Company Profile

NewGrid Inc
Profile last edited on: 6/8/21      CAGE: 7FRA7      UEI: LU5MSMBLMJU1

Business Identifier: Topology optimization software: automatically routing power around congested transmission facilities. NewGrid software supports power operations, operations planning, and markets decision making, and enables improved grid operations: Increase transfer capacity of the grid by 5-10% Reduce grid congestion costs by 30-50%
Year Founded
2015
First Award
2016
Latest Award
2016
Program Status
Inactive
Popularity Index
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Location Information

75 Park Plaza Fourth Floor
Boston, MA 02116
   (217) 766-7602
   contact@newgridinc.com
   www.newgridinc.com
Location: Single
Congr. District: 07
County: Suffolk

Public Profile

NewGrid is a software firm in the utilities industry focused on the development and commercialization of topology optimization technologies. The firm's software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. With an assembled team of longtime experienced engineers, researchers, software developers and economists in power systems and markets analysis and design, the firm's founders are specialists in the applications of topology optimization technology to power system operations. The firm previously led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
1-4
Revenue Range
Less than .5M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2016 1 NSF $225,000
Project Title: Agile Model Reduction for Topology Optimization Software

Key People / Management

  Pablo Ruiz -- Chief Executive Officer

  Cesar Ballardini -- Senior Consultant

  Stanton Cady -- Director of Engineering

  Xiaoguang Li -- Director of Product

  Richard Tabors -- Executive Vice President

Company News

There are no news available.