• TechCrunch
• CrunchBase
• More
  • TechCrunch UK
  • TechCrunch France
  • TechCrunch Japan

Beacon Power

edit

Beacon Power Corporation designs, develops, and commercializes advanced products and services to support stable and reliable electricity grid operation in North America. The company primarily focuses on commercializing its patented flywheel energy storage technology for storing and transmitting kinetic energy. It provides Smart Energy Matrix, a non-polluting, megawatt-level, and utility-grade flywheel-based energy storage system that provides sustainable frequency regulation services. The company’s energy storage and power conversion solutions provide electric power for the utility, renewable energy, and distributed generation markets. Beacon Power Corporation was founded in 1997 and is headquartered in Tyngsboro, Massachusetts.

Milestones

edit

• 
  Beacon Power added Matthew L. Lazarewicz as CTO.
  Posted 11/26/09 at 7:29am
• 
  Beacon Power added James M. Spiezio as CFO.
  Posted 11/26/09 at 7:29am
• 
  Beacon Power added F. William Capp as President & CEO.
  Posted 11/26/09 at 7:29am
• 
  Went public with stock symbol NASDAQ:BCON.
  Posted 11/26/09 at 7:30am
• 
  Beacon Power received $24M in Grant funding. (11/25/09)
  Posted 11/26/09 at 7:30am via masshightech.com
• 
  Beacon Power — expects its first commercial plant, located in New York state, to be fully operational by the end of the month (6/1/11)
  Posted 6/2/11 at 6:30am via masshightech.com
• 
  Beacon Power — has reached an agreement to build its first energy storage system for a utility customer (2/28/11)
  Posted 2/28/11 at 8:37am via masshightech.com
• 
  Beacon Power — it began operation of its flywheel energy storage plant in New York state this week, marking the start of commercial revenue for the company (1/25/11)
  Posted 1/25/11 at 7:36am via masshightech.com
• 
  Beacon Power — has earned gross proceeds of $506,000 through the sale of preferred stock, in connection with a public offering initiated in December (1/17/11)
  Posted 1/17/11 at 8:24am via masshightech.com
• 
  Beacon Power — expects to raise gross proceeds of up to $15 million from a public offering of a newly-designated Series B convertible preferred stock (12/22/10)
  Posted 12/22/10 at 7:09am via masshightech.com
• 
  Beacon Power — has received a patent for technology the company says allows on-site power generation resources to continue operating in the event of a grid failure (11/9/10)
  Posted 11/10/10 at 4:08am via masshightech.com

Videos

Screenshots

edit

Above: Home Page
Uploaded: 11/26/09

Stock Price

Sources

1. Beacon Power lands $24M for flywheel construction (masshightech.com) [edit]
2. Beacon Power patent covers 'smart grid' tech (masshightech.com) [edit]
3. Beacon Power plans on $15M stock offering (masshightech.com) [edit]
4. Beacon Power banks $500K in stock sale (masshightech.com) [edit]
5. Beacon Power plant sparks first commercial revenue stream (masshightech.com) [edit]
6. Beacon Power plans energy storage system for utility (masshightech.com) [edit]
7. Beacon Power eyes full N.Y. plant operations in June (masshightech.com) [edit]