Hyliion specializes in developing innovative solutions for clean, flexible, and affordable electricity production. Headquartered in Austin, Texas, the company focuses on distributed power generators that can operate on various fuel sources to future-proof against changing energy economies. Initially targeting commercial spaces, Hyliion aims to provide practical solutions contributing positively to the environment.
Swift Rails is a transportation company specializing in personalized transit systems. It uses autonomous vehicles for one to four passengers traveling on ultra-light rails, offering energy-efficient and emissions-free travel charged with renewable energy.
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.
Gas Technology Institute
Grant in 2024
Gas Technology Institute is a research, development, and training organization addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future. The company provides economic value to the natural gas industry and energy markets by developing technology-based solutions for industry, government, and consumers.
Its research initiatives address issues impacting the natural gas and energy markets across the industry’s value chain—supply, delivery, and end use. GTI offers an integrated systems perspective to expand the supply of affordable energy, ensure a safe and reliable energy delivery infrastructure, and promote the efficient use of energy resources.
GTI is based in Des Plaines, Illinois, founded in 1941 as a non-profit corporation.
Siemens is a global technology company based in Munich that empowers customers to transform the industry, transportation, buildings, and grids by integrating physical and digital systems. It partners with other companies, industries, and innovators to combine the real and the digital worlds, advancing digitalization, efficiency, and sustainability across core sectors such as energy, mobility, and healthcare.
1PointFive is a company focused on Carbon Capture, Utilization, and Sequestration (CCUS), providing innovative decarbonization solutions aimed at reducing CO₂ emissions and fostering a circular carbon economy. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere. This technology decouples carbon capture from emission sources, making it a vital tool in addressing climate change. By developing and commercializing direct air capture facilities at an industrial scale, 1PointFive aims to facilitate the removal of carbon dioxide from challenging sectors, including long-haul trucking, shipping, and aviation. Through its multi-solution platform, 1PointFive contributes to efforts to curb global temperature increases and promote sustainable practices across various industries.
Region Five Development Commission
Grant in 2024
Region Five Development Commission provides community development, economic development and transportation initiatives.
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.
RockeTruck combines the best vehicle electrification technologies and truck designs to deliver the Worlds most efficient and reliable electric truck.
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.
Blue Bird Corporation
Grant in 2024
Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. Operating through the Bus and Parts segments, it offers Type A, Type C, and Type D buses, including extended warranties, and provides replacement parts. The company supports alternative fuel options with propane, gasoline, compressed natural gas, and electric powered buses. Sales occur through a network of dealers, directly to fleet operators, and to government agencies, complemented by a parts distribution center. Founded in 1927 and headquartered in Macon, Georgia, Blue Bird maintains manufacturing facilities in Georgia and a broad North American service and parts network, with sales in many regions worldwide.
Hyundai Mobis
Grant in 2024
Hyundai Mobis is a leading automotive parts supplier specializing in advanced technology solutions. They develop software and system solutions, manufacturing components such as chassis, cockpit, and front-end modules for various automobile segments.
Saftcart is a manufacturer of cylinder carts, cages, pallets, truck beds, and trailers are based in Clarksdale, Mississippi.
Overseas Shipholding Group
Grant in 2024
Overseas Shipholding Group, Inc. is a prominent provider of energy transportation services, specializing in the transportation of crude oil and petroleum products. The company, founded in 1948 and headquartered in Tampa, Florida, operates a fleet of 24 vessels registered in the United States, totaling approximately 1 million deadweight tons. Its vessels primarily serve independent oil traders, refinery operators, and both U.S. and international government entities. With a focus on maintaining a high-quality, incident-free service, Overseas Shipholding Group has established itself as a preferred cargo carrier for major oil and gas companies and traders globally.
Nuvera Fuel Cells
Grant in 2024
Nuvera Fuel Cells, LLC is a manufacturer specializing in heavy-duty, zero-emissions fuel cell engines designed for mobility applications. The company operates facilities in the United States and Europe, focusing on developing innovative fuel cell technology to serve the fuel cell power and hydrogen supply industry. Nuvera's product offerings include solutions for on- and off-road vehicles, port and maritime applications, as well as stationary and portable power systems. By providing clean and efficient energy solutions, Nuvera enables its clients to meet demanding commercial requirements and environmental mandates in various transportation and industrial sectors.
General Electric
Grant in 2024
Founded in 1892, General Electric is a multinational conglomerate operating in various sectors including power and water, oil and gas, aviation, healthcare, transportation, appliances, and financial services. It offers a wide range of products and services, from jet engines and medical imaging equipment to wind turbines and home appliances. GE is committed to driving progress through its innovative technologies and sustainable practices.
General Electric
Grant in 2024
Founded in 1892, General Electric is a multinational conglomerate operating in various sectors including power and water, oil and gas, aviation, healthcare, transportation, appliances, and financial services. It offers a wide range of products and services, from jet engines and medical imaging equipment to wind turbines and home appliances. GE is committed to driving progress through its innovative technologies and sustainable practices.
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.
Gas Technology Institute
Grant in 2024
Gas Technology Institute is a research, development, and training organization addressing energy and environmental challenges to enable a secure, abundant, and affordable energy future. The company provides economic value to the natural gas industry and energy markets by developing technology-based solutions for industry, government, and consumers.
Its research initiatives address issues impacting the natural gas and energy markets across the industry’s value chain—supply, delivery, and end use. GTI offers an integrated systems perspective to expand the supply of affordable energy, ensure a safe and reliable energy delivery infrastructure, and promote the efficient use of energy resources.
GTI is based in Des Plaines, Illinois, founded in 1941 as a non-profit corporation.
Overseas Shipholding Group
Grant in 2023
Overseas Shipholding Group, Inc. is a prominent provider of energy transportation services, specializing in the transportation of crude oil and petroleum products. The company, founded in 1948 and headquartered in Tampa, Florida, operates a fleet of 24 vessels registered in the United States, totaling approximately 1 million deadweight tons. Its vessels primarily serve independent oil traders, refinery operators, and both U.S. and international government entities. With a focus on maintaining a high-quality, incident-free service, Overseas Shipholding Group has established itself as a preferred cargo carrier for major oil and gas companies and traders globally.
Bullard Center for Environmental and Climate Justice
Grant in 2023
Bullard Center for Environmental and Climate Justice is connecting the dots on environmental, transportation, climate, energy, economic, health and racial justice.
General Electric
Grant in 2023
Founded in 1892, General Electric is a multinational conglomerate operating in various sectors including power and water, oil and gas, aviation, healthcare, transportation, appliances, and financial services. It offers a wide range of products and services, from jet engines and medical imaging equipment to wind turbines and home appliances. GE is committed to driving progress through its innovative technologies and sustainable practices.
Reliable Autonomy
Grant in 2023
Reliable Autonomy develops autonomous driving technology for mobile robots and vehicles. Its platform integrates sensors, perception algorithms, and decision-making systems to ensure reliable and safe navigation across diverse environments, benefiting industries like logistics, manufacturing, and agriculture by automating tasks and enhancing efficiency.
1PointFive is a company focused on Carbon Capture, Utilization, and Sequestration (CCUS), providing innovative decarbonization solutions aimed at reducing CO₂ emissions and fostering a circular carbon economy. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere. This technology decouples carbon capture from emission sources, making it a vital tool in addressing climate change. By developing and commercializing direct air capture facilities at an industrial scale, 1PointFive aims to facilitate the removal of carbon dioxide from challenging sectors, including long-haul trucking, shipping, and aviation. Through its multi-solution platform, 1PointFive contributes to efforts to curb global temperature increases and promote sustainable practices across various industries.
Ford Motor Company
Debt Financing in 2023
Ford Motor Company is a prominent automobile manufacturer based in Dearborn, Michigan, founded by Henry Ford in 1903. The company produces a diverse range of vehicles, including cars, trucks, buses, and tractors, and sells them through dealerships for both retail and fleet customers, including government and rental agencies. In addition to manufacturing, Ford offers various automotive financing products through its subsidiary, Ford Motor Credit Company. These financial services include retail installment sale contracts, direct financing leases for new vehicles, and wholesale loans to dealerships for inventory purchases and facility improvements. Ford also provides insurance products, including coverage for vehicles in transit and extended service contracts. The company is committed to environmental sustainability and has initiated efforts in alternative fuel technologies, including electric and hydrogen-powered vehicles.
Howard Energy Partners
Grant in 2023
Howard Energy Partners is an independent midstream energy company that specializes in the ownership and operation of natural gas gathering and transportation pipelines, natural gas liquids processing plants, rail facilities, liquid storage terminals, and deep-water port facilities. The company operates a comprehensive midstream platform that serves the energy sector, facilitating access to clean, low-cost, and reliable energy. Its assets are primarily located in Texas and Pennsylvania, and the company maintains corporate offices in San Antonio, Houston, and Mexico City. Through its integrated services, Howard Energy Partners plays a crucial role in the energy supply chain, supporting the efficient movement and processing of natural gas and related products.
RockeTruck combines the best vehicle electrification technologies and truck designs to deliver the Worlds most efficient and reliable electric truck.
Simonpietri Enterprises
Grant in 2023
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.
DayLyte Batteries
Grant in 2023
DayLyte Batteries is developing metal-air (M-Air) battery technology to deliver high energy density and reduced weight while lowering costs through abundant materials, solid electrolytes, and optimized air electrodes. The company aims to provide scalable, safe, and manufacturable energy storage that can serve cleantech and mobility markets with low-cost, long-duration solutions, offering alternatives to conventional lithium-ion systems. Its technology targets applications in electric vehicles, drone delivery, and other platforms where increased range and resource efficiency are advantageous.
Simonpietri Enterprises
Grant in 2022
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.
PennDOT is in charge of roadways, urban and rural public transit, airports, trains, ports, and waterways. PennDOT invests more than three-quarters of its annual budget in Pennsylvania's nearly 121,000 miles of state and municipal roadways and 32,000 state and local bridges. PennDOT, which was founded in 1911, is directly responsible for about 40,000 miles of roads and around 25,400 bridges.
General Electric
Grant in 2022
Founded in 1892, General Electric is a multinational conglomerate operating in various sectors including power and water, oil and gas, aviation, healthcare, transportation, appliances, and financial services. It offers a wide range of products and services, from jet engines and medical imaging equipment to wind turbines and home appliances. GE is committed to driving progress through its innovative technologies and sustainable practices.
FR8relay is an Arkansas-based technology company aiming to enhance trucking logistics through innovative routing solutions. It offers automated workflow management and online freight brokerage, connecting shippers with carriers while providing fleet management tools for small to medium-sized trucking companies.
BorgWarner is a global supplier of powertrain technologies and components for automotive manufacturers, including turbo and thermal management systems, drivetrain and powerdrive systems, and battery and charging solutions. The company develops technologies that improve fuel economy, emissions, and vehicle performance, aiming to reduce energy use and increase efficiency. With a worldwide manufacturing footprint, BorgWarner serves a diverse customer base and supports local operations. While historically focused on traditional combustion powertrains, the company is transitioning toward electric vehicle–oriented products and services to align with changing mobility trends. Revenue has been diversified across major automakers, reflecting exposure to key markets and demand for advanced propulsion and thermal solutions.
BorgWarner is a global supplier of powertrain technologies and components for automotive manufacturers, including turbo and thermal management systems, drivetrain and powerdrive systems, and battery and charging solutions. The company develops technologies that improve fuel economy, emissions, and vehicle performance, aiming to reduce energy use and increase efficiency. With a worldwide manufacturing footprint, BorgWarner serves a diverse customer base and supports local operations. While historically focused on traditional combustion powertrains, the company is transitioning toward electric vehicle–oriented products and services to align with changing mobility trends. Revenue has been diversified across major automakers, reflecting exposure to key markets and demand for advanced propulsion and thermal solutions.
American Axle & Manufacturing
Grant in 2021
American Axle & Manufacturing designs, engineers, manufactures, and supplies driveline and drivetrain systems for light trucks, SUVs, passenger cars, crossover vehicles, and commercial vehicles. Its products include axles, chassis modules, driveshafts, power transfer units, transmission parts, and metal-formed products. The company serves customers globally from its headquarters in Detroit, Michigan.
Wright Electric
Grant in 2020
Wright Electric Inc. is a manufacturer of commercial electric airplanes, focusing on reducing costs and emissions in the aviation industry. Founded in 2016 and headquartered in Los Angeles, California, the company utilizes unique propulsion technology to create aircraft that eliminate emissions without relying on offsets. This innovation aims to make zero-emissions flight as economically viable as traditional fossil-fueled aviation, marking a significant step towards the electrification of the aerospace sector and fostering a sustainable future for air travel.
LanzaJet is a company dedicated to producing sustainable aviation fuels (SAF) aimed at reducing the environmental impact of the aviation industry. By utilizing innovative technology, LanzaJet converts non-recyclable waste into low-carbon fuels, providing a viable alternative to traditional fossil fuels. The company's mission aligns with the principles of the circular economy, as it seeks to accelerate the energy transition while enabling airlines to lower their carbon emissions. Through its commitment to cleaner fuel options, LanzaJet plays a significant role in addressing the challenges of greenhouse gas emissions in aviation.
Nikola Motor Company
Grant in 2019
Nikola Motor Company is an electric vehicle manufacturer based in Salt Lake City, Utah, founded in 2014. The company specializes in developing hydrogen fuel cells, battery electric trucks, and associated energy solutions, with the goal of transforming the transportation industry on a global scale. Nikola gained significant attention for its ambition to revolutionize the trucking sector through innovative electric and hydrogen fuel cell technologies. Initially, the company focused on creating zero-emission hydrogen fuel cell trucks designed for long-haul commercial use, with a range of up to 1,200 miles. Additionally, Nikola planned to establish hydrogen refueling infrastructure to support its vehicles, further enhancing its commitment to sustainable transportation solutions.
Blue Bird Corporation
Grant in 2017
Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. Operating through the Bus and Parts segments, it offers Type A, Type C, and Type D buses, including extended warranties, and provides replacement parts. The company supports alternative fuel options with propane, gasoline, compressed natural gas, and electric powered buses. Sales occur through a network of dealers, directly to fleet operators, and to government agencies, complemented by a parts distribution center. Founded in 1927 and headquartered in Macon, Georgia, Blue Bird maintains manufacturing facilities in Georgia and a broad North American service and parts network, with sales in many regions worldwide.
Alstom specializes in power generation, transmission, and rail infrastructure. It manufactures high-speed trains, automated metro systems, and offers turnkey power plant solutions for various energy sources. The company also provides power transmission solutions with a focus on smart grids. Alstom operates globally, employing around 92,000 people across approximately 100 countries.
Siemens is a global technology company based in Munich that empowers customers to transform the industry, transportation, buildings, and grids by integrating physical and digital systems. It partners with other companies, industries, and innovators to combine the real and the digital worlds, advancing digitalization, efficiency, and sustainability across core sectors such as energy, mobility, and healthcare.
Northeastern Vermont Development Association
Northeastern Vermont Development Association supports landuse, transportation, and emergency services. The E & D Transportation Program supports community members through affordable transportation to medical appointments, local adult day centers, senior meal sites, and to access fresh food at the grocery store. The E&D Transportation Program is designed to serve older adults and people with disabilities. Vermont's Department of Labor provides a ready pool of workers through accessible databases. The Apprenticeship Program, serving hundreds of apprentices and employers statewide, helps to bridge the gap between education and employment. The Vermont Training Program provides specialized training on the job and in the classroom.