Raser (NYSE: RZ) is an environmental energy technology company focused on geothermal power development and technology licensing. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial segment. Raser’s Transportation & Industrial segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications.
Raser Technologies
5152 North Edgewood Drive
Provo
UT
84604
801-765-1200
801-374-3314
Deal Flow
Fundings
| Closing Date | Round | Amount |
|---|---|---|
| 04/01/2005 | Series C | $20,000,000 |
| 09/01/2004 | Series B | $4,240,000 |
| 07/01/2004 | Unattributed | $1,438,000 |
Press
- PG&E is First to Receive Extended Range Electric Fleet Trucks from Raser Technologies
- Raser Technologies Announces Controlled Equity Offering
- Raser Technologies is Selected as Sole-Source Contractor under U.S. Grant for Geothermal Study in Indonesia
- Raser Technologies Announces Extension with Thermo No. 1 Financing Partners
Company Snapshot
Yes
Energy
2003
Active
Development
$170,000
$25,678,000
57
57
2008 Fast Company Fast 50 Award
Founded in UT in 2003
Key People
-
Martin F. Petersen
CFO
-
Kraig T. Higginson
Executive Chairman
-
Patrick J. Schwartz
President
-
Richard D. Clayton
Secretary and General Counsel
-
Brent M. Cook
CEO
