Grid Logic develops advanced manufacturing methods for advanced materials and produces components for the distribution and generation of electric power. With funding from the U.S. Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E), Grid Logic will develop and commercialize a manufacturing technique for producing an innovative low-cost superconducting material. Grid Logic will also develop a method to form these materials into superconducting wires for electric utility applications. The material will be 10 times less expensive than current high temperature superconducting conductors.
NextEnergy’s MATch (Michigan Accelerating Technologies) Energy Grant contributed $200,000 in matching funds to Grid Logic for a $3.8 million grant award from ARPA-E. The MATch Energy Grant is a program funded through the Michigan Economic Development Corporation that supports match requirements for federal funding opportunities to leverage research, development, and commercialization of new technologies in Michigan. Grid Logic has raised $10 million in public and private investment through a process that benefits from NextEnergy’s MATch Energy Grant funds. In addition, NextEnergy provided matchmaking support by connecting Grid Logic with a university also working with superconducting materials.