Tag Archives: Altaeros Energies

Mitsubishi Heavy Industries and Suhail Bahwan Group invest in wind energy startup Altaeros Energies

Mitsubishi Heavy Industries, Ltd. (“MHI”) and the Suhail Bahwan Group (“SBG”) have invested in Altaeros Energies, a Massachusetts-based technology company, to support the design and production of its Buoyant Airborne Turbine (“BAT”) renewable energy and communication platform. MHI and SBG bring deep strategic expertise in developing and executing large technology projects for industrial and government … Continue reading Mitsubishi Heavy Industries and Suhail Bahwan Group invest in wind energy startup Altaeros Energies

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SoftBank invests Altaeros’ airborne wind turbine

SoftBank has invested $7 million in Altaeros Energies, which is based at the Massachusetts Institute of Technology and makes airborne wind turbines. SoftBank’s investment shows just how wide the company’s investment portfolio is. It also comes at a time when investments in clean-tech companies have fallen, due in part to the increasing availability of renewable … Continue reading SoftBank invests Altaeros’ airborne wind turbine

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