What is ARPA-E?
U.S. ARPA-E (Advanced Research Projects Agency – Energy), a branch of the U.S. Energy Department in the U.S., has entrusted the founders of Swiss Battery to develop high-energy and high-power energy-storage devices for electric transportation.
The US Advanced Research Projects Agency-Energy
(ARPA-E) advances high-potential, high-impact energy technologies that are often too early for private-sector investment in the US.
ARPA-E awardees are unique because they are developing entirely new ways to generate energy, store energy, and use energy.
ARPA-E empowers the U.S. energy researchers with funding, technical assistance, and market readiness. Their rigorous program design, highly competitive project selection process, and strict program management ensures thoughtful depletion.
ARPA-E Program Directors serve for limited terms to ensure a constant implementation of fresh thinking and fresh perspectives.
The Impact of ARPA-E
Since 2009, ARPA-E has provided approximately $2.6 billion in R&D funding for more than 1,000 potentially transformational energy technology projects.
ARPA-E recently announced that many of its project teams have continued to advance their technologies: > 100 new companies have formed; >200 have partnered with another government agency; and >150 teams have together raised more than $5 billion in private-sector follow funding to continue to advance their technology toward the market.90