Success Stories
We consistently review and update our primary metrics (cumulative since ’93):
- New business formations: 105
- Funding events: $1.078 billion
- Job creation: 12,699
Since clients do not pay fees or compensation to TVC of any kind, these are TVC’s primary success metrics. Return on our invested time with clients is paramount. While we’d like to help as many entrepreneurs as we can, we are selective and look for those with commercialization potential—that means evaluating many of the same criteria that investors use (team, technology, pain, market size, customer traction, etc.). Since we work with early stage companies, we select clients based on their potential, and help entrepreneurs drive toward each milestone. When they line up with what investors have told us they’re seeking, we’ll make the introduction.
Hyperion Power Generation to Reveal “Launch” Design
November 18, 2009
WASHINGTON, D.C. and LONDON, ENGLAND - November 16, 2009 - At the highly anticipated Annual Winter Conference of the American Nuclear Society on November 18, Hyperion Power Generation Inc. will present the "launch" design for the Hyperion Power Module (HPM) to be deployed into the global market. Details will be revealed by Mark Campagna, Hyperion Power's Chief Nuclear Officer, at the technical session on small power reactors at the Omni Shoreham Hotel in Washington, D.C.
On Thursday November 19, Hyperion Power's CEO John R. (Grizz) Deal will debut the design at the Powering Toward 2020 Conference at the Barbican in London, England, in a Masterclass sponsored by The Mace Group. For more information on the conferences, visit
http://www.new.ans.org/ and
http://www.publicserviceevents.co.uk/main/workshops.asp?event_ID=101
Kept under wraps until Wednesday, this initial design of the Hyperion Power Module, the company's small, modular, nuclear power reactor (SMR), is the first of several reactor systems for Hyperion Power that have been in co-development with personnel at Los Alamos National Laboratory (LANL) and are planned for construction and deployment. Hyperion Power's market goals include the distribution of at least 4,000 transportable, sealed, self-contained, simple-to-operate fission-generated power units that are euphemistically known as a "nuclear battery."
Conceived at Los Alamos National Laboratory, the original design for the HPM was created by Dr. Otis (Pete) Peterson and then licensed to Hyperion Power Generation for commercialization under the laboratory's technology transfer program. The company's launch design will remain true to its design criteria and Dr. Peterson's vision. Each unit will produce 70 MWt or 25 MWe- enough to provide electricity for 20,000 average American-size homes or the industrial equivalent. Approximately 1.5 meters wide by 2.5 meters tall, the units will be able to be transported by ship, rail, or truck and produce power for seven to ten years depending on usage. The HPM uses the energy of uranium fuel and meets all the non-proliferation criteria of the Global Nuclear Energy Partnership (GNEP).
Offering a cost-efficient source of clean, emission-free, baseload energy, the HPM will provide crucial independent power for military installations; heat, steam and electricity for mining operations; and electricity for local infrastructure and clean water processes in communities around the globe.
Press Contact:
Deborah Blackwell, APR
+1 (703) 722-2821
