Dr. Riccardo Signorelli
"We need to take a more common-sense approach to the energy storage problem, and question why the best we can expect from ‘state of the art’ storage technologies today are expensive, volatile devices that cannot be safely and reliably used in the conditions in which people need to use them — like in vehicles, aeronautics and energy exploration. We should question why scarce, toxic and even precious metals are used in batteries when abundant and cheap alternatives are available. FastCAP’s mission is to challenge the current energy storage paradigm — to make strides in pushing energy storage beyond the status quo into an era of safe, reliable and inexpensive solutions. Consumers should expect nothing less."
Dr. John Cooley
"Continuous innovation is an underlying principle at FastCAP, and one that our engineers live by. Our priority is to create value for our customers by maintaining a culture of innovative excellence. Breakthrough engineering and development requires a tolerance for risk, and we encourage our engineers to try new and completely out-of-the-box solutions. When you aim for transformational outcomes, conservative approaches in the development process simply aren’t an option."
"Small, incremental change is a widespread problem in the energy storage industry. In an industry that celebrates 5% or even 1% performance improvements, it’s no wonder that energy storage technologies are often the weak link in the systems they are designed to power. FastCAP innovates with much broader visions in mind. Our aim is not for 1% or 5% improvements — but for 100% and 1,000%. Cookie-cutter improvements that ‘tinker around the edges’ won’t take energy storage to the next level. You either go big or go home."
"FastCAP has maintained impressive growth during a period when many companies are scaling down. That achievement was enabled by development of unique and breakthrough value propositions for our customers, and by significantly shortening the time typically required to turn a laboratory innovation into a high-impact commercial product. People often ask when I mention my work for an early-stage start-up company, what venture firm we work with or how much money we plan on raising. It’s always fun to see their reaction when I say we are already selling products."
"What really gets me excited is when I see a start-up get off of the ground with a really cutting edge idea - the type of idea that could have a significant global impact in energy or sustainability. It's even more rewarding to be involved in a hands-on way with the entrepreneurs, inventors and innovators who are making these big things happen - and to pass along the experiences and lessons I learned when I was in their shoes. 95% of breakthrough innovations come from small, entrepreneurial companies like FastCAP, and lending a hand in helping those big ideas and innovations develop into a successful commercial deployment has become one of my most passionate hobbies."