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Qnergy

300 West 12th Street, Ogden, UT, 84404, United States

Overview

Qnergy produces electric power systems built around Stirling engines that operate as enclosed, frictionless external combustion systems. Its engines require no lubrication, oil changes, or repair and can deliver tens of thousands of hours of uninterrupted operation. The company's power solutions work with a broad range of heat sources, including raw natural gas and biogas. Qnergy leverages reliable off-grid power to help customers eliminate methane emissions. Use cases cited include driving air compressors to reduce methane emissions from pneumatic devices in the natural gas industry and using biogas from organic waste to provide on-site power. The company recently closed a $16 million Series C financing. Qnergy manufactures Stirling energy systems and a compressed air pneumatics product called CAP3 that couples remote power generators with air compressors. Its products target methane emissions mitigation by offering a low-emission alternative to gas pneumatic devices used in upstream oil and gas. The Stirling generators are enclosed, require no lubrication or maintenance, and deliver tens of thousands of hours of uninterrupted operation. Qnergy supplies remote power generators in the 500W–10,000W range. The company is led by Dr. Ory Zik, CEO. It plans to use recent funding to accelerate deployment of CAP3. Qnergy is an energy technology company and a spin-off of Ricor Cryogenic and Vacuum Systems that develops Stirling closed-cycle external combustion engines. Its engines can generate electrical power using virtually any heat source, including gas, bio-gas, propane, wood, coal, natural waste and solar. The company targets residential, commercial, and industrial installations. Qnergy is based in Ogden, Utah and En-Harod Ihud, Israel. The business secured additional funding to support continued growth. The article does not disclose operating metrics such as revenue or user counts.

Total raised
$46M
Funding rounds
3
Latest round
Series C
Latest activity
Nov 2021

Industries

  • Energy Efficiency
  • Environmental Engineering
  • Manufacturing
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Recent funding

  1. Series C

    Nov 2021

    $16M

  2. Series B

    Apr 2020

    $10M

  3. Series A

    Jun 2015

    $20M

Team