North Haven, CT (November 21st, 2019) – Precision Combustion, Inc. (PCI) has been recognized by Marcum LLP and the Connecticut Technology Council as the 2019 Marcum Tech Top 40 fastest growing Connecticut technology company in the Energy, Environment and Green Technologies category.
PCI is a clean energy technology company developing and manufacturing advanced catalytic products and systems for energy sector applications. PCI’s rapid growth has been driven by innovations across multiple fields, including fuel processing and fuel cell systems, compact power generation systems, and air cleaning and new materials technologies.
PCI’s President, Kevin Burns, commented, “We are happy to be named the fastest growing company in the Energy, Environment & Green Technology category, now for the second year in a row. We have a portfolio of innovative technologies advancing in development, together driving our growth. Our vision is to be energy innovators – developing sustainable solutions and commercializing those innovations to improve power generation, energy efficiency and provide cleaner air. Notable drivers of our recent growth are our lightweight JP8-fueled Soldier Power Generators™ for multiple defense applications; lightweight, high efficiency fuel processors and fuel cell systems; an automotive fuel reformer for simultaneously improving engine efficiency and emissions; and a 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 newer innovations.”
“Being a successful innovation company requires people with great fundamental skill and the ability to create new solutions that work. It also requires continuous improvement and a team that works great together, and we have that here – a real high performance team. We also have great consultants, suppliers and technology development partners. I can’t say enough about the remarkable quality of this team of winners.”
“We also want to thank our early stage industrial customers who have recognized the potential of our work and who are now benefiting from it, and our supporters within the U.S. government science and technology community who have recognized the potential of our company and its technologies at an early stage.”
“We at PCI are proud to be part of Connecticut’s innovation heritage and we look forward to continuing to provide clean energy solutions as part of Connecticut’s innovation community.”
Precision Combustion, Inc. is a clean energy technology company developing and manufacturing catalytic devices and systems for energy sector applications. To learn more, visit precision-combustion.com.
About the Marcum Tech Top 40
The Marcum Tech Top 40 recognizes technology 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 Tech Top 40 companies and winners are exemplars of overcoming any number of obstacles in business, including capital-raising, complex revenue reporting, intellectual property management, international expansion and other challenges. The 12th anniversary class of Marcum Tech Top 40 companies are best-in-class by all of these measures and more,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut, office.
Severine Zygmont, CTC’s Board Chair, said, “The Marcum Tech Top 40 is an opportunity for us each year to highlight that technology companies are thriving in Connecticut. We are pleased to support these companies and the others that are in a growth mode for Connecticut to achieve the job creation and economic growth we are all striving for. The Connecticut Technology Council will continue to be an advocate for the public policies and best practices that support the state’s technology sector.”
About the Connecticut Technology Council
The Connecticut Technology Council is a statewide association of technology-oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for 2,500 companies that employ some 200,000 residents, the mission of the Connecticut Technology Council is to spark innovation, cultivate tech talent, foster business growth, advocate for industry-beneficial law and policy, expand the scope of industry networking and professional development, and celebrate industry achievements in the state. The CTC seeks to serve Connecticut’s technology ecosystem by providing leadership, support, mentoring, and advocacy to companies across every industry and at every stage of growth. For more information, visit http://www.ct.org
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., Grand Cayman and China. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services. For more information, visit www.marcumllp.com.
For more information, please contact:
Anthony Anderson
Director, Marketing and Business Development
Phone: 203-287-3700 ext. 290
Email: aanderson@precision-combustion.com
