DOE Invests in Public-Private Tech Commercialization Efforts; Rick Perry Quoted

Rick Perry

The Department of Energy provides $24 million to partially finance 77 government-industry partnerships aiming to commercialize emerging energy technologies. National Laboratories will work with commercial firms on projects supported by the Technology Commercialization Fund, DOE said Tuesday.

“Technology transfer is an essential component of our mission at DOE, helping ensure we deliver the maximum return on the investment of the American taxpayer, said Rick Perry, secretary of energy.

TCF-funded projects include the development of an advanced ignition system with Argonne National Laboratory and a neutron spectrum generator with Idaho National Laboratory. The department also appointed Conner Prochaska, director of DOE’s Office of Technology Transitions, to lead TCF-related efforts as chief commercialization officer.

“The TCF creates an effective pathway to putting these lab-derived technologies to work and helps to maximize the impact of our research investment for the benefit of the entire nation,” Prochaska said.

The full list of projects can be found here.

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