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Echogen Announces Commercial Agreement to Deploy Grid-Scale Long Duration Energy Storage Technology

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Agreement Marks Milestone in Commercial Validation, Paves Way for Additional Net Zero-Aligned Projects

AKRON, Ohio, Nov. 26, 2024 /PRNewswire/ — Echogen Power Systems, a leader in sCO2 energy systems, is pleased to announce the signing of an agreement with Westinghouse Electric Corporation, to pursue the deployment of Echogen’s cutting-edge pumped thermal energy storage (PTES) technology for grid-scale, long-duration energy storage. This expanded collaboration marks a significant step in the commercial validation of our technology and its role in the global transition to a carbon-neutral future.

As industries and utilities around the world navigate the challenges of stabilizing renewable energy resources and reducing greenhouse gas emissions, long-duration energy storage (LDES) solutions like PTES are emerging as essential components in achieving a resilient, decarbonized grid. Echogen’s technology will be a key enabler to help achieve the United Nations’ COP29 announced global energy storage targets of 1.5TW. By providing reliable and sustainable energy storage for periods greater than what can currently be provided by lithium-ion solutions, the PTES technology is designed to store and dispatch renewable energy for up to 6-48 hours, to meet peak demand, helping to drive toward net-zero emissions.

“This agreement is more than a business milestone—it is a testament to the reliability and scalability of our PTES technology, its capacity to make a meaningful impact on the global energy landscape and our ability to swiftly deploy at scale,” said Phil Brennan, CEO of Echogen. “By expanding our collaboration with Westinghouse, a global energy leader with projects totaling over 1.2 GWhr already in the Front-End Engineering and Design phase, and with multiple additional projects in the pipeline, we are laying the groundwork for a rapid deployment to accelerate the energy transition in a cost-effective manner.” 

Dr. Tim Held, CTO of Echogen, explains, “PTES leverages Echogen’s extensive technology development history in sCO2 energy systems. PTES offers a unique combination of efficiency, low cost, safety and sustainability for energy storage that will enable large-scale deployment of intermittent renewable generation while maintaining grid reliability and stability. We are immensely proud of the engineering and technical achievements of our dedicated and resourceful team.” 

Echogen retains the flexibility to engage with additional partners in pursuit of global expansion for its PTES solution. This GWhr scale solution has the potential to scale at a pace faster than the gigawatt factory alternatives. Echogen’s goal is to make its technology widely and rapidly accessible across diverse geographies and sectors to accelerate the global energy transition.

About Echogen

Echogen Power Systems, headquartered in Akron, Ohio and founded in 2007, is a leading innovator in sCO2 systems and clean energy technology, dedicated to developing sustainable and efficient solutions for long duration energy storage, high-temperature heat pumps and waste heat recovery.

About Westinghouse Electric Company

Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world’s operating nuclear plants. Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle. For more information, visit www.westinghousenuclear.com and follow us on Facebook, LinkedIn and X.

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SOURCE Echogen Power Systems

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QuickStart Acquires Career Development Solutions to Accelerate Growth in Government and Enterprise Businesses

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QuickStart has acquired Career Development Solutions (CDS) to expand its IT training capabilities for government and enterprise clients. This partnership leverages CDS’s expertise in workforce development and QuickStart’s AI-powered learning platform to address critical IT skills gaps and support career advancement for individuals and employers.

AUSTIN, Texas, Dec. 12, 2024 /PRNewswire-PRWeb/ — QuickStart, a leader in online IT workforce development, is pleased to announce the acquisition of Career Development Solutions (CDS), a leading provider of IT training to government and enterprise clients.

CDS is a recognized leader in career readiness and workforce training, with extensive expertise in career transition support, employer partnerships, and government funding programs. The acquisition accelerates QuickStart’s already rapidly growing B2G business by adding significant relationships and business in Arizona, California, Nevada, and Utah. Additionally, the CDS team adds depth of B2B experience in helping employers upskill and reskill IT teams across a range of subject areas.

“This acquisition represents an incredible opportunity to combine the strengths of QuickStart and Career Development Solutions, enhancing our ability to deliver impactful training programs that ensure learners are prepared for today’s fast-evolving IT workforce,” said Bryan Kenna, CEO of QuickStart. “Together, we will rapidly expand the solutions we provide to individuals and government and enterprise partners.”

The acquisition enhances QuickStart’s dedication to providing training that addresses individual and employer needs. Leveraging a proprietary AI-powered learning platform, QuickStart develops highly targeted, skills-based career pathways and training plans to close critical digital skills gaps and provide exceptional outcomes for learners and employers.

Ryan Landry, President and Managing Director at Career Development Solutions, stated, “The acquisition of Career Development Solutions into the QuickStart family makes us, overnight, a tech-enabled workforce development ecosystem. We now handle everything from talent development to talent acquisition, providing solutions that truly lower customer costs. It’s an exciting time to be a business leader working with our tools and systems.”

For more information about QuickStart, visit https://www.quickstart.com/

To learn more about Career Development Solutions, visit www.careerdevelopmentsolutions.com

About QuickStart

QuickStart offers IT training for emerging and established professionals in the field. For over 35 years, QuickStart has partnered with IT experts and hiring managers to develop industry-aligned certificate courses and bootcamp training programs. Through online learning tailored to the latest developments in AWS (Amazon Web Services), Cisco, CompTIA, Microsoft Azure, and more, QuickStart empowers entry-level and experienced IT professionals with leading-edge skills for the workforce.

To best prepare students for professional success, QuickStart offers personalized learning plans and career support services, including resume building, coaching, and job search assistance. Students emerge ready to add value to their organizations, improve their earning power, and achieve their professional goals. Follow QuickStart on LinkedIn, Facebook, Instagram, and X.

About Career Development Solutions

Career Development Solutions offers career training programs to better your life. We give students new opportunities through globally recognized career training programs. We provide industry-leading certifications, training preparation, focused career paths, award-winning teachers, and the support you deserve.

Our career development programs match job training with industry-recognized stackable certifications built into our training programs. We create and deliver training programs that focus on in-demand sectors, including Information Technology and Manufacturing, along with closing the Technology Gap that is hindering individuals across our county from gaining employment. For more information, please visit the Career Development Solutions website or follow us on Facebook, LinkedIn, Instagram, and YouTube.

Media Contact

Imelda Wistey, QuickStart Learning, 1 (855) 800-8240, quickstart@quickstart.com, https://www.quickstart.com

View original content:https://www.prweb.com/releases/quickstart-acquires-career-development-solutions-to-accelerate-growth-in-government-and-enterprise-businesses-302329970.html

SOURCE QuickStart Learning

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ImageSource, Inc. Reinvigorates Executive Team

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ImageSource, Inc. Promotes Phong Hoang to Chief Product Officer

OLYMPIA, Wash., Dec. 12, 2024 /PRNewswire/ — ImageSource, Inc., the manufacturer of ILINX, the world’s most flexible process-improvement platform, is proud to announce the promotion of Phong Hoang to Chief Product Officer. Previously serving as Vice President of Software Development, Phong has been instrumental in shaping ILINX software into a premier enterprise process-improvement platform.

Since joining ImageSource in 2006, Phong has led the evolution of the platform through the ILINX software development lifecycle—including design, development, and testing—fostering a culture of innovation and technical excellence. Under his leadership, the ILINX platform has grown from its initial concept of point solution to fill third-party software gaps to a robust suite of software modules that drive efficiency and transformation for customers across industries.

“Phong’s vision and leadership have been pivotal to the evolution of ILINX as a flexible, scalable solution for modern business challenges,” said Terry Sutherland, CEO of ImageSource. “His ability to inspire and direct development teams has been key to our platform’s success and global adoption.”

Phong brings a wealth of technical expertise to his role, holding a Bachelor of Science in Computer Science from California State University, Long Beach. His background includes proficiency in C#/.NET, Java, C++, Web Service, and Windows Installer, as well as valuable industry experience at Kofax, Microsoft, and Pierce County before joining ImageSource.

As Chief Product Officer, Phong will continue to guide the future of the ILINX platform, ensuring its capabilities align with emerging market needs and deliver transformative outcomes for ImageSource customer-partners.

About ImageSource
ImageSource, Inc. makes process innovation easy with advanced solutions built on ILINX®, the world’s most flexible process-improvement platform, delivered by a team of experts committed to customer-partner success. Leveraging proven technology and deep implementation expertise, ImageSource empowers leading enterprises and government organizations to reduce risk, modernize operations, unlock revenue, and transform the customer experience. For more information, visit www.imagesourceinc.com, or call (360) 943-9273.

View original content to download multimedia:https://www.prnewswire.com/news-releases/imagesource-inc-reinvigorates-executive-team-302329309.html

SOURCE ImageSource, Inc.

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VANTIS VASCULAR CLOSES $10M IN SERIES B-1 PREFERRED FINANCING

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Funds will be used to initiate US commercialization of its CrossFAST™ Integrated Microcatheter Advanced Delivery System

SAN JOSE, Calif., Dec. 12, 2024 /PRNewswire/ — Vantis Vascular, Inc., a pioneering medical technology company founded by physicians with a passion to revolutionize vascular interventions, today announced the successful closing of $10 million Series B-1 preferred financing, following a raise of $30 million to date from high-net-worth individuals and National Institute of Health grants.

The CrossFAST Advanced Delivery System is commercially available in the US as part of a limited market release.

“We are proud to have the ongoing support of a strong group of investors who share our vision of transforming how complex interventional procedures are performed,” said Jason Turner, Chief Executive Officer at Vantis Vascular. “This funding is a critical milestone for Vantis and will allow us to continue our ongoing product development efforts, expand our team and initiate US commercialization of the CrossFAST Advanced Delivery System for complex high-risk PCI procedures.”

The CrossFAST System is the first and only dual monorail microcatheter advanced delivery system purpose-built for complex coronary and peripheral interventions. Unlike guide extension catheters, which have limited ability to reach targeted areas in high-risk PCIs and demonstrated risk of vessel trauma and damage to previously placed stents, the CrossFAST Advanced Delivery System incorporates an integrated microcatheter with a seamless transition to lower the risk of these adverse events during catheter delivery. The CrossFAST System is powered by DuoPRO™ Interlocking Technology, a novel mechanism coupling the microcatheter to the outer delivery catheter, allowing the system to be advanced as one unit for enhanced pushability and efficient navigation, a significant limitation of guide extension catheters, especially in complex high-risk procedures.

“With the completion of this financing, we plan to initiate the limited market release of the CrossFAST System in the United States,” commented Gary McCord, Chief Commercial Officer at Vantis Vascular. “We are confident that CrossFAST can safely navigate calcified and tortuous anatomy with ease, empowering physicians to deliver life-saving therapies to patients more effectively than ever before.”

The CrossFAST Integrated Microcatheter Advanced Delivery System is commercially available in the United States as part of a limited market release. Full market release is planned in 2025.

About Vantis Vascular:

Vantis Vascular, Inc. is a medical technology company dedicated to revolutionizing vascular interventions. Founded by physicians, Vantis develops performance-driven technologies that aim to provide faster, safer and more effective treatments. With a focus on innovation and patient-centric solutions, Vantis is committed to advancing the field of interventional cardiology and improving patient outcomes worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vantis-vascular-closes-10m-in-series-b-1-preferred-financing-302330527.html

SOURCE Vantis Vascular, Inc.

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