Carnot Compression - California Energy Commission Approves EPC-21-017
Great news from Carnot Compression
We are excited to announce that the California Energy Commission approved EPC-21-017 for $2,028,350 at the CEC's January 26, 2022 Business Meeting.
This non-dilutive funding will accelerate our path to market. Project objectives include:
Perform applied research and development to improve the air-end components of the Carnot Compressor.
Apply the improved air-end components in a fully integrated 15 HP Beta version Carnot Compressor.
Demonstrate the Beta version in a relevant operational environment.
Demonstrate the Carnot Compressor at scaled-down (5 HP) and scaled-up (25 HP) applications in relevant operational environments.
Perform applied research and development on the complete system incorporating lean design techniques to enable a commercially viable product with a competitive manufacturing cost at commercial launch.
Apply the research findings to enable commercializing the Carnot Compressor in the 5-25 HP market.
Apply the research findings to enable scaling the Carnot Compressor to larger HP applications.
We are excited about the funding runway this grant provides us. We have lined up some world-class partners to help us achieve our objectives as well, specifically on the optimization and lean design objectives. Stay tuned for future updates!