ATS Energy Raises Funds to Deploy Waste-Heat Generator by 2027
Earthshot Prize winner ATS Energy secured new investment to scale manufacturing and launch its first commercial Solid-State Generator in 2027.
ATS Energy, a Loveland, Colorado-based developer of waste-heat power technology, has secured a new round of investment aimed at accelerating the commercial rollout of its Solid-State Generator, the company announced Tuesday. The funding comes as the firm reports rapid growth in its customer pipeline and rising market demand for its technology.
The Earthshot Prize-winning company said it plans to use the capital to advance manufacturing capacity in preparation for deploying its first commercial unit in 2027. The Solid-State Generator converts waste heat — thermal energy typically lost in industrial processes — into usable electricity without moving parts, a design the company says offers reliability advantages over conventional generation equipment.
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ATS Energy's fundraise arrives at a moment of heightened investor interest in distributed energy and industrial decarbonization solutions. Waste-heat recovery has drawn attention from energy-intensive industries seeking to cut operating costs and reduce emissions simultaneously, positioning companies like ATS Energy at the intersection of two durable trends in the energy sector.
The company has not publicly disclosed the size of the new investment or the identity of participating investors. With a commercial deployment target set for 2027, ATS Energy faces a roughly 12-month runway to complete manufacturing scale-up and fulfill initial customer commitments from its expanding pipeline.
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