the future.
LongPath Technologies
Debt Financing in 2024
LongPath Technologies is a company that specializes in monitoring services for the oil and gas industry, utilizing advanced laser-based technology to detect leaks in natural gas infrastructure. The company's systems provide long-range capabilities for continuous emissions monitoring, allowing for the identification and quantification of emissions sources across extensive areas. This technology offers clients a cost-effective solution for accurate and precise data tailored to their specific monitoring needs. By empowering operators to validate gas performance, LongPath enhances operational credibility and supports sustainable practices within the sector.
Sparkz
Grant in 2024
Sparkz specializes in innovative battery technology aimed at addressing the limitations of traditional lithium batteries. The company's cobalt-free approach effectively tackles several significant challenges, including low run-time, slow charging rates, rapid deterioration, and supply chain issues. Additionally, Sparkz's technology is designed with environmental and safety concerns in mind, making it a promising solution for the electric mobility sector. By enhancing electrochemical energy storage capabilities, Sparkz is poised to support the growth and advancement of electric mobility innovations.
Arizona Public Service
Grant in 2024
Arizona Public Service Company is a utility provider based in Phoenix, Arizona, founded in 1886. As a subsidiary of Pinnacle West Capital Corporation, it generates electricity from a mix of coal-fired and renewable energy sources. The company serves both residential and commercial customers, offering vertically-integrated electric utility services that include retail and wholesale electricity. Arizona Public Service is committed to delivering clean, reliable, and affordable energy to its clients.
Arbor Energy
Grant in 2024
Arbor was founded by a team of engineers and climate scientists who have spent their careers developing some of the most advanced rocket engine technologies and power systems. The team brings together deep experience in turbomachinery, combustion, manufacturing, technical design engineering, bioenergy and energy projects, climate science, and community engagement. Arbor’s mission is to solve the greatest problem of our generation: climate change, by reversing humanity’s climate footprint and building a truly sustainable civilization. With over a century of combined experience at aerospace companies, including SpaceX and GE, we are now working on our magnum opus. The same technology we’ve developed to get humans off this planet will now help us save it.
LanzaTech
Grant in 2024
LanzaTech, Inc. is a carbon recycling company based in Skokie, Illinois, with additional offices in Roselle, Illinois; Shanghai, China; and Gurgaon, India. Founded in 2005, the company specializes in producing fuel ethanol from renewable non-food resources, including industrial flue gases and waste gases generated from the gasification of municipal solid waste and biomass. LanzaTech's innovative technology enables the conversion of carbon emissions from sources like steel mills into valuable products, such as sustainable fuels and chemicals, thus contributing to a circular carbon economy. By recycling carbon from various waste streams, LanzaTech aims to reduce global CO2 emissions significantly and displace a substantial portion of crude oil use, ultimately transforming waste carbon into essential building blocks for consumer goods.
Gevo
Post in 2024
Gevo, Inc. is a renewable fuels company based in Englewood, Colorado, focused on developing and commercializing sustainable alternatives to petroleum-based products. Founded in 2005, Gevo specializes in producing renewable fuels such as gasoline, jet fuel, and diesel, as well as chemicals derived from isobutanol, a key product made from low-carbon renewable feedstocks. The company's offerings include renewable biodiesel, sustainable aviation fuel, isobutylene, ethanol, and animal feed. Gevo is also engaged in producing renewable electricity and natural gas to support its operations. Through its various segments, Gevo conducts research and development aimed at advancing biofuels and biochemicals, including innovative technologies for the production of sustainable aviation fuel and other renewable hydrocarbon products, while actively working to reduce greenhouse gas emissions.
Montana Renewables
Debt Financing in 2024
Montana Renewables focuses on refining renewable feedstocks into low-emission sustainable alternatives to traditional fossil fuels. Utilizing its Great Falls facility, the company processes up to 15,000 barrels per stream day of materials such as seed oils, used cooking oil, and tallow. The finished products serve as drop-in replacement fuels for diesel and aviation use, seamlessly integrating with existing engine technology and distribution systems. By offering these renewable options, Montana Renewables provides clients with effective decarbonization solutions while actively working to reduce carbon emissions. The company is also positioned for future expansion and innovation within the renewable energy sector.
C-Crete Technologies
Grant in 2024
C-Crete Technologies is a pioneering company specializing in the development and commercialization of innovative materials and technologies. They focus on driving advancements in energy, environment, materials, construction, and infrastructure sectors. By integrating expertise in materials science, nanotechnology, multiscale computations, and predictive analytics, C-Crete is creating next-generation solutions for a low-carbon, energy-efficient world. Their flagship innovation is a nanoengineered cement that significantly reduces CO2 emissions and transforms abundant, non-carbonate rocks into cementitious binders, offering substantial energy savings, affordability, and flexibility, while maintaining high performance and user comfort.
Interlune
Grant in 2024
Interlune is a pioneering space resource company that specializes in extracting valuable materials from space to support both terrestrial and extraterrestrial economies. The company has developed innovative machinery and processes to identify and harvest natural resources in space, with a focus on rare elements like Helium-3. By doing so, Interlune aims to facilitate a clean and sustainable future on Earth while also fostering the growth of an in-space economy.
CorePower Magnetics
Grant in 2024
CorePower Magnetics specializes in the manufacturing of electric components utilizing advanced magnetic core technology aimed at enhancing efficiency and power density. The company focuses on developing power-dense soft magnetics through innovative materials and advanced manufacturing techniques. This approach yields significant reductions in weight and volume, as well as decreased energy losses, all without relying on rare-earth metals. As a result, CorePower Magnetics' components offer improved current capabilities, extended ranges for electric vehicles, and longer lifespans for various applications. The company's commitment to optimizing magnetic core features addresses critical limitations in power electronics and power conversion systems, contributing to advancements in the electrification of transportation, energy efficiency, and grid modernization.
Giner Labs
Grant in 2024
Giner Electrochemical Systems, LLC (GES) is a specialized business focused on developing and commercializing advanced electrochemical technologies. Established in May 2000 as a subsidiary of Giner, Inc., GES operates independently while maintaining a strategic alliance with General Motors Corporation. The company is dedicated to creating commercially viable fuel cells for transportation and stationary power systems, contributing to efforts to reduce greenhouse gas emissions. GES’s product offerings include a range of components and systems, such as catalysts, membrane-electrode assemblies, and electrolyzers. Additionally, GES manufactures devices that enable the detection of heavy metal pollutants at very low concentrations, thereby supporting environmental monitoring and safety. Through its innovative technologies, GES aims to address critical challenges in energy and environmental sustainability.
Li Industries
Grant in 2024
Li Industries is a start-up dedicated to advancing lithium-ion battery recycling technologies. The company focuses on reclaiming materials from end-of-life batteries used in electric vehicles, consumer electronics, and various energy storage systems. By utilizing direct recycling technology, Li Industries specializes in recovering valuable metals such as lithium, cobalt, and nickel, which are essential for battery production. Their innovative electrochemical flow system allows for non-destructive lithiation and optimizes the post-treatment of recovered materials, enhancing the efficiency of the recycling process. Through its efforts, Li Industries aims to minimize environmental waste, lower emissions, and reduce the costs associated with lithium-ion battery manufacturing, thereby promoting a more sustainable supply chain for battery materials.
American Battery Technology Company
Grant in 2024
American Battery Technology Company focuses on the sustainable and ethical sourcing of critical battery materials essential for powering electric vehicles, grid storage, and consumer electronics. The company specializes in lithium-ion battery recycling, extraction of battery metals, and the development of primary mineral resources. By employing closed-loop and clean energy technologies, it aims to produce low-cost battery metals while promoting environmental stewardship in the battery supply chain.
Blue Whale Materials
Grant in 2024
Blue Whale Materials specializes in the recycling of lithium-ion batteries, focusing on the safe reclamation and responsible supply of critical materials such as cobalt, nickel, and lithium. Utilizing proprietary technology and processes, the company efficiently recycles spent batteries to produce recycled products that can be used in the manufacturing of new battery components. This approach not only contributes to a sustainable supply chain but also aims to reduce dependence on traditional mining operations. By addressing the growing demand for materials necessary for the electrified economy, Blue Whale Materials plays a vital role in promoting environmental sustainability and securing domestic resources.
Stepwise
Grant in 2024
Stepwise specializes in home electrification services, focusing on the installation of electric vehicle (EV) chargers and heat pumps. The company has developed a software-defined smart device that connects to an electric panel, acting as an intermediary between the panel and the EV charger. This device monitors energy consumption and manages the charger, ensuring efficient and reliable charging services for clients. By leveraging this technology, Stepwise aims to enhance the accessibility and effectiveness of home electrification solutions.
Ecotope
Grant in 2024
Ecotope is a consulting, research, and mechanical engineering firm that focuses on energy efficiency and design in buildings.
Renewability Energy
Grant in 2024
Renewability Energy designs, manufactures, and sells patent-pending power pipes. Their patented and patent-pending power-pipe DWHR system reclaims and recycles a substantial portion of the heat energy.
Evari
Grant in 2024
Evari is a clean-tech firm developing next-generation tiny, oil-free turbocompressors for heating and cooling applications to help with the global energy transition and expedite the decarbonization of various industries.
Wabash Valley Resources
Debt Financing in 2024
Wabash Valley Resources LLC, incorporated in 2016 and based in West Terre Haute, Indiana, specializes in the production and distribution of anhydrous ammonia. The company primarily serves local industrial and agricultural users by providing a reliable source of nitrogen for their fields at competitive prices. In addition to its ammonia manufacturing, Wabash Valley Resources is focused on developing sustainable solutions aimed at reducing carbon emissions and fostering a hydrogen economy. The company stores anhydrous ammonia at its facility to ensure efficient delivery to its clients.
Daphne Technology
Grant in 2024
Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in developing a catalyst-free, nano-technology aimed at reducing air emissions for industries such as petrochemical, power, and transportation. Its patented solutions are designed to be miniaturized, making them particularly suitable for marine vessels. By effectively breaking down toxic pollutants into non-hazardous elements, the technology not only meets international and national regulatory requirements but also offers significant cost advantages. It allows for a substantial reduction in operating costs without necessitating a change in fuel type, thereby enabling cleaner emissions for ships using current and future fuels, including ammonia and hydrogen.
1PointFive
Grant in 2024
1PointFive is a platform focused on Carbon Capture, Utilization, and Sequestration (CCUS), aiming to provide effective solutions for decarbonization and the reduction of CO₂ emissions. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere, independent of emission sources. By commercializing direct air capture facilities at an industrial scale, 1PointFive supports industries that are challenging to decarbonize, including long-haul trucking, shipping, and aviation. This approach contributes to the broader goal of mitigating climate change and fostering a circular carbon economy.
EPRI
Grant in 2024
The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public.
Plug Power
Grant in 2024
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.
National Renewable Energy Laboratory
Grant in 2024
National Renewable Energy Laboratory is the only federal laboratory dedicated to the research, development, commercialization and deployment of renewable energy and energy efficiency technologies. Backed by 33 years of achievement, NREL leads the way in helping meet the growing demand for clean energy.
Blue Biofuels
Grant in 2024
Blue Biofuels is a technology company focused on renewable energy and biofuels. It has developed an innovative process called Cellulose-to-Sugar 2.0 (CTS 2.0), which utilizes a mechanical and chemical dry method to convert a variety of cellulosic feedstocks—such as grasses, wood, paper, and agricultural waste—into sugar and lignin. These products are essential for creating biofuels, biodegradable plastics, and other specialty materials. The company aims to contribute to a more sustainable future by producing renewable fuels and environmentally friendly products through a CO2-neutral process, emphasizing the use of plant-based materials.
C-Crete Technologies
Grant in 2024
C-Crete Technologies is a pioneering company specializing in the development and commercialization of innovative materials and technologies. They focus on driving advancements in energy, environment, materials, construction, and infrastructure sectors. By integrating expertise in materials science, nanotechnology, multiscale computations, and predictive analytics, C-Crete is creating next-generation solutions for a low-carbon, energy-efficient world. Their flagship innovation is a nanoengineered cement that significantly reduces CO2 emissions and transforms abundant, non-carbonate rocks into cementitious binders, offering substantial energy savings, affordability, and flexibility, while maintaining high performance and user comfort.
Faraday Technology
Grant in 2024
Faraday Technology develops and commercializes novel electrochemical technologies. They also manage the intellectual property assets developed from the application of the faradayic process to provide their customers and strategic partners with a competitive advantage.
MAAT Energy
Grant in 2024
MAAT Energy represents one of the most significant opportunities to impact climate change.
Nano-C
Grant in 2024
Nano-C, Inc. specializes in the development and manufacturing of nanostructured carbon materials for high-value applications in energy and electronics. Founded in 2001 and based in Westwood, Massachusetts, the company produces carbon nanotubes, fullerenes, and their derivatives. These materials are integral to a variety of technologies, including transparent conducting films for displays, advanced photoresists for semiconductor manufacturing, and components for solar panels, batteries, and fuel cells. Nano-C's products enable the creation of innovative and efficient solutions, contributing to advancements in electronics and renewable energy sectors. The company's offerings support the development of lighter, more durable devices, aligning with the growing demand for sustainable and high-performance materials.
Giner Labs
Grant in 2024
Giner Electrochemical Systems, LLC (GES) is a specialized business focused on developing and commercializing advanced electrochemical technologies. Established in May 2000 as a subsidiary of Giner, Inc., GES operates independently while maintaining a strategic alliance with General Motors Corporation. The company is dedicated to creating commercially viable fuel cells for transportation and stationary power systems, contributing to efforts to reduce greenhouse gas emissions. GES’s product offerings include a range of components and systems, such as catalysts, membrane-electrode assemblies, and electrolyzers. Additionally, GES manufactures devices that enable the detection of heavy metal pollutants at very low concentrations, thereby supporting environmental monitoring and safety. Through its innovative technologies, GES aims to address critical challenges in energy and environmental sustainability.
Carbon To Stone
Grant in 2024
Carbon To Stone is a developer focused on carbon management and resource recovery solutions for heavy industries. The company specializes in the process of carbon mineralization, which captures carbon dioxide from the atmosphere or specific emission sources and combines it with alkaline industrial residues. This innovative approach converts carbon dioxide into solid carbonates, effectively locking atmospheric carbon into stone. In addition to mitigating carbon emissions, Carbon To Stone enables the recovery of energy-critical metals and materials from environmental waste, contributing to a more sustainable industrial process.
Dioxide Materials
Grant in 2024
Dioxide Materials is focused on creating sustainable solutions through innovative green technology aimed at addressing climate change. The company specializes in developing systems that recycle waste carbon dioxide into fuels and chemicals, thereby helping to reduce the global carbon footprint. Key products include Sustainion membranes and ionomers, which function as both catalysts and electrolytes in various electrochemical cells and electrolyzers. These technologies facilitate the production of renewable syngas and enable the conversion of air, water, and renewable energy into renewable gasoline. By providing efficient solutions for clean energy production, Dioxide Materials supports the transition to a low-carbon economy and contributes to the reduction of greenhouse gas emissions.
RockeTruck
Grant in 2024
RockeTruck combines the best vehicle electrification technologies and truck designs to deliver the Worlds most efficient and reliable electric truck.
SkyNano
Grant in 2024
SkyNano is a technology company dedicated to addressing carbon pollution through innovative solutions. It specializes in converting carbon emissions into valuable chemical feedstocks for the production of advanced carbon materials. Utilizing proprietary electrochemistry, SkyNano offers a low-cost and scalable manufacturing process that is both sustainable and efficient. The company's approach aims to provide functional materials that can have a wide range of applications, helping clients mitigate the adverse effects of climate change while promoting a more sustainable future.
Climate Robotics
Grant in 2024
Climate Robotics is a company that specializes in developing robotics and artificial intelligence aimed at addressing climate change and enhancing soil health. Founded in 2020 and based in the United States, the company focuses on utilizing its innovative technology to sequester carbon. One of its key products, the pyrobot, is designed to identify degraded or blighted land in urban and peri-urban areas and convert onsite biomass waste into biochar. This process not only helps in carbon sequestration but also improves soil quality, contributing to environmental sustainability.
Eden Park Illumination
Grant in 2024
Eden Park Illumination, Inc. is a lighting technology company based in Champaign, Illinois, established in 2007. The company specializes in the research, development, manufacturing, and commercialization of advanced lighting systems, particularly focusing on ultraviolet (UV) lamps. Its product offerings include various ultraviolet lighting systems, such as the patented Far-UVC 222nm disinfection lamps, which are designed to safely disinfect air and surfaces, helping to mitigate health threats like Covid-19. Eden Park's lamps are recognized for their toxicity-free design, uniform soft glow, and consistent color and intensity, making them suitable for diverse applications including architectural projects, retail displays, and interior lighting. The company benefits from a strong technological foundation, supported by over fifty years of expertise through its affiliation with the Laboratory of Optical Physics and Engineering at the University of Illinois.
Altex Technologies
Grant in 2024
Altex Technologies specializes in fuels processing and fuel cell power systems, offering services that include low emission burners and thermal management solutions. The company focuses on developing innovative fuel processing technologies and provides comprehensive support to manufacturers by equipping them with essential tools for assessing fuels and combustion system performance. This includes flow and temperature monitors, total sulfur analyzers, and continuous gaseous emissions monitors. By enhancing the monitoring and characterization of fuel systems, Altex Technologies helps manufacturing companies reduce risks associated with fuel usage and emissions.
EnPower
Grant in 2024
EnPower, Inc. is a manufacturer of lithium-ion battery cells and packs, primarily focused on applications in electric mobility, including electric vehicles, industrial robotics, and satellites. Founded in 2014 and based in Phoenix, Arizona, the company utilizes patented multi-layer electrode architectures that enhance battery performance by significantly improving charging rates and power output while maintaining service life. This technology addresses the traditional trade-off between energy density and power, allowing for faster charging and higher power generation. EnPower aims to license its scalable technology to automotive original equipment manufacturers and global cell manufacturers, facilitating rapid commercialization in the growing electric vehicle market. The company operates a pilot manufacturing facility capable of producing stacked pouch cells, supporting rapid prototyping and development of advanced battery solutions.
eSpin Technologies
Grant in 2024
eSpin Technologies, Inc.was founded with the mission to develop the technology to commercially manufacture nanofibers and nanofiber-based products. Functioning as a self-funded Advanced Research Facility, eSpin has teamed up with several Federal Agencies and Industrial Partners to develop unique solutions for filtration and environmental remediation, functional textiles, and advanced materials. eSpin works with its Partners to enhance existing, as well as develop new-to-the world products by customized application of nanofibers to meet the current and future needs of the Customer. Today, eSpin has emerged as a global leader in nanofiber technology with commercial manufacturing capabilities and products in the market place. eSpin currently manufactures and markets customized non-woven nanofiber rolls ( nWeb™) for filtration and functional textiles. They have also launched high performance nanofiber-based Air Filters ( exceed ® with nanofibers ) for commercial, industrial, and residential customers requiring superior sub-micron particle filtration. For more information please contact us.
Epower Technology
Grant in 2024
Epower Technology develops high-power-density solid-state converters using sophisticated Gallium Nitride (GaN) and Silicon Carbide (SiC) devices.
Noria Energy
Grant in 2024
Noria Energy, founded in 2018, specializes in designing and developing solar photovoltaic projects primarily for wastewater treatment plants, as well as commercial, industrial, and hydroelectric power plant clients. The company has successfully constructed over 1GW of solar capacity and currently boasts a project pipeline exceeding 200MW, which is anticipated to grow rapidly. Noria offers both floating and traditional ground-mount solar solutions, enabling customers to utilize solar power directly without relying on utility companies. These behind-the-meter projects help clients reduce energy costs, take advantage of renewable energy incentives, and achieve their clean energy objectives while providing protection against grid disruptions.
T2M Global
Grant in 2024
T2M Global is a consulting firm offering strategic guidance to advanced energy companies in the transformation of underutilized resources into efficient energy. The company provides a comprehensive suite of services, covering technology development, technology commercialization, strategic advisory, business development, and technology evaluation.
Advent Diamond
Grant in 2024
Advent Diamond specializes in the development and manufacturing of advanced semiconductor materials and components tailored for applications in telecommunications, power, quantum technologies, and sophisticated sensors. The company focuses on producing semiconducting diamond components by utilizing cleanroom processing, lithography, and surface modification techniques. In addition to its core offerings, Advent Diamond is engaged in creating innovative radiation detectors designed for the defense, commercial, and scientific sectors. Through its cutting-edge technology and expertise, the company aims to support various industries by enhancing their capabilities and fostering innovation.
Creekside Environmental Products
Grant in 2024
Creekside Environmental Products specializes in the manufacture of environmentally friendly solutions for a range of industries, such as food, beverage, and personal care. The company's offerings include products designed for applications like water quality monitoring, soil testing, and air pollution analysis. By providing these tools, Creekside Environmental Products aids businesses in minimizing their environmental impact, supporting sustainability efforts across various sectors.
Parthian Energy
Grant in 2024
Parthian Energy is a company focused on the development and commercialization of advanced battery technologies. It specializes in creating novel solutions, including an electromagnetic-based battery screening sensor designed to enhance the efficiency and effectiveness of battery systems. This innovative technology addresses critical global challenges such as clean energy storage and the electrification of transportation. By improving battery performance and enabling unique applications, Parthian Energy aims to reduce costs and contribute to environmental sustainability.
Mattiq
Grant in 2024
Mattiq is a sustainable materials design and development company that operates a transformative platform aimed at decarbonizing essential building blocks for various industries. By integrating materials science, chemistry, and artificial intelligence, Mattiq creates innovative solutions that support the circular economy. This approach helps businesses decrease their dependence on fossil fuels, reduce waste, and develop more sustainable products and processes, ultimately contributing to a greener future.
Triton Anchor
Grant in 2024
Triton Anchor specializes in subsea technology aimed at improving anchor systems for offshore applications. The company provides innovative anchoring solutions, including catenary and tension leg configurations, suitable for various soil types. Triton Anchor's technology focuses on delivering efficient and cost-effective anchoring station-keeping services, offering a low-weight, modular system that can be silently installed. This versatility allows clients in the offshore wind industry to optimize their anchoring solutions, enhancing performance while reducing costs.
Simonpietri Enterprises
Grant in 2024
Simonpietri Enterprises is a technology and business consulting firm that serves prominent clients in the transportation, fuel waste management, and defense sectors. The company specializes in converting locally sourced organic waste streams into organic fertilizer and renewable energy, empowering businesses in the energy and waste industries.
Resilient Power Systems
Grant in 2024
Resilient Power Systems provides power converters such as DCFC supercharging stations in a box and renewable H2 energy power converters. The company is developing products to accelerate the deployment of EV charging systems everywhere, they deliver packages to customers, and its technology has the potential to change the delivery of packages. Resilient Power's commercial applications provide EV charger-to-grid technology that is radically efficient. When it comes to municipal, residential development, retail, hospitality, or other applications where time and space are limited, Resilient's line of advanced, solid-state power stations is the answer. Its ultra-compact EV charging depots connect directly to the existing distribution grid, allowing clients to build EV fleets and public charging stations in days rather than months, reducing costly and disruptive site construction. When Resilient's line of high-voltage power electronics is added to the electric power grid, it improves grid efficiency and reliability.
Delphire
Grant in 2024
Delphire is a fire-tech company focused on mitigating the impact of wildfires caused by powerlines. The company has developed a surveillance system for real-time monitoring of powerlines, utilizing a combination of computer vision and artificial intelligence to detect wildfires promptly. This technology not only identifies fires as they begin but also collects data on ignition sources, aiding clients in fire prevention efforts. By automating the inspection of powerlines frequently and cost-effectively, Delphire aims to minimize damages, reduce power disruptions, and lower CO2 emissions associated with wildfires.
Ion Power
Grant in 2024
Ion Power is a pioneer in the application of Nafion™ technology for various electrochemical applications.
InnoSense
Grant in 2024
InnoSense is a research and development organization specializing in sensors, materials, coatings, renewable energy, and medical diagnostic devices and therapeutic agents. The company serves various industries, including defense, aerospace, energy, health care, and industrial markets, offering innovative solutions tailored to the specific needs of these sectors. Through its focus on advanced engineering and technology, InnoSense aims to develop cutting-edge products that address key challenges and enhance operational efficiency in diverse applications.
CalWave
Grant in 2024
CalWave focuses on developing innovative ocean wave technologies to provide reliable and cost-effective renewable energy solutions. Its proprietary wave energy converter operates fully submerged, ensuring high performance and durability in extreme weather conditions. By harnessing the energy of ocean waves, CalWave's technology converts this energy into electricity and freshwater. Given the consistent and predictable nature of wave power, it has the potential to meet 20-30% of global energy demand. CalWave aims to significantly reduce greenhouse gas emissions, targeting a displacement of 500 million tons annually by 2050. This technology could potentially power over 100 million homes in the United States, contributing to a more sustainable energy landscape.
WeNeW Carbology
Grant in 2024
WeNeW Carbology produces diesel sustainably, with zero net greenhouse gas emissions.
Ndustrial
Grant in 2024
Ndustrial specializes in providing analytical engines and an industrial optimization platform tailored for mid-tier manufacturers and energy companies. Their solutions focus on enhancing production control, improving energy efficiency, and minimizing waste, which enables organizations to optimize operations and reduce costs. The company employs a proprietary industrial operating system that integrates legacy data and facilitates the deployment of new Industrial IoT assets. Additionally, Ndustrial offers real-time cloud-based applications designed for factories and industrial facilities, utilizing predictive control algorithms to support efficient resource management across various sectors.
Aspen Aerogels
Grant in 2024
Aspen Aerogels, Inc. specializes in the design, development, manufacturing, and sale of high-performance aerogel insulation products targeted primarily at the energy infrastructure and building materials markets. The company’s offerings include a range of products such as Pyrogel XTE, which mitigates corrosion under insulation in energy systems, and Cryogel Z, designed for cryogenic applications. These products are notably more effective than traditional insulation materials, providing superior thermal performance with reduced weight and thickness. Aspen Aerogels also extends its expertise through contract research services for various U.S. government agencies, including the Department of Defense and the Department of Energy. Founded in 2001 and headquartered in Northborough, Massachusetts, the company has established a global presence, focusing on innovation within its core markets.
Form Energy
Grant in 2024
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.
The Appalachian Regional Clean Hydrogen Hub
Grant in 2024
ARCH2 is supported by labor unions, environmental non-profits, and community partners, and has a highly skilled energy staff. In the many communities in Northern Appalachia that rely heavily on coal and fossil fuels, ARCH2 will create jobs in the renewable energy sector.
VEIR
Grant in 2024
VEIR is focused on advancing electricity transmission through the development of high-temperature superconductors and innovative cooling solutions. The company has created a passive evaporative cryogenic cooling technology that significantly enhances cooling efficiency, delivering 20 times more cooling power per kilogram of nitrogen flow compared to traditional mechanical subcooling methods. By utilizing commercial superconducting tape, VEIR's technology facilitates power delivery at transmission levels over distribution-scale infrastructure without resistive losses. This approach allows clients to streamline permitting processes and create economically viable electric transmission lines, thereby addressing the challenges associated with cooling high-temperature superconductors.
Granular Energy
Grant in 2024
Granular Energy operates a clean energy marketplace system that facilitates the management and trading of clean energy. The platform provides a comprehensive suite of features, including certificate management, an assessment tool, registry onboarding, and portfolio and risk management. Additionally, it offers carbon accounting and compliance tools designed to support utilities, energy consumers, and generators in effectively sourcing clean energy. Through these services, Granular Energy enables businesses to navigate the complexities of the energy market and generate new price signals, positioning itself as a forward-looking solution in the clean energy sector.
GridBeyond
Grant in 2024
GridBeyond Limited specializes in smart grid optimization solutions that utilize artificial intelligence to support a transition to a zero-carbon future. The company's platform integrates on-site hardware, cloud-based software, and a hybrid battery and demand network, enabling the automation and control of energy demand through machine learning technology. GridBeyond serves a diverse range of sectors, including industrial, manufacturing, and logistics, by connecting distributed energy resources with electricity markets. This approach allows customers to access utility-scale renewable generation and battery storage, thus maximizing efficiency and enhancing grid performance. Founded in 2007 and headquartered in Watford, United Kingdom, GridBeyond also has offices in Dublin, Cork, and Houston.
Bedrock Energy
Grant in 2024
Bedrock Energy focuses on advancing geothermal heating and cooling solutions through the development of autonomous drilling technology and sophisticated subsurface simulation software. By enhancing these technologies, the company aims to make geothermal installations more widespread, affordable, and accessible, thereby transforming the heating and cooling landscape for buildings. This innovative approach not only seeks to reduce costs in the construction industry but also promotes sustainability and environmental responsibility.
RookStack
Grant in 2024
RookStack Mission is to identify the optimal residential heating and cooling equipment for efficiency, cost and grid impact.
Advanced Grid Technologies
Grant in 2024
Advanced Grid Technologies is Extending Distribution Transformer Lifetime and Reliability.
Frontier Energy
Grant in 2024
Frontier Energy is a consulting company that involves in energy solutions and energy efficiency for the real estate sector. They offer consulting services for industrial energy efficiency, electric vehicles, decarbonization, hydrogen and fuel cells, direct installation, incentive programs, codes and standards, commercial food service energy efficiency, building energy efficiency, appliance performance testing, alternative transportation, zero net energy consulting, foodservice energy efficiency training, program development and implementation, software development, community outreach, and industrial energy efficiency.
ExSorbtion
Grant in 2024
ExSorbtion specializes in Direct Lithium Extraction (DLE) technology, focusing on the extraction of lithium from oilfield and geothermal brines as well as salars. The company aims to offer innovative and cost-effective solutions that enable the efficient extraction of lithium, a critical component in energy storage materials. By developing these distinct extraction methods, ExSorbtion seeks to provide valuable resources to its partners and customers, supporting the growing demand for lithium in various applications.
IT Asset Partners
Grant in 2024
IT Asset Partners specializes in electronic asset management and IT asset disposition, focusing on data destruction, component recycling, and environmental recycling services. The company serves original equipment manufacturers, retailers, and distributors by offering a hybrid recycling model that facilitates the reintegration of generic parts and components into support systems. This approach enhances asset value recovery, enabling clients to achieve a higher monetary return on their retired IT assets. Through its comprehensive services, IT Asset Partners addresses the growing need for sustainable and responsible management of electronic waste while ensuring compliance with industry standards.
Commonwealth Fusion Systems
Grant in 2024
Commonwealth Fusion Systems LLC is a research and development company focused on advancing fusion energy technology to provide an inexhaustible power source. Established in 2017 and based in Cambridge, Massachusetts, the company utilizes rare-earth barium copper oxide superconductor technology to create fusion energy systems. Commonwealth Fusion Systems was spun out of the Massachusetts Institute of Technology (MIT) and collaborates with MIT’s Plasma Science and Fusion Center to leverage decades of government-funded fusion research. By integrating established physics with innovative magnet technology, the company aims to accelerate the commercialization of fusion energy, positioning itself as a key player in the transition to clean and renewable energy sources while addressing climate change challenges.
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