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Apollo Energy Systems
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Short description

Developer of electric propulsion systems targeting the electric vehicle market, which are based on the combination of proprietary battery energy storage and fuel cell technologies

Founded in 1994
Founded in

Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector fuel cells

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
TRL Range

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Headquarters Pompano Beach, FL Pompano Beach, United States
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Updated by Cleantech Group on 11/26/2020

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Date Company
Partnerships
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Date Partner Type
Electric Fuel Propulsion Corporation (EFP) Electric Fuel Propulsion Corporation (EFP)
Apollo Energy Systems has taken over the technology, developments and customers of its Licensor, Electric Fuel Propulsion Corporation (EFP)
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Confirmed by Electric Fuel Propulsion Corporation (EFP)
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
04/16/2013 (0)
Post-money valuation of
This financing round was disclosed via a regulatory filing. The round apparently consists of small investments from many (50) investors.
Series A $4,892,976
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Products
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Apollo Power System

A parallel system with a Lead Cobalt Battery supplying power directly to the DC to AC Inverter and the Apollo Fuel Cell charging the battery

Product Development Products - Retail
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