Revolutionary Energy Technologies Receive $63.5 Million in Funding from DOE’s SCALEUP Program
The U.S. Department of Energy has announced that it will award $63.5 million to four companies working on innovative energy technologies that are close to being brought to market. This funding is part of the SCALEUP program, which supports companies that have successfully de-risked their technology and are ready to move forward.
Energy Secretary Jennifer Granholm highlighted the importance of these investments in promoting American manufacturing, enhancing national security, and maintaining a competitive edge. The focus of these awards is on advancing energy storage solutions.
In Maryland, Ion Storage Systems will receive a $20 million award to support the production and commercialization of solid-state lithium-metal batteries for electric vehicles. In Massachusetts, AeroShield Materials will receive $14.5 million to establish a pilot manufacturing facility for aerogels that improve the energy efficiency of buildings. Antora Energy in California will use its $14.5 million award to scale up production of thermal battery technology that provides reliable heat and power from renewable energy sources. Finally, Queens Carbon in New Jersey will receive $14.5 million to develop a pilot facility for producing carbon-neutral materials to support decarbonized cement production. These projects are part of the ongoing efforts to accelerate the development and deployment of transformative energy technologies through the SCALEUP program.
