energy-transmission
(2)
PowerLight Technologies
PowerLight Technologies is a Kent, Washington-based engineering company that transmits electricity through the air using lasers. Spun out of the original LaserMotive (founded 2006 by Tom Nugent and Jordin Kare), PowerLight builds end-to-end power beaming systems that keep drones flying for hours, relay energy across kilometers of free space, and underpin DARPA initiatives for terrestrial, aerial, and lunar power transmission.
VEIR
VEIR is a Woburn, Massachusetts company commercializing high-temperature superconducting power lines that move 5 to 10 times more electricity than conventional cables at the same voltage and footprint. Its key breakthrough is a passive, evaporative liquid-nitrogen cooling system that keeps superconductors cold without heavy machinery. Founded in 2019 out of Breakthrough Energy Ventures research, VEIR targets utilities, renewable developers, and increasingly the power-hungry AI data center market. It closed a $75M Series B in January 2025 led by Munich Re Ventures, with backing from Microsoft's Climate Innovation Fund.