Prime mover

HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER

Retrieved on: 
Tuesday, March 12, 2024
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BOLINGBROOK, Ill., March 12, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.

Key Points: 
  • Developed Fuel Cell Technology Offers Smaller, Lighter, More Fuel-Efficient Option for Global Applications
    BOLINGBROOK, Ill., March 12, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.
  • The single stack 200kW fuel cell system for the Prime Mover was manufactured at Hyzon's U.S. production facility in Bolingbrook, Illinois.
  • Reaching 200kW fuel cell power typically requires two smaller units, but Hyzon has engineered a single stack 200kW fuel cell system that is 30% lower in weight and volume and estimated to be 25% lower in total fuel cell system cost compared to two of its 110kW fuel cell systems combined.
  • Speaking at the event, Hyzon Chief Technical Officer (CTO) Dr. Christian Mohrdieck addressed the unique design elements of the Hyzon fuel cell and fuel cell system.

HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER

Retrieved on: 
Tuesday, March 12, 2024
Membrane electrode assembly, ACE, The Prime Mover, Partnership, Knowledge, Accreditation, Kangan Institute, Transport, Software, FCEV, Hydrogen, Heart, Prime mover, MEA, Engineering, Mining, Rail transport

BOLINGBROOK, Ill., March 11, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.

Key Points: 
  • Developed Fuel Cell Technology Offers Smaller, Lighter, More Fuel-Efficient Option for Global Applications
    BOLINGBROOK, Ill., March 11, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.
  • The single stack 200kW fuel cell system for the Prime Mover was manufactured at Hyzon's U.S. production facility in Bolingbrook, Illinois.
  • Reaching 200kW fuel cell power typically requires two smaller units, but Hyzon has engineered a single stack 200kW fuel cell system that is 30% lower in weight and volume and estimated to be 25% lower in total fuel cell system cost compared to two of its 110kW fuel cell systems combined.
  • Speaking at the event, Hyzon Chief Technical Officer (CTO) Dr. Christian Mohrdieck addressed the unique design elements of the Hyzon fuel cell and fuel cell system.

Prime Movers Lab Raises $245 Million Early-Stage Fund to Advance Breakthrough Science Startups

Retrieved on: 
Wednesday, July 26, 2023
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The firm's other funds, Prime Movers Lab Fund I (a $100 million fund), Prime Movers Lab Fund II, (a $245 million fund), and Prime Movers Lab Early-Growth Fund (a $500 million fund) have invested in breakout companies like fixed wireless technology provider Tarana Wireless , supersonic aircraft developer Boom Supersonic , commercial spaceflight pioneer Axiom Space , and sustainable satellite network creator E-Space .

Key Points: 
  • The firm's other funds, Prime Movers Lab Fund I (a $100 million fund), Prime Movers Lab Fund II, (a $245 million fund), and Prime Movers Lab Early-Growth Fund (a $500 million fund) have invested in breakout companies like fixed wireless technology provider Tarana Wireless , supersonic aircraft developer Boom Supersonic , commercial spaceflight pioneer Axiom Space , and sustainable satellite network creator E-Space .
  • With Prime Movers Lab Fund III, we are focused on partnering with early-stage founders who are building must-have solutions for the world's biggest problems," said Prime Movers Lab Founder and General Partner Dakin Sloss.
  • Prime Movers Lab's access to high-quality deal flow, particularly with serial entrepreneurs, positions the firm well among breakthrough science venture firms.
  • "I've never seen another venture capital fund roll up their sleeves to help a founder raise capital like Prime Movers Lab."

Prime Movers Lab Named to Inc.'s 2022 List of Founder-Friendly Investors

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Wednesday, October 5, 2022
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JACKSON, Wyo., Oct. 5, 2022 /PRNewswire/ -- Inc. Magazine named venture capital firm Prime Movers Lab to its fourth annual Founder-Friendly Investors list, honoring the private equity and venture capital firms with the best track records of success backing entrepreneurs.

Key Points: 
  • Inc. recognized Prime Movers Lab for its successful track record of remaining deeply supportive of the businesses it invests in.
  • Prime Movers Lab recently announced raising $500 million for its first early growth fund, bringing the firm's total assets under management to more than $1 billion.
  • "Dakin and Prime Movers Lab are a very different kind of investor than any I have had in the past 30 years.
  • Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives.

Venus Aerospace Raises $20 Million In Series A Funding Led By Prime Movers Lab

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Tuesday, April 5, 2022
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HOUSTON, April 5, 2022 /PRNewswire/ -- Venus Aerospace, a startup developing hypersonic aircraft, raised a $20 million Series A funding round led by Prime Movers Lab, which invests in breakthrough scientific companies that reinvent and transform the way we live and operate.

Key Points: 
  • HOUSTON, April 5, 2022 /PRNewswire/ -- Venus Aerospace, a startup developing hypersonic aircraft, raised a $20 million Series A funding round led by Prime Movers Lab, which invests in breakthrough scientific companies that reinvent and transform the way we live and operate.
  • Venus has a dedicated and experienced team of aerospace, military and research and development veterans who are pushing the boundaries of high-speed transportation.
  • With this round, Venus has raised $33M in total funding, including $1 million of non-dilutive government funding.
  • Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives.

Tarana Wireless Raises $170M, Leads New Approach to Fiber-Class Broadband

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Wednesday, March 23, 2022
Software, Mobile, Wireless, Networks, Professional Services, Internet, Electronic Design Automation, Data Management, Technology, Semiconductor, Engineering, Finance, Other Technology, Manufacturing, Robotics, Economics, 3D printing, Digital divide, Sun Microsystems, Invention, Vinod Khosla, Investment, Nano, I Squared Capital, 3D, Resound, Growth, Transport, Longevity, General partnership, Wireless, BT, Research, Redzone, Capital, Radio, CEO, Health, DSL, Â, Electricity, Artificial intelligence, Prime mover, Application-specific integrated circuit, Technology, Industry, Barclays, Traction, Khosla Ventures, FWA, Founder, Internet, AI, Mobile phone, Security (finance), Cable television, Internet service provider, Renewable energy, MTN, G1, TARANA, AXON CAPITAL, KHOSLA VENTURES, PRIME MOVERS LAB

Tarana Wireless, Inc., whose mission is to accelerate the broadband industrys efforts to close the worlds persistent digital divide, announced reaching two major milestones this month.

Key Points: 
  • Tarana Wireless, Inc., whose mission is to accelerate the broadband industrys efforts to close the worlds persistent digital divide, announced reaching two major milestones this month.
  • The key ingredient driving our rapid expansion is overwhelming customer demand for G1, the worlds most advanced fixed wireless access (FWA) platform, noted Tarana CEO Basil Alwan.
  • Other options include sub-par DSL and prior generations of fixed wireless access that require line-of-sight to achieve reasonable speeds.
  • Tarana Wireless, Inc. is the industrys performance leader and new category creator in next-generation fixed wireless access (ngFWA).

Diamond Age Raises $50 Million Series A Round to Advance Robotic Home Construction System and Go To Market

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Thursday, March 10, 2022
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Diamond Age is building a suite of 26 end-of-arm robotic tools to offset 55% of the manual labor required to build a new home, reducing the construction cycle time from about 9 months to 30 days.

Key Points: 
  • Diamond Age is building a suite of 26 end-of-arm robotic tools to offset 55% of the manual labor required to build a new home, reducing the construction cycle time from about 9 months to 30 days.
  • These efficiencies could dramatically reduce the almost 7 million single-family home shortage that currently exists in the U.S. housing market.
  • Diamond Age delivered its first scaled version of its system as well as a full scale 3-bed, 2-bath house in 11 months 4 months ahead of schedule.
  • Diamond Age will use the funding to continue scaling its robotics platform and execute on its first commercial contract to build homes.

Atom Computing Raises $60M Series B to Build Second-Generation Quantum Computing Systems

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Thursday, January 20, 2022
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Following the completion of their first 100-qubit quantum computing system with world-record 40 second coherence times , Atom Computing will use this new investment to build their second-generation quantum computing systems and commercialize the technology.

Key Points: 
  • Following the completion of their first 100-qubit quantum computing system with world-record 40 second coherence times , Atom Computing will use this new investment to build their second-generation quantum computing systems and commercialize the technology.
  • Atom Computing was fastest to deliver a 100-qubit system; poised to commercialize the technology w/the $60B investment.
  • "Atom Computing designed and built our first-generation machine, Phoenix, in less than two years and our team was the fastest to deliver a 100-qubit system," said Rob Hays, CEO and President, Atom Computing.
  • "We have been tracking this technology closely and believe we have found the right team and approach to scalable quantum computers with Atom Computing."

Iridia Raises $6 Million in Follow-on Equity Funding for Development of Industry’s First DNA-based Memory Chips

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Tuesday, December 14, 2021
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SAN DIEGO, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Iridia™, Inc., a pioneer in DNA-based data storage, today announced that it has closed a follow-on round of $6 million with Prime Movers Lab.   Amy Kruse, General Partner of Prime Movers Lab, will be joining Iridia’s Board of Directors effective immediately. This round is preceded by an oversubscribed $24 million financing, which will facilitate the company’s ability to double its headcount and physical footprint. Proceeds from this follow-on round will fund further validation of the company’s technology and the development of working prototypes.

Key Points: 
  • This round is preceded by an oversubscribed $24 million financing, which will facilitate the companys ability to double its headcount and physical footprint.
  • Proceeds from this follow-on round will fund further validation of the companys technology and the development of working prototypes.
  • This additional funding will enable the company to accelerate development of working prototypes, an important milestone on the path to commercialization and adoption.
  • Headquartered in Carlsbad, CA, Iridia Inc. strategically combines proprietary enzymology and semiconductor technology to revolutionize long-term data storage.

Cognixion Raises $12 Million to Advance Assisted Reality Tech for Millions Affected by Communication Disabilities

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Tuesday, November 16, 2021
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The funding will help Cognixion develop new adaptive interfaces that make the Assisted Reality technology easier to use by everyone.

Key Points: 
  • The funding will help Cognixion develop new adaptive interfaces that make the Assisted Reality technology easier to use by everyone.
  • Cognixion ONE is a closed-loop device that stimulates the visual cortex within the brain and reads its activity while sending control signals back to the AR application.
  • "Cognixion has created a breakthrough human-machine interface that accelerates and enriches human communication and connection," Prime Movers Lab General Partner, Amy Kruse said.
  • Cognixion is an internationally award-winning neuroscience and technology company pioneering the field of Assisted Reality.