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Posts Tagged ‘GT Solar’

Division of Economic Development Helps SustainX to Grow in NH

Monday, September 19th, 2011

SustainX, a clean-tech company that is changing the way that air energy is stored, has relocated from its Lebanon, New Hampshire facility to a larger, 42,000 square foot building on 72 Stard Road in Seabrook, New Hampshire.

SustainX was founded in 2007 by engineers from the Thayer School of Engineering at Dartmouth College. The company currently employs 24 people and plans to continue hiring over the next six months.  Its patented technology stores utility-scale electrical energy in the form of compressed gas air allowing it to be regenerated on demand. 

“This company is another example of New Hampshire producing some of the best advanced design and manufacturing companies in the world,” said Michael Bergeron, Business Development Manager for the NH Division of Economic Development.  Bergeron assisted the company in its statewide search for new space and ERZ tax credits.  “SustainX had also considered moving to Massachusetts but found New Hampshire to be a much better option both short term and long term,” he said.

“The Seabrook building is a perfect fit and location and New Hampshire is a good place to grow our company,” said Dax Kepshire, co-founder and Vice President of SustainX.

Thomas Zarrella, SustainX President, CEO and Director added, “Seabrook also allows us to attract labor from Boston as well as southern New Hampshire.”  Zarrella, the former president of GT Solar, was hired last spring to lead the company as it continues to grow in New Hampshire.

The three-year-old company is on track to demonstrate its first one-megawatt, grid-connected system in collaboration with AES Energy Storage, LLC under an award from the Energy Storage Program at the U.S. Department of Energy.

Semi-Finalists for NHHTC’s “Product of the Year” Award Announced

Friday, October 22nd, 2010

A panel of judges on behalf of the NH High Technology Council (NHHTC) selected eight semi-finalist companies vying for the opportunity to win the 2010 Product of the Year award. 

high-technologyThe semi-finalist companies are as follows:  Warner Power, Hypertherm, Ektron, JitterJam, GSSI, Skyscan, Travel Brains My Tour Guide, and VGO.

Company representatives will make formal presentations and the judges will select up to five finalists. All finalists will be awarded the Product of the Year Judges’ Award. These Finalist Judges’ Award Winners will pitch their products at the Product of the Year banquet held on November 15th at the Radisson Hotel-Center of NH in Manchester.

 “We had a very strong pool of applicants this year and the judges will be challenged to narrow it down further.  The quality of products coming out of New Hampshire companies right now is very high and we should be excited about the product development capabilities of our technology sector,” said Art Bruinooge, member of the NHHTC Board of Directors and POY event chair.

The event requires audience engagement and participation, as the entire audience casts their vote for their top product after the presentations are made.  The audience vote counts towards 50% of the final tabulation and the initial judge’s vote counts for the remaining 50%. The winner will be announced at the conclusion of the banquet and will earn the prestigious NHHTC Product of the Year crystal trophy, which was designed for the Council by Pepi Hermann. The trophy and the finalist’s winning product will be on display in a highly visible location at the Manchester-Boston Regional Airport.

Companies that have won the Product of the Year award over the past four years were Nanocomp Technologies, UltraVision, Insight Tech Gear, and Holase, Incorporated.  Several prominent organizations are sponsoring this year’s POY event.  They include DYN, FairPoint, Cook, Little, Rosenblatt, Manson PLLC, Sadler Insurance Agency, One Beacon Technology Insurance, GT Solar, Public Service of New Hampshire, Dell and JBC Communications.  Additional sponsorships are available.  For more information and to register, go to www.nhhtc.org.

Winners will be announced next week.