Problem: Customers requiring off grid remote power solutions are mandating systems that are reliable, fuel efficient, fuel flexible as well as reduces green house gases and costs.
The SPS Solution: SPS solves these customer requirements with offgrid, remote power & hydrogen production solutions using our highly efficient and robust Solid Oxide Fuel Cell (SOFC) platform technology.
Brief Description
•Proven SOFC technology that is:
•Tubular and rugged with 11 patents held
•Manufactured in the United States (Alliance OH)
•650 systems delivered in North America
•Customer using this technology have experienced:
•Reduce fuel costs (>45%)
•Low Emissions power (99% free CO2)
•Lowest cost off grid option to operate in the most remote areas vs grid power installation costs
•
•Scaling technology by:
•CONFIDENTIAL Hydrogen Production contract to produce 99% pure hydrogen when paired with their system
•Winning 3 multinational (Europe, Canada, Asia) remote power demonstration contracts over the last 9 nine months
•Non-Dilutive funding from DoE, DOD and NASA for next generation SOFC tubular advancements
TRACTION
Dec 23, 2023
NASA’s New Investments in Commercialization-Focused Small Businesses with Brayton Energy
Mar 10, 2023
RELEASE 23-024
NASA Names University Teams to Take on Aeronautics Research Challenges
June 6, 2022
SPS Demonstrates 50% Efficient, Low- Temperature Fuel Cell Technology
June 19, 2020
Special Power Sources (SPS) Selected for Department of Energy (DOE) Next Generation Durable, Cost Effective, Energy Efficient Tubular Solid Oxide Fuel Cell
https://spsources.com/special-power-sources-sps-selected-for-department-of-energy-doe-next-generation-durable-cost-effective-energy-efficient-tubular-solid-oxide-fuel-cell/COMMERCIAL Opportunities won:
1. Hydrogen production (2025 to 2027) - $16M potential, Awaiting requalification of powders from customer.
2. Major Aerospace and Defense company (2024) - $40K, (2025) - $1M potential PO.
US GOVERNMENT Opportunities won:
1. NASA Ignite Phase I SBIR Subcontract with Brayton Energy - $17K (Feb 2024)
2. DOE ARPA- E Subcontract with Tennesse Tech - $34K remains (Jul 2022)
3. NASA ULI Subcontract with Tennessee Tech - $640K remains (Jul 2023)
4. DOE Phase I SBIR Contract - $206.5K, Awarded and awaiting funding, (Jul 2024)
5. NASA Ignite Phase II SBIR Subcontract with Brayton Energy - $223K (Aug 2024)
6. AFRL Contract with Purdue University - $200K, (Jul 2024)
FACILITY/COMPANY/TEAM info:
1. Industrial - Manufacturing and Research & Development with $2M in capital equipment
2. Patents - 11 held for SOFC technology
3. Employees - 8 Full time, 2 Part time
4. Team Motto: “OUR MISSION TO PROVIDE THE MOST RUGGED AND RELIABLE POWER SOLUTIONS ON THE PLANET”
5. Market - $150B for Hydrogen production, $600M for Off Grid Remote Power Production
Pitch Deck and Strategic Investment documentation available upon request
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