Type: Public
On the web: http://www.beaconpower.com
Employees: 78
Employee growth: 11.4%

Beacon Power is a beacon of hope for companies seeking backup power. The development-stage company's flywheel energy storage systems provide uninterruptible electric power for communications networks, computers, industrial manufacturing, and other power generation applications. Beacon Power's flywheel systems draw electrical energy from a power source, such as an electric power grid or a fuel cell, and then store it. The power can then be delivered as needed when a primary energy source either fails or is disrupted. The company also makes photovoltaic power conversion systems (solar inverters). Beacon Power filed for Chapter 11 bankruptcy protection in late 2011.

Key numbers for fiscal year ending December, 2010:
Sales: $0.9M
One year growth: (7.5%)
Net income: ($22.7)M

Officers:
President, CEO, and Director: F. William (Bill) Capp
VP Finance, CFO, Treasurer, and Secretary: James M. Spiezio
VP Engineering and CTO: Matthew L. Lazarewicz

Competitors:
A123 Systems
Altair Nanotechnologies
Schneider Electric

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