ClearFlame Engines Stock

www.clearflame.com/Industrial / Other IndustrialFounded: 2016

Founded in 2016, ClearFlame seeks to decarbonize heavy-duty engines while reducing operating costs to protect the future from the challenges posed through the use of diesel fuel. The company's technology aims to enable heavy-duty engine manufacturers to produce engines at a lower cost while simultaneously providing their customers with higher performance and fuel cost savings.

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News Highlights

Chicago-area startup banks on ethanol-fueled trucking as alternative to battery electric
Chicago-based ClearFlame Engine Technologies has developed an engine technology that allows trucks, generators and other motors to run on low-emission fuels such as ethanol, methanol or liquid ammonia. The company has raised close to $50 million in series A and B funding and has about 50 employees and pilot projects underway with major corporations. ClearFlame's technology can be retrofitted into diesel engines and achieves equal or greater torque compared to traditional diesel engines.
ClearFlame’s Genset Technology Progresses Through Phase 1 Trials
ClearFlame Engine Technologies' genset technology, which uses the company's patented FuelAdaptive engine technologies, has successfully completed phase one trials. The technology enables a power generator demo unit genset to function on a first-ever use of these technologies.
Bill Gates's Breakthrough Energy Ventures Is Bullish On The Future Of This Clean, Sustainable Fuel Startup
Bill Gates's Breakthrough Energy Ventures has invested in ClearFlame Engine Technologies, a startup that converts diesel engines into clean-burning ethanol motors. The technology could revolutionize the transportation industry, offering an alternative to high-emission diesel engines that doesn't sacrifice performance or increase fuel costs. ClearFlame's fuel is also affordable, sustainable and globally abundant. The company predicts its converted engines will cost 40% less than electric options and 30% less than hydrogen options over their lifespan.
Updated on: Feb 22, 2024

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