Local alternative fuel startup Onboard Dynamics has been selected to exhibit its natural gas compression technology at the first-ever White House Demo Day Tuesday. The Demo Day will bring together “entrepreneurs from all walks of life, from all across the country,” according to the White House website.
Onboard Dynamics CEO Rita Hansen and Vice President/Co-founder Jeff Witwer flew out to D.C. Sunday in preparation for three days of events and meetings focused on innovation and entrepreneurship. Founded in 2013, the Bend-based company is commercializing a technology that integrates natural gas compression into cars and trucks, allowing drivers to refuel from any low-pressure natural gas supply line.
“U.S. policymakers increasingly are evaluating how alternative fuels can impact our country’s overall energy use,” Hansen says. “With Onboard Dynamics’ unique natural gas compression technologies, vehicle owners can save money and significantly reduce their greenhouse gas emissions by refueling with natural gas or renewable natural gas instead of traditional fuels.”
Onboard Dynamics has received more than $3 million in funding. The startup’s financial support comes from the U.S. Department of Energy, ONAMI (Oregon Nanoscience and Microtechnologies Institute), Oregon BEST, and Oregon State University, as well as strategic partners and private investors. The company’s first commercial products will be available in mid-2016.
Tuesday’s Demo Day will “highlight the individual journeys of a diverse set of entrepreneurs—people whose stories show exactly why we need to grow the pie to make sure there’s opportunity for everyone in our innovation economy,” the White House reports.
The President is going to be making remarks at 12:40 p.m. Pacific Tuesday and will be webcast live at www.whitehouse.gov/live.
The rest of the event will be live streamed at www.whitehouse.gov/demo-day. You can also follow along on Twitter at @OnboardDynamics @WhiteHouse @WhiteHouseOSTP #WHDemoDay.
You can reach Kelly by email at [email protected].