Altaeros Energies (Equity Purchase)

Funding Details
Awarder
Greentown
Date Award
June 12, 2024
Vertical
Electricity
Funding URL
View Funding Page

Company Info
Founding Year
2010
Founders
Ben Glass, Adam Rein
Company Description
Altaeros Energies develops airborne wind turbine to produce abundant, low cost, renewable energy. Altaeros spun out of MIT in 2010 on a mission to make the world’s first autonomous aerostat. We released our first autonomous aerostat in 2019 and have now deployed aerostats in the US and around the world with various partners. Our Autonomous Aerostats are powered by Aerostat Autopilot™, the first autonomous control system for tethered aerostats. Learn more: www.altaeros.com
Market
Telecom and Renewable Energy
Location
US

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