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Capstone Green Energy history
Capstone Green Energy company history timeline
Founded in 1988, Capstone Green Energy develops, manufactures, sells and services microturbine energy solutions ranging in size from 30 kilowatts (kW) to 10 megawatts (MW).
Running out of money in 1992 NoMac was fortunate that its efforts cau ght the eye of Harold Rosen, former chief engineer for Hughes Electro nics who had done pioneering work on geostationary satellites, making possible contemporary global communications.
Noe now became vice-president of engineering, but l eft in 1994 to become president of another microturbine company, Crea tive Energy Concepts, Inc.
With Craig in charge, Capstone moved quickly to complete its first pr ototype, a 24-kilowatt turbine (the equivalent of 32 horsepower) unve iled in 1994.
The stock price tumbled to less than $ 18 in late November, rallied back to the $40 level, but as sales tailed off in 2001, due in large measure to an economy slipping into recession, the company's future became uncertain and the price of its stock plummeted below $3.50.
In October 2002 Almgren announced that he planned to retire.
2003: John Tucker is named CEO.
The company was still banking o n the automotive market in the long run, viewing the power market as a means to an end: lowering costs and contributing to the development of technology that could apply to the automotive units that were exp ected to emerge around 2005.
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Capstone Green Energy competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Maxwell Technologies | 1965 | $90.5M | 367 | - |
| Plug Power | 1997 | $628.8M | 835 | 64 |
| Terrajoule Corporation | 2009 | $480,000 | 5 | - |
| A123 Systems | 2001 | $826.7M | 2,000 | 21 |
| IMPCO by EControls | 1958 | $140.0M | 499 | - |
| Unipower | 1988 | $3.7M | 5 | - |
| Fluidmaster | 1957 | $240.0M | 700 | 3 |
| Satcon Technology Corporation | 1985 | $36.8M | 246 | - |
| New Products | - | $4.4M | 27 | - |
| Artesyn Embedded Technologies | 1968 | $23.0M | 107 | - |
Capstone Green Energy history FAQs
Zippia gives an in-depth look into the details of Capstone Green Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Capstone Green Energy. The employee data is based on information from people who have self-reported their past or current employments at Capstone Green Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Capstone Green Energy. The data presented on this page does not represent the view of Capstone Green Energy and its employees or that of Zippia.
Capstone Green Energy may also be known as or be related to CAPSTONE TURBINE Corp, Capstone Green Energy, Capstone Green Energy Corporation, Capstone Turbine, Capstone Turbine Corp, Capstone Turbine Corp. and Capstone Turbine Corporation.