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PCI named Connecticut’s 2020 fastest growing tech company in Energy, Environment, and Green Technology category

By January 26, 2021July 9th, 2024No Comments

Marcum Tech Top 40 1squareNorth Haven, CT (January 26th, 2021)  Precision Combustion, Inc. (PCI) has been recognized by Marcum LLP as the 2020 Marcum Tech Top 40 fastest growing Connecticut technology company in the Energy, Environment and Green Technologies category. Marcum based this on revenue growth from 2016 through 2019.

PCI is a clean energy technology company developing and manufacturing advanced catalytic and sorbent products and systems for energy and environmental sector applications. Growth has been driven by innovations across multiple fields, including fuel processing and fuel cell systemscompact power generation systems, air cleaning, and new materials technologies.

“This recognition was the result of a skilled and determined team,” said PCI President Kevin Burns.  “Our focus is innovation, and our growth performance is the result of the extraordinary members of this team continuing to innovate and create new opportunities solving customer challenges.  Extending into this year with the pandemic, the PCI team has continued to succeed via their resilience and ability to adapt.”

“We are energy and environmental innovators.  Our growth is diversified, but notable recent contributors were our lightweight JP8-fueled Soldier Power Generators™ for multiple defense applications; our lightweight, high efficiency fuel processors and fuel cell systems; and a growing set of regenerable air cleaning technologies including for improved energy efficiency and sustainable carbon capture. We’re creating value for our customers in their applications while further building a critical mass of synergistic technologies that enable further advances.”

“We thank our industrial customers with whom we are working to provide new value.  We also thank our U.S. government science and technology program managers who have recognized our potential to meet important energy and environmental challenges, and supported us with early stage R&D.”

“We also thank Connecticut, for its support and for working to provide a stimulating and supportive innovation ecosystem within which a company like us can grow and build new technologies for the future.”

Precision Combustion, Inc. is a clean energy technology company developing and manufacturing catalytic and sorption devices and systems for clean energy and environmental sector applications. To learn more, visit precision-combustion.com.

About the Marcum Tech Top 40
Previously produced in collaboration with the Connecticut Technology Council, the Marcum Tech Top 40 recognizes technology and life sciences companies with at least $3 million in annual revenue and a four-year record of growth, in six industry sectors. Both privately held and publicly traded companies are eligible.

“Marcum has a rich history of supporting Connecticut’s technology and life sciences sector, and the Marcum Tech Top 40 is an annual high point of our work with this thriving segment of the state’s economy. The program is dedicated to showcasing those Connecticut companies that have persevered against tremendous odds not only to achieve truly impressive growth but to become exemplars for other tech companies seeking models of success. The Connecticut technology community is one of the most vital and accomplished in the industry. We applaud each and every entrant and congratulate the winners on their impressive success,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut, office and national leader of the Firm’s Technology & Life Sciences practice.

https://www.marcumllp.com/press-releases/marcum-llp-announces-2020-marcum-tech-top-40-winners

For more information, contact:

Anthony Anderson
Director, Marketing and Business Development
Phone: 203-287-3700 ext. 290
Email: aanderson@precision-combustion.com