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Satco history
Satco company history timeline
In 1985 SatCon Technology Corporation was founded by Dave Eisenhaure, formerly of MIT/Draper Laboratory, to develop, market, and sell products required by the world’s growing need for cleaner and lower-cost energy and power.
China ElectronicsCorporation (CEC) was established in 1989 and is one of the key state-owned conglomerates directly under the administration of the central government.
In 1992 the company’s CEO Dave Eisenhaure and CFO Mike Turmelle took the company public on the Nasdaq exchange (NASDAQ:SATC). After the company became public, it acquired eight private companies and one public company.
In 2003, SatCon introduced the first 100 KW PV inverter in a single cabinet, PowerGate, and in the next five years introduced the 225 KW, 500 KW, and 1 MW series Inverters that convert the direct current (DC) power into usable alternating (AC)
Since 2011, CEC has been part of the prestigious Fortune Global 500 List.
By 2016, its rank has gone up to 329.
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Satco competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Universal Veneer | 1978 | $12.0M | 100 | - |
| Qrs Recycling | - | $460,000 | 50 | - |
| Sterling Lumber Company | - | $1.0M | 25 | - |
| Idaho Timber | 2005 | $110.0M | 3,500 | - |
| Quincy Recycle | 1974 | $4.4M | 50 | 19 |
| Hebron Brick | - | $1.7M | 25 | 8 |
| ABW Technologies | 1907 | $40.4M | 58 | 17 |
| Hunter Panels | 1997 | $15.0M | 110 | - |
| Kelly Pipe Co | 1898 | $326.0M | 350 | - |
| Mervis Industries Inc. Danville Il | - | $6.6M | 75 | - |
Satco history FAQs
Zippia gives an in-depth look into the details of Satco, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Satco. The employee data is based on information from people who have self-reported their past or current employments at Satco. 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 Satco. The data presented on this page does not represent the view of Satco and its employees or that of Zippia.
Satco may also be known as or be related to Sat Con Technology Corp and Satco.