Bloom Energy, a Silicon Valley startup, is generating tons of buzz after their "Bloom Box" was featured on 60 Minutes Sunday.
The company is finally emerging from stealth-mode, and offered 60 Minutes a peek at their secretive fuel-cell technology. Here’s the clip:
Investors have already poured around $400m into the venture, and it appears to be gaining traction. Big names like Ebay and Google are testing their industrial power-generation units, which cost around $800k (including tax incentives).
Bloom’s long-term goal is to make a unit for home-use, with a target cost of around $3,000. They’ve got a long way to go, but investors like John Doerr (early investor in Google and Amazon, among others) are fully behind them.
Our own Nick Hodge caught up with Doerr at a recent cleantech conference, and unfortunately an IPO is not on the table any time soon. But Bloom Energy is definitely a company to watch.
