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MTPV Power Corporation
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Short description

Developer of Micron-Gap Thermal Photovoltaic (MTPV) semiconductors that convert heat to energy with high efficiency

Founded in 2006
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy recovery

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 Austin, TX Austin, United States
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Updated by Colin Lacey at MTPV Power Corporation on 09/16/2019

Edited by Cleantech Group on 07/27/2021

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Date Company

Lockheed Martin Lockheed Martin

Confirmed by Lockheed Martin

Partnerships
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Date Partner Type
Total Carbon Neutrality Ventures Total Carbon Neutrality Ventures
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Confirmed by Total Carbon Neutrality Ventures
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IPO INFORMATION

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Description

Date Investors Type Amount
10/02/2018 Lake Bridge Capital Lake Bridge Capital , Total Carbon Neutrality Ventures Total Carbon Neutrality Ventures , SABIC Ventures SABIC Ventures (3)
Post-money valuation of
The company will use the funds to expand operations and its business reach.
Growth Equity $16,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Single Module

Capable of delivering between 288w - 2.5 kilowatts of electricity when fully populated.

Product Development Products - Retail
$/kW (current)
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