CAMBRIDGE, MA, February 20, 2013 — Alta Devices been identified in the field of Energy and Materials as one of 2013’s 50 Disruptive Companies, MIT Technology Review’s annual list of the world’s most innovative technology companies. The honorees are nominated by MIT Technology Review’s editors, who look for companies that have demonstrated original and valuable technology over the last year, are bringing that technology to market at significant scale, and are clearly influencing their competitors. Spanning energy and materials, Internet and digital media, computing and communications, biomedicine, and transportation, the companies on the list represent the disruptive innovations most likely to change our lives.
Jason Pontin, publisher and editor in chief of MIT Technology Review, states, “The pace at which technology changes is astounding. This issue celebrates organizations at the forefront, displaying ‘disruptive innovation’ that will prove to surpass the competition, transform an industry, and change our lives.”
“Alta Devices is a very unique solar company,” said Chris Norris, president and CEO of Alta Devices. “The combination of world record efficiency, with a thin and flexible form factor, make the technology suitable in a multitude of applications where mobility is needed, power is critical, and surface area is limited. Our goal is to free mobile devices from the grid and to empower the developing world with abundant clean energy.”
Alta Devices and the other honorees will be featured in the March/April edition of MIT Technology Review, available on newsstands worldwide March 5, and online at technologyreview.com on February 20.About Alta Devices
Alta Devices (www.altadevices.com) is delivering the world’s most efficient, thin and flexible mobile power technology. Converting light into electricity, Alta's technology extends the energy source of a system, and in many cases, completely cuts the traditional power cord. The solution can be completely integrated into many mobile devices such as unmanned systems, consumer electronics, automotive, remote exploration, or anywhere size, weight, and mobility matter. Alta holds world records for energy conversion efficiency. Alta has received funding from, Kleiner Perkins Caufield & Byers, August Capital, Crosslink Capital, AIMCo, GE, Dow, and others. The company is headquartered in Sunnyvale, CA.About MIT Technology Review
MIT Technology Review leads the global conversation about technologies that matter. An independent global media company owned by the Massachusetts Institute of Technology (MIT), the enterprise produces publications read by millions of business leaders, innovators, thought leaders, and early adopters around the globe, in six languages and on a variety of digital and print platforms. The company publishes MIT Technology Review magazine, the world's most respected technology magazine (established 1899); daily news features, analysis, opinion, and video; and Business Reports, which explain how new technologies are transforming companies, disrupting markets, or creating entirely new industries. It also produces live events such as the annual EmTech MIT, international EmTech conferences, Summits, and Salons. The company's entrepreneurial community organization, the MIT Enterprise Forum, hosts over 400 events a year around the world.