US Department of Energy

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.

Maria Robinson

Director of DOE's Grid Deployment Office

Past deals in Europe

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.

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.

Centrus Energy

Grant in 2024
Centrus Energy Corp. supplies nuclear fuel and services primarily for the nuclear power industry, operating in the United States, Japan, Belgium, and other international markets. The company has 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 producing nuclear fuel used in power plants. The Technical Solutions segment offers a range of services, including engineering, design, and manufacturing, catering to both public and private sector clients. Founded in 1998 and headquartered in Bethesda, Maryland, Centrus Energy was previously known as USEC Inc. and rebranded in 2014. The majority of the company's revenue is generated from its LEU segment, reflecting its significant role in the nuclear energy supply chain.

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.

Centrus Energy

Grant in 2024
Centrus Energy Corp. supplies nuclear fuel and services primarily for the nuclear power industry, operating in the United States, Japan, Belgium, and other international markets. The company has 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 producing nuclear fuel used in power plants. The Technical Solutions segment offers a range of services, including engineering, design, and manufacturing, catering to both public and private sector clients. Founded in 1998 and headquartered in Bethesda, Maryland, Centrus Energy was previously known as USEC Inc. and rebranded in 2014. The majority of the company's revenue is generated from its LEU segment, reflecting its significant role in the nuclear energy supply chain.

Siemens

Grant in 2024
Siemens is a global technology conglomerate headquartered in Munich, Germany, with a rich history dating back to 1847. The company specializes in providing advanced technology solutions that empower customers to transform essential industries such as manufacturing, transportation, building automation, and energy management. Siemens focuses on integrating the real and digital worlds, collaborating with various industries and innovators to enhance efficiency and sustainability. Its diverse offerings include vendor finance, working capital finance, project and corporate lending, as well as asset-based lending, primarily in sectors like equipment, technology, energy, infrastructure, mobility, and healthcare. Through its innovation and expertise, Siemens plays a crucial role in shaping the backbone of economies worldwide.

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.

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.

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.

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, Inc., established in 1903, is a prominent global manufacturer of heavyweight motorcycles, specializing in custom, cruiser, and touring models. The company operates through two segments: Motorcycles and Related Products, and Financial Services. The Motorcycles segment designs, manufactures, and sells motorcycles, parts, accessories, and related services through a network of independent dealers and e-commerce channels worldwide. The Financial Services segment offers wholesale and retail financing, including motorcycle loans, insurance, and protection plans, primarily for Harley-Davidson products. The company's captive finance arm, Harley-Davidson Financial Services, Inc., supports dealers and customers with financing and insurance services. Harley-Davidson is renowned for its iconic brand and held a market share of approximately 38% in the domestic heavyweight motorcycle market in 2023.

Plug Power

Post 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.

Heidelberg Materials

Grant in 2024
Heidelberg Materials is one of the world's largest building material manufacturers, specializing in the production of cement, ready-mixed concrete, and aggregates. With operations in 60 countries, the company plays a crucial role in constructing houses, infrastructure, and commercial facilities. The majority of its revenue and profits are derived from the sale of cement and aggregates, with North America being its largest market, contributing 29% of EBITDA, followed by Western and Southern Europe at 21%. Employing approximately 55,000 individuals, Heidelberg Materials is a significant player in the global construction industry.

SSAB

Grant in 2024
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.

O-I Glass

Grant in 2024
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.

The Chemours

Grant in 2024
The Chemours Company is a global leader in performance chemicals, operating across North America, Europe, the Asia Pacific, Africa, the Middle East, and Latin America. Founded in 2014 and headquartered in Wilmington, Delaware, Chemours operates through three segments: Fluoroproducts, Chemical Solutions, and Titanium Technologies. The Fluoroproducts segment produces a range of fluorochemicals, including refrigerants and specialty coatings, while the Chemical Solutions segment supplies industrial and specialty chemicals for various industries such as mining and electronics. The Titanium Technologies segment, which generates the majority of the company's revenue, manufactures titanium dioxide pigments used in coatings, plastics, and packaging. Chemours is dedicated to providing innovative, chemistry-based solutions that enhance product performance and sustainability across diverse applications.

Nuvera Fuel Cells

Grant in 2024
Nuvera Fuel Cells, LLC specializes in manufacturing heavy-duty, zero-emissions engines tailored for mobility applications. The company operates facilities in both the United States and Europe, focusing on clean and efficient fuel cell technology. Nuvera's products serve a diverse range of markets, including on- and off-road vehicles, industrial equipment, port and maritime applications, as well as stationary and portable power solutions. By addressing the demanding requirements of these sectors, Nuvera enables its clients to meet global commercial standards for sustainability and efficiency.

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.

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.

Ballard Power Systems

Grant in 2024
Ballard Power Systems Inc. specializes in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers a diverse range of solutions, including heavy-duty fuel cell modules, backup power systems, and products for material handling and unmanned aerial vehicles (UAVs). Ballard operates in three primary segments: Power Generation, which focuses on backup power and residential cogeneration; Automotive, providing fuel-cell solutions for vehicles; and Material Products, which includes carbon fiber and gas diffusion layers for fuel cells. The company's markets span various sectors, including transit buses, automotive, rail, and critical infrastructure, with significant operations in the United States, Europe, and China. Founded in 1979 and headquartered in Burnaby, Canada, Ballard Power Systems is recognized as a leader in the fuel cell industry.

Infleqtion

Grant in 2024
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.

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.

National Grid

Grant in 2023
National Grid is a multinational electricity and gas utility company, headquartered in London, UK. It owns, operates, and maintains high-pressure gas transmission networks in Great Britain, spanning approximately 7,630 kilometers, and provides associated services such as gas metering and liquefied natural gas storage. Additionally, it facilitates electricity and gas transmission systems, serving millions of customers through regulated utility businesses in the UK and US. National Grid is committed to delivering safe, reliable, and efficient energy, while also investing in innovative technologies to reduce greenhouse gas emissions and transition to cleaner, smarter energy systems.

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.

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.

BladeRunner Energy

Grant in 2023
BladeRunner Energy B.V., founded in 2014 and based in Arnhem, the Netherlands, specializes in developing sustainable energy solutions for emerging markets and remote regions. The company has created a scalable micro-hydro technology called BladeRunner, which features a proprietary rotor and a flexible power takeoff configuration. This innovative design allows the generator and power electronics to be positioned above the water, enhancing operational efficiency and resilience. By harnessing renewable energy from the natural flow of water, BladeRunner Energy aims to facilitate a transition towards sustainable power generation, improve energy access, and promote environmental accountability within communities.

Veritone

Grant in 2023
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.

Microvast

Grant in 2022
Microvast is a technology company that specializes in the design, development, and manufacturing of lithium-ion battery solutions, particularly for electric vehicles. Founded in 2006 and based in Huzhou, China, the company also has offices in the United States, Europe, the Middle East, and Africa. Microvast is recognized for its advanced cell technology and its ability to integrate the entire production process, from raw materials to final battery assembly. This vertical integration allows the company to offer a range of products, including ultra-fast charging, long-life battery power systems, lithium-ion battery materials, and battery systems for hybrid-electric vehicles, all designed with a focus on safety and performance.

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.

Solvay

Grant in 2022
Solvay is a Belgium-based international chemical company that specializes in the production of basic chemicals, plastics, and composites. Its product offerings include essential chemicals such as soda ash, hydrogen peroxide, and sodium bicarbonate, as well as high-value specialty polymers and aerospace composites. The company operates through several key business segments, including Basic Chemicals, Performance Chemicals, and Corporate. Solvay is recognized for its innovative solutions that address social, environmental, and industrial challenges, with materials designed to withstand demanding conditions in various industries, including aerospace and medical applications. With a balanced geographical presence, the company generates sales from Europe, North America, and Asia, securing a top-three market position for nearly all its products.

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 multinational electricity and gas utility company, headquartered in London, UK. It owns, operates, and maintains high-pressure gas transmission networks in Great Britain, spanning approximately 7,630 kilometers, and provides associated services such as gas metering and liquefied natural gas storage. Additionally, it facilitates electricity and gas transmission systems, serving millions of customers through regulated utility businesses in the UK and US. National Grid is committed to delivering safe, reliable, and efficient energy, while also investing in innovative technologies to reduce greenhouse gas emissions and transition to cleaner, smarter energy systems.

NuScale Power

Grant in 2018
NuScale Power, LLC specializes in the design, manufacturing, and commercialization of pressurized water reactor nuclear power plants, focusing on small modular reactors that operate independently in multi-module configurations. The company’s technology, developed through extensive research and collaboration with U.S. government support, aims to provide safe, scalable, and efficient energy solutions. NuScale's power systems are applicable in various sectors, including electricity generation, district heating, desalination, hydrogen production, and process heat applications. Founded in 2007 and headquartered in Portland, Oregon, NuScale also has offices in several locations across the United States and the United Kingdom. The company maintains a strategic partnership with Sargent & Lundy and operates as a subsidiary of Fluor Enterprises, Inc.

Wolfspeed

Grant in 2013
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 integrated circuit fabrication. The company offers a range of products, including medium current systems like the single wafer VIISta 900XP series, as well as high current and high energy ion implanters such as the VIISta HCS series and VIISta HE. Varian's equipment, including the VIISta PLAD tools, is utilized by semiconductor manufacturers primarily in North America, Europe, Japan, Taiwan, and Korea. Founded in 1999 and headquartered in Gloucester, Massachusetts, Varian plays a significant role in the semiconductor industry, providing critical technology for the production of semiconductor chips.

Siemens

Grant in 2010
Siemens is a global technology conglomerate headquartered in Munich, Germany, with a rich history dating back to 1847. The company specializes in providing advanced technology solutions that empower customers to transform essential industries such as manufacturing, transportation, building automation, and energy management. Siemens focuses on integrating the real and digital worlds, collaborating with various industries and innovators to enhance efficiency and sustainability. Its diverse offerings include vendor finance, working capital finance, project and corporate lending, as well as asset-based lending, primarily in sectors like equipment, technology, energy, infrastructure, mobility, and healthcare. Through its innovation and expertise, Siemens plays a crucial role in shaping the backbone of economies worldwide.

Aptiv

Venture Round in 2008
Aptiv, headquartered in Gillingham, England, is a global technology company specializing in mobility solutions. It offers a range of products and services, including electrical components and systems for vehicles, advanced safety and user experience features, and over-the-air (OTA) software lifecycle and data management services. Aptiv's customer base is diverse, with its top 10 customers accounting for 54% of revenue, none of which are dominant. The company operates in 45 countries, with 14 technical centers and various manufacturing sites and customer support centers. Aptiv's mission is to deliver software capabilities, advanced computing platforms, and networking architecture to enable safer, greener, and more connected mobility solutions.

Nanosolar

Grant in 2007
Nanosolar, Inc. is a manufacturer of solar electricity cells and panels, focusing on cost-efficient solar energy solutions. Founded in 2001 and headquartered in San Jose, California, with additional manufacturing facilities in Berlin, Germany, the company produces products such as the Utility Panel, designed for utility-scale power plants, and SolarPly, a lightweight solar-electric cell foil that can be customized to various sizes. Nanosolar employs a proprietary printing technique for CIGS (Copper, Indium, Gallium, Selenium) solar cells, utilizing nanoparticle inks and an annealing process. This innovative approach reduces reliance on expensive high vacuum deposition equipment, allowing the company to leverage industrial printing and roll-to-roll manufacturing technologies to produce solar-electric foil efficiently and at high speeds.

Plug Power

Grant in 2006
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.
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