Atrex Energy, Inc.
Walpole, MA 02081, US
Alternative & Renewable Energy
Developer and manufacturer of innovative power products, now focused on a remarkable tube-shaped oxygen-based fuel cell, with initial products for remote, off-grid 24/7 power generation using conventional natural gas and propane at high efficiency.
Sixteen year-old power innovations company with primary focus on commercial small AC and DC generators for areas where there is no utility grid available. Product has compelling value proposition and quick payback, with nearly 400 units already shipped and growing customer traction since product was introduced in 2012. Competitors much more expensive and high-maintenance. A green and climate-friendly technology as well, with no nitrogen oxide pollution and small to zero carbon footprint.
Experienced and stable management team with substantial successful small company backgrounds as well as Fortune 500 company experience. Targeting to be the first solidly profitable fuel cell company, achieving breakeven in late 2017, based on actual sales trends. Significant opportunity pipeline for remote power product, using success with it to build credibility to enter larger and more mainstream markets. Future products for homes and businesses that will provide power on-site along with hot water and cooling in combined distributed energy appliance with total fuel use efficiency above 80%.
Even larger opportunity to use the technology to convert carbon dioxide and water back into fuel with the use of waste heat, all from the ability to control the movement of oxygen. Opens trillion dollar markets and benefits from drive to reduce fossil fuel use and reverse climate change.
The Company has excellent track record in receiving large government R&D contracts (over $50 million to date) to leverage investors’ money and pay for product development. Primary contracts now to develop larger units and ones that run on liquid fuels such as diesel, jet fuel, ethanol, methanol, and biodiesel.
Products / Services
Power generators 250 watts to 5,000 watts
Small DC and AC power generators that run directly on conventional fuels (primarily natural gas and propane) and renewable fuels (methanol, ethanol, biogas) at efficiencies higher than any competing technology with virtually zero NOx and SOx emissions and small carbon footprint. Principal application is for prime power (24/7) for long-duration use. Future products for homes and businesses that will provide power on-site along with hot water and cooling in combined distributed energy appliance.
President Executive Officer
Gary D. Simon
Mr. Simon, CEO and President, is a 45-year veteran executive with senior experience in government, Fortune 500 companies, and start-ups. The management team consists of an experienced Six Sigma Black Belt as COO, technical executives with extensive backgrounds in product development, and a first-class technolgy sales and marketing team. Most of this team has been with the company since inception 16 years ago. Dedicated, highly-skilled, persistent, and effective.