Washington, D.C. – Securing America’s Future Energy (SAFE) announced today that FreeWire Technologies, Momentum Dynamics, and Peloton Technology will advance as finalists in the running for the 2015 Energy Security Prize, awarding $125,000 to the grand prize winner, $35,000 to the first runner up, and $15,000 to the second runner up. These companies will pitch their technologies on live, broadcast television this Friday, July 31 on CNBC’s Power Lunch, between 1p.m. and 3 p.m., and the grand prize winner will be announced on-air between 2:30 p.m. and 3 p.m. EDT. Be sure to tune in!
These companies’ technologies are poised to advance American energy security by helping to end the United States’ dependence on oil. Finalists were selected by two rounds of expert panels as well as a two-week period of public online voting:
FreeWire Technologies’ Mobi electric vehicle (EV) charger helps eliminate the “charge rage” facing areas with high EV adoption and insufficient charging capacity.
Momentum Dynamics’ high-power wireless charging system delivers energy to electric vehicles via induction ten times faster than typical home plug-in chargers and can help accelerate consumer EV adoption.
Peloton Technology’s wireless communications system and cloud-based management links sensors and braking between pairs of trucks to provide dramatic aerodynamic fuel savings and increased safety.
Videos showcasing these companies and their technologies can be viewed at www.secureenergy.org
CNBC will broadcast live interviews with the finalists and the announcement of the winner from the Energy Security Prize awards ceremony this Friday, July 31 in Charleston, S.C. The event will feature business and thought leaders from South Carolina and across the country, including senior executives from GE, Siemens, Proterra, Versa – A Company by Battelle, and Michelin. Remarks will be given by Anita Zucker, Chair and CEO of The InterTech Group, General T. Michael Moseley (Ret.), 18th Chief of Staff of the U.S. Air Force, and Larry Kellerman, Managing Partner of Twenty-First Century Utilities, who will speak to the national and economic security benefits of lessening America’s near-exclusive reliance on oil to power transportation.
This year’s Energy Security Prize is Powered by The InterTech Group, based in Charleston, and is awarded in memory of the company’s Founder, President and CEO, Jerry Zucker. Mr. Zucker was driven by a life-long passion to create technologies that could revolutionize the world and improve the health of our country. As a prominent businessman, Mr. Zucker worked tirelessly not only to discover these technologies but to bring them to market quickly and efficiently. Mr. Zucker was passionate about the significant advancements technology could make in reducing America’s dependence on oil, thus strengthening our country’s economic and national security.
About Securing America’s Future Energy (SAFE)
Securing America’s Future Energy (SAFE) is a nonpartisan organization that aims to reduce America’s dependence on oil and improve U.S. energy security to bolster national security and strengthen the economy. SAFE advocates for expanded domestic production of U.S. oil and gas resources, continued improvements in fuel efficiency, and in the long-term, breaking oil’s stranglehold on the transportation sector through alternatives like natural gas for heavy-duty trucks and plug-in electric vehicles. In 2006, SAFE joined with General P.X. Kelley (Ret.), 28th Commandant of the U.S. Marine Corps, and Frederick W. Smith, Chairman, President, and CEO of FedEx Corporation, to form the Energy Security Leadership Council (ESLC), a group of business and former military leaders committed to reducing the United States’ dependence on oil.
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