Green Car Congress
JUNE 23, 2017
Optimus Ride, a MIT spinoff company developing self-driving technology, recently received approval from the Massachusetts Department of Transportation (MassDOT) to test highly automated vehicles in the Commonwealth of Massachusetts. million co-led by NextView Ventures and FirstMark Capital.
Green Car Congress
JUNE 18, 2022
a developer of high-performance functional materials and nanocomposites, signed a definitive agreement to acquire substantially all of the assets and intellectual property, including 67 issued and 22 pending patents, of Optodot Corporation for an aggregate of $48.5 Meta Materials Inc., million, comprising $3.5
Green Car Congress
JANUARY 28, 2016
The US Department of Energy (DOE) announced the 2016 Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) Phase I Release 1 Awards, including four projects focused on durable and inexpensive polymer electrolyte membranes (PEM) for transportation and stationary fuel cell applications. Earlier post.).
Green Car Congress
JUNE 2, 2016
All products under this new order are expected to be shipped in 2016. This order—the largest in our corporate history—represents an important customer milestone. The purchase order is the largest order in its history and represents follow-on business from the $2.8-million Paul Osenar, President of Protonex.
Green Car Congress
JUNE 29, 2015
Ballard Power Systems signed a definitive agreement to acquire Protonex Technology Corporation, a designer and manufacturer of advanced power management products and portable fuel cell solutions, in a transaction valued at $30 million. million, and paying the balance of approximately $25.6 million through the issuance of 11.2 Profitability.
Green Car Congress
MAY 31, 2012
A123 is required to create 300 jobs no later than 31 December 2016 for the tax credit to be non-refundable. Massachusetts Clean Energy Technology Center. In October 2010, the Company entered into a forgivable loan agreement with Massachusetts Clean Energy Technology Center for $5.0 The tax credit is not to exceed $25.0
Green Car Congress
AUGUST 16, 2012
US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.
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