Ioxus Recognized as a Top Cleantech Private Company

The clean technology industry has grown considerably in the past five years, reaching a worldwide value of more than $2.5 trillion per year. By 2020, the cleantech market will double to more than $5.1 trillion per year. It’s an exciting time to be a part of this industry and an honor for Ioxus to be named one of the top 100 private companies most likely to make a significant impact on this market in the next five to 10 years. Today, the Cleantech Group, a leading research and advisory firm focused on innovation in energy and the environment, unveiled its 2012 Global Cleantech 100 list, which recognized Ioxus as a top private company in clean technology.

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Image Source: Cleantech Group

As the cleantech market grows, so too does the global ultracapacitor market, which has an anticipated 56 percent compound annual growth rate. Earning this distinction from the Cleantech Group reaffirms the continued need for energy storage technology development. Ioxus differentiates itself from others in this field by providing the most extensive technology offering with a wide range of form factors and high power capabilities for the best application performance.

Being selected for the second straight year as a top 100 cleantech company from a pool of 8,285 nominees validates Ioxus’ accomplishments and potential in the industry. We look forward to meeting the Cleantech Group’s expectations and leaving a substantial mark on the cleantech market.

Latest News

  • uSTART® Lead-Free Replacement for Truck Batteries

    ONEONTA, N.Y.Jan. 9, 2019 /PRNewswire/ -- Ioxus uSTART® has received two fleet industry awards for sustainability by eliminating lead-acid batteries with its ultracapacitor-based, drop-in battery replacement.

    "With uSTART, fleets not only realize the benefits of improved starting reliability, there are equally important and real sustainability improvements from lead waste reduction," said Chad Hall, executive vice president and co-founder of Ioxus. "By replacing one of the batteries on a vehicle with a uSTART module, up to 15 fewer batteries are needed over the lifetime of the vehicle. This translates into 1,000 pounds of lead that will never need to be disposed of or allowed to affect groundwater."

    EU legislation on batteries is embodied in the European Battery Directive.  Its objective is to contribute to the preservation and improvement of environmental quality by minimizing the negative impact of batteries and battery waste.  As these preservation efforts expand, sustainable technologies develop to manage and mitigate these risks.

    Replacing a lead-acid battery with uSTART in a typical commercial vehicle creates measurable environmental benefits:

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