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Altaeros Energies
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Developer of the world's first commercial buoyant airborne wind turbine to harness stronger, more consistent winds found at higher altitudes

Founded in 2010
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Company type Private Public ()
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Industry Group energy & power

Sector wind

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Somerville, MA Somerville, United States
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Updated by Ryan Holy at Altaeros Energies on 12/08/2014

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Date Partner Type
03/21/2014
TDX Power TDX Power
Altaeros Energies is working with The Alaska Energy Authority and TDX Power to deploy a pilot high-altitude wind turbine near Fairbanks, AK. The $1.3 million project is being partially financed by the Alaska Energy Authority's Emerging Energy Technology Fund.
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Confirmed by TDX Power
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Date Investors Type Amount
06/26/2023 (0)
Post-money valuation of
This debt funding was disclosed via regulatory filing.
Structured Debt $1,000,000
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Buoyant Airborne Turbine (BAT)

The BAT is a dual purpose platform, supplying both power and telecommunication services to rural communities, industry, and military sites.

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