BP Fly Corporation (AKA: Beacon Power LLC~Beacon Power Corporation) Profile last edited on: 10/14/2015
CAGE: 3EFH5
UEI: Q4TBDHAT4MG1
Business Identifier: Energy technology company flywheel energy storage
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Location Information
Location: Single
Congr. District: 03
County: Middlesex
Congr. District: 03
County: Middlesex
Public Profile
BP Fly Corporation, a development stage company, engages in the development and commercialization of flywheel energy storage systems to supply frequency regulation services to the electricity grid in North America. Formerly doing business as Beacon Power, the firm was itself a spin-off of SatCon Technology Corporation a longtime involved SBIR awardees. The firm's flywheel technology stores and recycles energy on an emissions-free basis; and provides frequency regulation and energy balancing services for the electricity grid, utilities, and distributed generation and renewable energy markets. The company offers Smart Energy Matrix, which comprises an array of 10 Smart Energy 25 flywheel systems providing 1 megawatt of energy storage. Its Smart Energy 25 flywheel system includes the flywheels and their associated power electronics.
Extent of SBIR involvement
Synopsis: Awardee Business Condition
Employee Range
50-74Revenue Range
5M-7.5MVC funded?
YesPublic/Private
Publicly TradedStock Info
OTC : BCONQIP Holdings
25-49Awards Distribution by Agency
Most Recent SBIR Projects
| Year | Phase | Agency | Total Amount | |
|---|---|---|---|---|
| 2012 | 2 | DOE | $1,075,539 | |
| Project Title: Development of a High-power Motor/Generator for the ARPA-E Hub-Less Flywheel | ||||
| 2005 | 2 | DARPA | $848,086 | |
| Project Title: Optimization of Flywheel Energy Density Utilizing a Composite Hub | ||||
| 1998 | 1 | NSF | $98,792 | |
| Project Title: Development of a Low Cost Flywheel Energy Storage System Suitable for Low Temperature Operation | ||||
Key People / Management
Barry Brits -- President And Ceo
James Arseneaux -- Vice President of Engineering
F William Capp -- Former President
Richard L Hockney
Matthew L Lazarewicz -- Chief Technical Officer and VP of Engineering
Chester R Lyons -- Director of Marketing & Sales
Sharad R Moghe
Ward Spears
James Spiezio -- Chief Financial Officer, Principal Accounting Officer, VP of Fin., Sec. and Trea
James Arseneaux -- Vice President of Engineering
F William Capp -- Former President
Richard L Hockney
Matthew L Lazarewicz -- Chief Technical Officer and VP of Engineering
Chester R Lyons -- Director of Marketing & Sales
Sharad R Moghe
Ward Spears
James Spiezio -- Chief Financial Officer, Principal Accounting Officer, VP of Fin., Sec. and Trea
