Oct. 2, 2013: Navy Program Increases Funding for Alternative Energy
The Program Supports Startup Companies in Bringing New Energy Technologies to Market
ARLINGTON, Va. — As the Department of the Navy continues its emphasis on energy security, the Office of Naval Research (ONR) announced that it is increasing its support for Energy Excelerator, a Hawaii-based program that funds development of alternative energy ideas.
The program, part of ONR’s Asia-Pacific Technology and Education Program (APTEP), is an effort to develop new energy technologies, and supports startup companies in bringing those technologies to the market.