The Advanced Research Projects Agency-Energy has presented several of its technology development projects with other government agencies and companies at the annual ARPA-E innovation summit.
Many ARPA-E project teams have secured private sector funds and formed startups and partnerships to bring new energy-related technological platforms to the U.S. market, the Energy Department said Monday.
âAs ARPA-E approaches its sixth anniversary, it is exciting that our projects are demonstrating tangible technical and market progress that will provide America with new technology options to generate, store and use energy,â said Dr. Ellen Williams, ARPA-E director.
The organization has invested around $1.1 billion in more than 400 R&D projects through focused initiatives and open funding solicitations.
DOE says 34 projects backed by ARPA-E have attracted approximately $850 million from private investors.
A full list of the projects and the market engagements they have achieved isÂ available on the Energy.govÂ website.