Carbon Plus Inc. with partner universities receive $750,000 ARPA-E plus up funding

Carbon Plus Inc., partners with prestigious academic institutions - Johns Hopkins University, Georgia Institute of Technology, and the University of Maryland - has been awarded a substantial plus up funding of $750,000 from the Advanced Research Projects Agency-Energy (ARPA-E). This injection of funds is earmarked for the commercialization of a revolutionary low-cost, eco-friendly, and energy-efficient carbon fiber.

The generous grant from ARPA-E, a renowned agency known for supporting advanced energy research, underscores the potential of this project to make a substantial impact in the carbon fiber industry. The funding will accelerate the development and commercialization of this cutting-edge technology, bringing it closer to widespread industrial application. Carbon Plus Inc. and its university partners are poised to lead the way for more sustainable and efficient manufacturing processes for carbon fibers. This project not only promises to deliver a lower cost product but also demonstrates a commitment to innovation, collaboration, and environmental stewardship.