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Sapphire Technologies
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Developer and manufacturer of pressure recovery to energy systems for natural gas and hydrogen industrial and commercial applications

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector biomass & waste-to-energy

TRL Range 9
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 Cerritos, CA Cerritos, United States
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Updated by Freddie Sarhan at Sapphire Technologies on 06/07/2023

Edited by Cleantech Group on 08/18/2023

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Date Company
04/18/2023

CNX Resources CNX Resources

Sapphire Technologies, CNX Resources, and CNX Midstream to install novel turboexpander system to generate clean electricity. This partnership will create a first-of-its-kind clean energy process at a site in Appalachia.

Confirmed by CNX Resources

Partnerships
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Date Partner Type
Schlumberger Schlumberger
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Confirmed by Schlumberger
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IPO INFORMATION

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Date Investors Type Amount
08/16/2023 Energy Capital Ventures Energy Capital Ventures , Marathon Capital Marathon Capital , Chevron Technology Ventures Chevron Technology Ventures , Equinor Technology Ventures Equinor Technology Ventures , Cooper and Company Cooper and Company (5)
Post-money valuation of
Funds will be used to develop Turboexpander that recaptures energy from pressure reduction processes. The company has seen increased sales and their team has grown 220% since the past year.
Series B $10,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

FreeSpin® In-line Turboexpander

Sapphire Technologies develops and manufactures energy recovery systems such as turboexpanders that harness the power of gas expansion to produce reliable and clean electricity – reducing global carbon footprint. Our systems are designed to convert energy wasted in pressure reduction processes into electric power without interrupting operations.

Wide Commercial Availability Products - Wholesale
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