Company Profile

Altaeros Energies Inc
Profile last edited on: 8/26/2022      CAGE: 63V33      UEI: JW96ENF8PMN5

Business Identifier: High altitude wind turbine: easy mobility and rapid deployment at remote, military and offshore sites.
Year Founded
2010
First Award
2011
Latest Award
2021
Program Status
Active
Popularity Index
Is this YOUR Company?
Ensure accuracy and completeness of YOUR Company Profile by completing the brief Survey Instrument attached
Do you know about this Awardees?
Let us encourage you to provide any data which would enhance the completeness of this firm's profile.

Location Information

24 Park Street Unit 10
Somerville, MA 02143
   (857) 244-1560
   info@altaerosenergies.com
   www.altaerosenergies.com
Location: Single
Congr. District: 07
County: Middlesex

Public Profile

Altaeros was founded to operationalize technology developed at MIT with the objective of deploying the world’s first commercial airborne wind turbine to harness the abundant energy in strong, steady winds at higher altitudes. That original vision has since crystalized into helping rural and remote communities gain the benefit of state-of-the-art power, communications and other infrastructure. From the outset, Altaeros’ mission had been to deliver the next generation of infrastructure to rural and isolated communities in an economic and environmentally friendly manner. The firm has effectively combined proven technology with flight control innovations to enable cost effective autonomous deployment of tethered airborne platforms. This approach solves the problem of requiring continuous manned operation to deliver a compelling economic value proposition for many applications. The key focus for Altaeros today is in three areas: Enabling the cost effective deployment of ubiquitous telecom service to rural and remote communities; Efficient and clean power generation for rural and isolated communities and Effective deployment of technology enabled agricultural services.

Extent of SBIR involvement

User Avatar

Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
5-9

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2021 1 Army $111,402
Project Title: Integrated Aerostat Payload Protection System
2017 2 NSF $1,395,679
Project Title: Low-cost, High Performance Fabrics for Inflatable Sructures
2012 2 USDA $549,964
Project Title: Robust Airborne Wind Turbine Shroud for Production of Low Cost Renewable Energy

Key People / Management

  Ben Glass -- Co-Founder, Chief Executive Officer and CTO

  Benjamin Bollinger -- VP Engineering

  Alain Goubau -- Co-Founder

  David Neafus -- Chief Financial Officer

  Sheri Palazzo -- VP of R&D Operations

  Adam Rein -- Co-Founder & Chairman

  Joseph Ryan -- VP of Business Development