Maryland Energy Innovation Institute Launches First Start-Up in Incubator

Maryland Energy Innovation Institute Launches First Start-Up in Incubator

Bookmark and Share



On Thursday, July 30, 2019 the Maryland Energy Innovation Institute (MEI2) officially launched its first start-up company, Ion Storage Systems (ISS), into incubator space at the University of Maryland (UMD) Technology Ventures Building.

Dr. Laurie Locascio, UMD Vice-President of Research, kicked off the event by noting that MEI2is catalyzing energy research and innovation while providing the technology push necessary for Maryland to generate jobs and positively impact the state economy. She further noted that ISS is a perfect example of MEI2’s commitment to creating an energy business ecosystem as the company plans on hiring 20 employees this year and is focused on developing the most energy dense and safest batteries that can be deployed in any environment.

Maryland Secretary of Commerce, Kelly Schulz, then presented Dr. Eric Wachsman, CEO of ISS, and Dr. Greg Hitz, CTO of ISS, with the Secretary’s Citation for “development of noncombustible, high-performance solid-state batteries in recognition of the broad application of these batteries … in appreciation for your commitment to doing business in Maryland; and with sincere best wishes for success…”

A reception was held following the ribbon cutting ceremony at the Ion Storage Systems incubator space. In attendance, in addition to VPR Locascio and Secretary Schulz, Maryland Delegate Kumar Barve, chair of the Environment and Transportation Committee, Mr. Tom Sadowski, the University System of Maryland’s Vice-Chancellor for Economic Development, the MEI2Advisory Board, UMD faculty and others.

August 1, 2019


Prev   Next

Current Headlines

BBI Awards Seed Grants to Six Interdisciplinary Projects

University of Maryland Libraries Enter Phase 2 of Reopening Plan

Study of Flu Transmission Provides More Evidence that Respiratory Viruses Spread via Air

University of Maryland Libraries Phased Reopening to Begin in July

Uncovering How COVID-19 Changed Work

TRACE Center is Leading the Way in Researching and Designing Tools for Digital Accessibility During COVID-19

Exploring a Dark Past to Prepare for a Brighter Future

Will COVID-19 Lead to “Tighter” Societies?

News Resources

Return to Newsroom

Search News

Archived News

Events Resources

Events Calendar

Additional Resources

UM Newsdesk

Faculty Experts

Connect

social iconsFacebookTwitterLinkedInResearch News RSS Feed
Office of Technology Commercialization
2130 Mitchell Building
7999 Regents Dr.
University of Maryland
College Park, MD 20742

Phone: 301-405-3947  |  Fax: 301-314-9502
Email: umdtechtransfer@umd.edu

© Copyright 2013 University of Maryland

Did You Know

UMD's Neutral Buoyancy Research Facility, which simulates weightlessness, is one of only two such facilities in the U.S.