Skyven Technologies revolutionizes industrial heat with the support of the National Science Foundation

Dallas, TX, January 9, 2018 – Skyven Technologies has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $225,000 to conduct research and development (R&D) work on a game changing zero fuel heat technology.

Skyven's revolutionary distributed energy technology diversifies the way factories produce heat. Skyven’s Intelligent Mirror Array (IMA™) technology saves money, increases reliability and reduces GHG emissions. Instead of relying solely on expensive petroleum products to fuel their boilers, Skyven’s industrial customers capture heat from the sun. Skyven strives to address the heating needs of industrial applications in remote and rural areas and in developing countries. 

 “The National Science Foundation supports small businesses with the most innovative, cutting-edge ideas that have the potential to become great commercial successes and make huge societal impacts,” said Barry Johnson, Director of the NSF’s Division of Industrial Innovation and Partnerships. “We hope that this seed funding will spark solutions to some of the most important challenges of our time across all areas of science and technology.”

“I’m thankful for the recognition of the National Science Foundation,” said Arun Gupta, CEO of Skyven Technologies. “Our technology proves that industrial applications don’t have to rely on fossil fuels to produce heat. NSF supports companies that strive to change the status quo and revolutionize global markets. I’m happy our IMA™ technology has been recognized as transformative and groundbreaking. Skyven will enable zero fuel heating in industrial applications.”

About Skyven:
Skyven is pioneering a distributed energy solution for industrial heating, our patented technology utilizes cutting edge heating techniques to power industrial operations with the sun, save them money and reduce their carbon footprint.

To learn more about Skyven, visit: www.skyven.co

About the National Science Foundation's Small Business Programs:
The National Science Foundation (NSF) awards roughly $200 million annually to startups and small businesses through the Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) program, transforming scientific discovery into products and services with commercial and societal impact.

To learn more about the NSF SBIR/STTR program, visit: www.nsf.gov/SBIR.

Skyven in the final cohort of a nationwide climate economy program

Burlington, VT, December 5, 2017

Skyven Technologies LLC, a Dallas-based renewable energy company specializing in zero-fuel industrial heat, was chosen to the final cohort of Accel-VT, a business accelerator for climate economy entrepreneurs. Accel-VT cohort members were selected based on their ability to help solve one of the most pressing renewable energy development issues facing the US.

The climate economy creates on opportunity to accelerate economic development in the US and globally. The undesirable fact that climate change will have a large effect on the way we all live our lives and how we interact with each other has created an opportunity for innovative entrepreneurs to develop products and services that aim to mitigate the risks and deal with the consequences of climate change.

Accel-VT, run by the Vermont Sustainable Jobs Fund, is a Vermont-sponsored initiative to tap into that opportunity. Eight companies from six states were selected to take part in this Burlington-based clean technology program aimed at expanding the cluster of entrepreneurs committed to climate economy innovation.

“We are happy to be part of this prestigious program that showcases Vermont’s commitment to climate economy. Accel-VT is an outstanding initiative that helps grow sustainable businesses solutions with a global impact” – said Arun Gupta, Founder and CEO of Skyven Technologies.

“Skyven stands out as a leading distributed heat solution that makes a strong business case, reduces industry’s impact on the environment and empowers people through sustainable technology advancement” – said Geoff Robertson, Director of Business Assistance at the Vermont Sustainable Jobs Fund.

For more information please contact:

Agata Hinc                                                                  Geoff Robertson agata@skyventechnologies.com                         geoff@vsjf.org
818.858.6836                                                             802.828.3753

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