Atrex Energy Awarded $3.1M Contract from US Department of Energy

Sep 26, 2016

Atrex Energy Awarded $3.1 Million Contract by US Department of Energy to Develop Advanced Clean Power Generator

Major Step Forward to Provide Alternative to Small Engine-Generators

WALPOLE, Mass.--()--Atrex Energy, Inc., a leading innovator in advanced, clean, small power generators, announced today it received a substantial new award from the US Department of Energy to develop a unit more than triple the output of the largest one the Company now offers. The objective of this latest $3.1 million contract is to design, build and test a prototype 5 kilowatt power generator based on the Atrex Energy oxygen fuel cell. It will also incorporate the latest advances in higher power density, lower operating temperature, and the ability of the cell itself to operate as a battery storage device to better respond to transient load changes.

“Customers have been begging us to bring out a larger product of exactly this size and based on what they have told us, there is huge potential market for this new product, the only one of this type in this size range”

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"This is truly a game-changing technology that will offer high-efficiency, clean, and economical technology to replace much dirtier and costlier small engines in remote, off-grid markets," said Ken Pearson, COO.

"Customers have been begging us to bring out a larger product of exactly this size and based on what they have told us, there is huge potential market for this new product, the only one of this type in this size range," added Gary Simon, President and CEO.

The Atrex Energy commercial fuel cell-based, low-carbon power generators run on conventional and renewable fuels, and do not require hydrogen. Atrex Energy units are increasingly being recognized as the most cost effective, clean solution to provide power in remote areas, with over 400 units delivered to more than 50 well-known customers across North America. The Atrex Energy products are the result of 15 years of research and product development in Massachusetts.

About Atrex Energy

Atrex Energy provides a variety of power generation products based on a unique tubular solid oxide fuel cell technology which operates on conventional natural gas and propane at high efficiency. No hydrogen is required. The Atrex Energy systems provide clients with money-saving, smart and reliable solutions for power needs. The Company expects to double its workforce in the coming years as sales grow. Atrex Energy is located at 19 Walpole Park South in Walpole, MA 02081. More information can be found at http://www.atrexenergy.com.

For more information on this recent achievement, contact Michael Gagnon, VP Sales and Marketing, at mike.gagnon@atrexenergy.com or 781-461-8251 x 403.

Contacts

Atrex Energy, Inc.
Michael Gagnon, 781-461-8251 x 403
mike.gagnon@atrexenergy.com

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