CALGARY, Alberta--(BUSINESS WIRE)--The 5th annual PROPEL Energy Tech Forum, presented by CapitalRoad, took place last week and featured a world-class energy technology showcase as 23 Presenting Companies, including three Alumni, took the stage. The event brought together major energy businesses, key industry leaders, and saw over 40 investor and strategic firms, as well as over 45 entrepreneurial companies in the room.
As the energy industry pushes towards earlier technology adoption as a critical element to the long-term viability and stewardship of global energy resources, the PROPEL Energy Tech Forum stands as a key setting for fostering, commercializing, and integrating new energy technologies.
The Forum was proud to select these top twenty-three game-changing ventures from a crop of over 50 applicants. The Presenting Companies are competitively selected each year by the Industry Advisory Board members, comprised of the active energy venturing and top O&G firms in North America. The selected presenting companies included: DarkVision, FlexGen, Zayfti (Spira Data Corp), E3 Metals Corp, Gas Technology Institute, Harris Technologies, Pamban Energy Systems, Pursuit Technologies Ltd., Tachyus, Helios Wire, Lightship, TOKU Industry, VEƎRUM, Zeel, Alkemy Environmental, Direct-C, DSSP Inc., Fluid Efficiency Corporation, Mangrove Water Technologies Ltd., Pyrowave, Anderson Optimization, Finis Energy, and NuEnergy.
These presenting entrepreneurs, along with the other 25+ that also attended for the high-quality networking and business development opportunities, attended PROPEL with the goal of partnering or funding their energy technology businesses. The 2018 event saw the addition of a technology stream focused on Distributed Power, with three presenting companies showcased and a host of thought leaders exploring the opportunity landscape, including representatives from ENMAX, ATCO, Decentralised Energy Canada, Kinetica Ventures and more.
The PROPEL 2018 theme focused on Reinventing Technology Adoption in the Energy Sector, which was highlighted throughout the sessions. Both keynote speakers, former President & CEO of Total Canada, Jean-Michel Gires and Author of Tip of the Spear, Jim Gibson spoke to the theme and also discussed closing innovation gaps, breakthrough innovation, transformative industry solutions, and technology disruption as a means for that reinvention.
"PROPEL is a first-class forum and we were delighted to participate. The mix of networking with venture capitalists, the exciting pitch competition and learning from fellow innovators is invaluable for companies like VEERUM. I’d highly recommend the forum for anyone working to create the energy industry of the future." – Steve Fisher, CEO, VEERUM
To learn more about the PROPEL Forum visit: www.propelenergytech.com