Veloce Energy (Accelerator)

Company Description: The existing utility grid is old, inflexible, and expensive to upgrade. Upgrade design and implementation cycles are long relative to other construction. This situation is aggravated as more electrification is required. The distribution grid must be upgraded to allow broad electrification, but traditional methods are too slow and expensive, and do not address increased weather, cyber, and physical threats. Veloce Energy creates modular, flexible, intelligent, compact distributed energy storage (VPort), overhead power and communications systems (FastConnect), and intelligent project automation and site control products (ARGOS) to enable the electrification by removing the physical and financial barriers to increased grid power supply. Their systems reduce cost and time for deployment, and reduces OPEX, while supporting broader use cases. The systems also can be deployed in multiple markets including EV charging stations (all uses), C&I and solar storage, and non-wires alternative utility grid upgrades. The system eliminates most of the digging and the modular design allows digitization and cost reduction throughout site selection, engineering, permitting and construction. The systems are easily expandable after installation, and are removeable / redeployable.