PASSION FOR ENERGY TECHNOLOGY PROPELS US
In 2010, after six years of collaborative research at MIT, FastCAP began work under a multimillion-dollar grant from the DOE ARPA-E to develop its novel ultracapacitor technology for electrified drivetrain vehicles. The company was honored to be awarded another grant from the DOE Geothermal Technologies Program in 2011 to develop a cutting-edge power system for geothermal energy exploration. In 2014, FastCAP deployed its first commercial products in Energy Exploration and formed three new subsidiaries to meet the expanding draw for its technology.
FORWARD WE GO
After only two years of development under its ARPA-E program, FastCAP had broken four performance records related to the power and energy density of its cells. FastCAP has gone on to achieve an additional world record related to its work in geothermal energy system development. These breakthrough performance characteristics have laid the foundation for FastCAP's unique product solutions across the energy spectrum, from vehicles to energy exploration and consumer electronics.