Breakthrough Energy

Booz Allen Invests in Albedo to Develop Very Low Earth Orbit (VLEO) Satellite Constellation

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星期二, 一月 23, 2024
Hardware, Other Defense, Contracts, Security, Satellite, Government Technology, Photography, Technology, Audio, Video, Defense, Military, Other Technology, Telecommunications, Software, Networks, Mobile, Wireless, Giant, International Space Station, United States Space Force, Investment, VLEO, Y Combinator, Computer security, Agriculture, Intelligence, Booz Allen Hamilton, Federation, Privacy, NASA, Department of Defence, Breakthrough Energy, UAV, LEO, Climate, Engineering, Cypress, Initialized Capital, Communications satellite

Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.

Key Points: 
  • Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Albedo , the first company to operate satellites in very low earth orbit (VLEO), which enables them to offer ultra-high resolution commercial imagery from space.
  • This investment supports Albedo’s operational constellation deployment and is aligned to Booz Allen’s efforts to accelerate U.S. space capabilities with the power of data.
  • “Albedo is revolutionizing the industry by making high-resolution images and imagery-as-a-service more accessible and affordable, both commercially and for the federal government,” said Travis Bales , managing director of Booz Allen Ventures.
  • Previous Booz Allen Ventures investments include Latent AI , Synthetaic , Reveal Technology , Credo AI , Hidden Level , Shift5 , Hidden Layer , and Second Front (2F ).

Albedo Raises $35M to Commercialize Very Low Earth Orbit (VLEO)

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星期二, 一月 23, 2024
Technology, Other Defense, Satellite, Photography, Aerospace, Manufacturing, Audio, Video, Software, Defense, Giant, VLEO, Y Combinator, Multimedia, Climate change, Albedo, Initialized Capital, Data collection, Breakthrough Energy, Surveying

Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.

Key Points: 
  • Albedo , the first company to offer aerial quality imagery from space - enabled by the new orbit frontier of VLEO (very low earth orbit) - today announced a $35M Series A-1 financing round led by Standard Investments , bringing the company’s total funding to $97M.
  • Scene content, such as vehicles present and an operating gas compressor, are examples of possible activity indicators.
  • In addition, Ben Sampson, Managing Director of Standard Investments, will join the Albedo Board of Directors.
  • By rethinking the traditional approach to earth observation satellites, namely developing a stable, agile platform to operate at very low altitudes, Albedo is able to collect data at an exquisite quality with cost-effective, mid-sized satellites.

WHAT PEOPLE ARE SAYING ABOUT THE GRAND OPENING OF LANZAJET FREEDOM PINES FUELS

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星期四, 一月 25, 2024
Carbon, Senior, Aviation, Government, Microsoft, Partnership, Shell, Economics, SAF, IAG, Aviation biofuel, Climate change, Suncor Energy, Ethanol, Breakthrough Energy, Organization, United Nations, Climate, Economic development, Ecology, Inflation, United, Biofuel, ATJ, Renewable energy

SOPERTON, Ga., Jan. 25, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate the grand opening of LanzaJet Freedom Pines Fuels in Soperton, Georgia.

Key Points: 
  • SOPERTON, Ga., Jan. 25, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate the grand opening of LanzaJet Freedom Pines Fuels in Soperton, Georgia.
  • "LanzaJet is serious about urgently meeting the moment to decarbonize aviation and Freedom Pines Fuels is evidence of that.
  • "The opening of LanzaJet Freedom Pines Fuels marks a pivotal moment in our journey towards a cleaner aviation future.
  • "On behalf of everyone at Zeton, we congratulate LanzaJet on this milestone achievement with their Grand Opening Ceremony of the Freedom Pines Fuels plant.

LANZAJET CELEBRATES GRAND OPENING OF FREEDOM PINES FUELS PLANT, THE WORLD'S FIRST ETHANOL TO SUSTAINABLE AVIATION FUEL PRODUCTION FACILITY GOVERNMENT, CORPORATE, AND COMMUNITY

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星期三, 一月 24, 2024
Pacific Northwest National Laboratory, Aviation, ANA, Mitsui & Co., Shell, Suncor Energy, History, All Nippon Airways, PNNL, Government, Economics, SAF, IAG, Carbon, Climate change, Human, Aircraft, Aviation biofuel, Ethanol, Breakthrough Energy, International Airlines Group, Virgin Atlantic, Climate, United Nations, Agriculture, United, Energy, Renewable energy

SOPERTON, Ga., Jan. 24, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world's first ethanol to sustainable aviation fuel (SAF) production facility.

Key Points: 
  • SOPERTON, Ga., Jan. 24, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world's first ethanol to sustainable aviation fuel (SAF) production facility.
  • With its proprietary ethanol to SAF technology, LanzaJet Freedom Pines Fuels serves as a blueprint for utilizing first-of-its-kind innovation to scale SAF production and combat the worsening climate crisis.
  • "LanzaJet Freedom Pines Fuels is proof of the energy transition accelerating in real time," said Jennifer Holmgren, LanzaJet Board Director and Chief Executive of LanzaTech.
  • LanzaJet Freedom Pines Fuels is fully funded and has committed offtake agreements for all fuel produced in the next 10 years.

RedoxBlox Receives $25M to Demonstrate Its Pioneering Long-Duration Thermochemical Energy Storage Technology

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星期四, 一月 11, 2024
Technology, Other Energy, Oil, Gas, Batteries, Nuclear, Public Policy, Government, Environmental Health, Alternative Energy, Energy, Environment, Sustainability, White House, Federal Government, Green Technology, State, Local, BEV, Natural gas, Wind, DOE, Dow, Food, Carbon, Series, Oxygen, Electricity, Partnership, Science, Electric Power Research Institute, University, Climate change mitigation, Breakthrough Energy, Steel, CEC, EPRI, Khosla Ventures, UCSD, Atmosphere, Renewable energy

RedoxBlox , a leader in energy storage solutions, today announced it was awarded $8.9M from the California Energy Commission (CEC) and $6.7M from the U.S. Department of Energy (DOE).

Key Points: 
  • RedoxBlox , a leader in energy storage solutions, today announced it was awarded $8.9M from the California Energy Commission (CEC) and $6.7M from the U.S. Department of Energy (DOE).
  • The company’s innovative high-temperature thermochemical battery boasts energy densities comparable to lithium-ion batteries at a fraction of the cost.
  • “The RedoxBlox TCES technology is a promising discovery in materials science and energy storage technology,” said Carmichael Roberts, BEV.
  • “Paired with renewable energy resources, this technology aims to be cost competitive with natural gas for industrial heat applications.

ACORE Names 2024 Class of New and Returning Board Members

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星期四, 一月 4, 2024
Policy, Government, Multimedia, EDP Renewables North America, Berkshire Hathaway Energy, American Council, Wells Fargo, J. P. Morgan, Chairperson, Avangrid, Breakthrough Energy, Senior, Management

WASHINGTON, Jan. 4, 2024 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE), a national nonprofit that unites finance, policy and technology to accelerate the transition to a renewable energy economy, today announced its new Board class for 2024.

Key Points: 
  • WASHINGTON, Jan. 4, 2024 /PRNewswire-PRWeb/ -- The American Council on Renewable Energy (ACORE), a national nonprofit that unites finance, policy and technology to accelerate the transition to a renewable energy economy, today announced its new Board class for 2024.
  • "We are delighted to kick off the new year by welcoming a terrific class of new and returning members to ACORE's Board of Directors," said ACORE President and CEO Ray Long.
  • "We are delighted to kick off the new year by welcoming a terrific class of new and returning members to ACORE's Board of Directors," said ACORE President and CEO Ray Long.
  • "Congratulations to all of our new ACORE Board members," said Kevin Gresham, ACORE's Board Chair and Senior Vice President of Government Relations & Regulatory Affairs at RWE Clean Energy LLC.

American Airlines Named to Dow Jones Sustainability World Index

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星期一, 十二月 11, 2023
S&P Global, DJSI, APA, Allied Pilots Association, American Airlines, Dow Jones, Human Rights Campaign, Science, Aircraft, Climate change, LTR, Corporate Equality Index, Carbon, Safety, SAF, Breakthrough Energy, Airline

FORT WORTH, Texas, Dec. 11, 2023 (GLOBE NEWSWIRE) -- American Airlines has been named to the Dow Jones Sustainability World Index (DJSI World) for the first time, one of only two passenger airlines included in the Index.

Key Points: 
  • FORT WORTH, Texas, Dec. 11, 2023 (GLOBE NEWSWIRE) -- American Airlines has been named to the Dow Jones Sustainability World Index (DJSI World) for the first time, one of only two passenger airlines included in the Index.
  • American also returns to the Dow Jones Sustainability North America Index (DJSI North America) for the third year in a row.
  • The Dow Jones Sustainability World Index comprises global sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment.
  • It represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria.

Graphyte signs first carbon removal purchase agreement with American Airlines

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星期二, 十一月 28, 2023
Carbon, Photosynthesis, Aircraft, Biomass, Climate change, Carbon dioxide, Aviation, CO2, Breakthrough Energy, Renewable energy

“American is focused on accelerating new low-carbon technologies to reduce aviation’s climate impact,” said Jill Blickstein, Chief Sustainability Officer at American. “Hard to abate industries like aviation will need high-quality, permanent, affordable and scalable carbon credits – including removals -- to achieve our emissions reduction goals. We are excited to work with Graphyte to help them scale their important new technology.”

Key Points: 
  • MEMPHIS, Tenn. and FORT WORTH, Texas, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Graphyte, a carbon removal startup backed by Breakthrough Energy Ventures, today announced that American Airlines will be its inaugural customer, with the purchase of 10,000 tons of permanent carbon removal to be delivered in early 2025.
  • Relative to existing carbon removal approaches, Carbon Casting permanently removes and stores CO2 using significantly less energy and at a substantially lower cost.
  • “This is a landmark agreement for both Graphyte and American Airlines,” said Barclay Rogers, CEO of Graphyte.
  • With its purchase of carbon removal credits from Graphyte, American aims to accelerate and scale the CO2 removal market.

Lynda Tran, Former Senior Advisor to the U.S. Secretary of Transportation, Joins STV's Board of Directors

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星期三, 十二月 20, 2023
Marketing, Oxfam, Porcari, Presidency of Barack Obama, Georgetown University, News, DOT, Black Economic Alliance, United Way, IIJA, STV, University, CBS, COVID-19, Tran, Environmental Defense Fund, P.E, Optimism, Native Hawaiians, Breakthrough Energy, CBS News

Tran joins another long-time public servant, John Porcari, on the STV Board.

Key Points: 
  • Tran joins another long-time public servant, John Porcari, on the STV Board.
  • Tran joins another long-time public servant, John Porcari, on the STV Board.
  • "We are thrilled to have an esteemed industry leader and talented changemaker like Lynda join our Board of Directors," said Greg Kelly, P.E., CEO at STV.
  • in Communications from the University of Pennsylvania and a master's degree in International Policy and Development from Georgetown University.

Fourth Power Secures $19M for Low-Cost Utility-Scale Thermal Energy Storage to Enable a Fully Renewable Grid

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星期二, 十二月 12, 2023
Alternative Energy, Energy, Batteries, Technology, Utilities, Carbon, Record, Research, Climate change, Engineering, MIT, Guinness, Fourth power, BEV, Mining, Wind, Light, Breakthrough Energy, Massachusetts Institute of Technology, Growth, TPV, Electricity, Tin, Georgia Tech, Temperature, Renewable energy, Boston

To meet the growing demand for renewable energy on the grid, Fourth Power has received $19 million in Series A funding to scale its cost-effective groundbreaking thermal battery technology.

Key Points: 
  • To meet the growing demand for renewable energy on the grid, Fourth Power has received $19 million in Series A funding to scale its cost-effective groundbreaking thermal battery technology.
  • Without energy storage, renewable energy sources such as wind and solar must be used when they are generated, making it difficult to end our reliance on fossil fuels while maintaining a reliable energy supply.
  • “We need utility-scale energy storage that can grow with the grid to make this a reality on a global scale.
  • With the support of our investors, Fourth Power will accelerate our mission and reshape the clean energy landscape by making grid-scale thermal battery storage the most cost-effective solution for power production.