The government’s Advanced Research Projects Agency–Energy (ARPA-E), a unit of the Energy Department, has awarded $3.8 million to United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney Rocketdyne unit, $2.7 million to the same company’s Research Center, and $4.1 million to General Electric (NYSE: GE) Global Research.
These grants are awarded to further research into alternative fuels, other developments in power storage and transmission, and electric vehicles.
ARPA-E will award $130 million altogether, spread out over 66 projects.
The program’s goal is to “support development of the most innovative technologies and change what’s possible for America’s energy future,” Energy Secretary Steven Chu said today in a statement.
The Rocketdyne unit is constructing a system to improve the conversion of natural gas to liquids, while United Technologies’ Research Center will use its grant to work on reducing rare-earth materials in EV motor manufacturing. GE, meanwhile, will apply its award toward “a new electrical power switching technology for high-voltage transmission lines,” as Businessweek reports.
ARPA-E has a total of 285 projects in its portfolio by now, with $770 million in awards. The major recipients are universities (47 percent), small businesses (29 percent), large businesses (15 percent), national labs (7.5 percent), and non-profits (1.5 percent).