Petra Power looks to modernize energy for data centers and defense vehicles
The startup says its fuel cells are super efficient and cut fuel costs during a time when the tech industry can’t get enough electricity.
Petra Power, a startup founded in 2017, is revolutionizing the power sector by developing solid oxide fuel cells. These ceramic devices convert natural gas into electricity without combustion, offering a more efficient and environmentally friendly alternative. Founder Aaron Goodman highlights that Petra's fuel cells have lower fuel costs and emissions compared to traditional power sources, and their compact size makes them ideal for data centers and defense vehicles.
The efficiency of fuel cells lies in their direct conversion of fuel electrons into electricity, bypassing the multiple steps and losses associated with traditional power generation. As a result, companies utilizing Petra's fuel cells can significantly reduce their fuel expenses. Currently, Petra is targeting two primary sectors: data centers and the Defense Department.
While the company hasn't disclosed specific agreements, they are partnering with infrastructure providers and aiming for first deployments with these customers by 2028. Full-scale production is expected by 2029. For data centers, Petra's fuel cells promise to cut fuel costs and emissions. In the defense sector, the auxiliary power provided by the fuel cells could support onboard equipment during vehicle downtime.
Although Petra's fuel cells have not yet been deployed on live vehicles, they are currently in the testing phase. The company employs about 15 people and has secured nearly $9 million in contracts from the Defense Department. Petra was recognized as part of TechCrunch Startup Battlefield 200, a program featuring 200 startups.
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