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Satcon Technology
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Short description

Developer and manufacturer of power harvesting and conversion products, including inverters, for the alternative energy markets

Founded in 1985
Founded in

Company type Public Public (SATC)
Company type

Industry Group energy & power

Sector solar

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
TRL Range

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Headquarters Cambridge, MA Cambridge, United States
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  • 1 M&A items
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Date Company
07/10/2012

San Diego Gas & Electric (SDG&E) San Diego Gas & Electric (SDG&E)

Satcon was selected to supply 51 megawatts (MW) of its Equinox™ Prism Platform™ solution and 1.5 MW of its next generation Equinox inverter systems.

Confirmed by San Diego Gas & Electric (SDG&E)
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Date Partner Type
05/17/2012
Western Wind Energy Western Wind Energy
Satcon will provide 30 MW of its Equinox Prism Platform to Western Wind and Lord Electric for a solar farm in Puerto Rico.
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Confirmed by Western Wind Energy
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IPO INFORMATION

Date

10/24/2006

IPO status

Listed

IPO Type

IPO

Amount

Initial shares

Ticker symbol

SATC

Exchange listed

NASDAQ

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Description

Satcon transferred the listing of the Company's common stock from The Nasdaq Global Market to The Nasdaq Capital Market.

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Date Investors Type Amount
07/18/2012 California Energy Commission California Energy Commission (1)
Post-money valuation of
Satcon received a $2 million grant to develop and demonstrate methods to reduce the effects of renewable power intermittency.
 Grant $2,000,000
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