FASTWATT LLC

Clifton Park, NY · Founded 2018 · Energy · Private

Compact power conditioner using wideband gap semiconductors and high frequency transformers for offshore wind turbines

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Updated Oct 23, 2026 · fastwatt.com

Sector: Energy
Headquarters: Clifton Park, NY
Founded: 2018
Total capital: $2.9M

Federal grants: $1.8M; 2 awards · 2020–2021; Rank in peer group#6 of 47
Private capital raised: None on recordNo Form D filings on SEC EDGAR. Some raises are not filed.
Federal contracts: $1.1M; 3 awards · Defense; Rank in Energy#119 of 998
Granted patents: None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

Latest events

Jul 2023Federal contractDefense · Research And Development$710K
Sep 2021Federal contractDefense · STTR Ph I$139K
Aug 2021Federal grantEnergy · Phase II · Compact power converter with high waveform quality for direct-drive renewable energy generators$1.6M
Jul 2021Federal contractDefense · Kickoff Briefing Materials & Fwa Cert.$240K
Jun 2020Federal grantEnergy · Phase I · Compact power converter with high waveform quality for direct-drive renewable energy generators$243K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 47 peers

Line = median

Energy · Device

Federal grants#6 · top 13%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

No founders are linked to this company yet.

Founders appear once a person is matched to the company through its own patents, grants or filings. We never infer people from social profiles.

Checked: USPTO inventors; federal award principal investigators; SEC Form D related persons · Oct 23, 2026

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What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

MULTISCALE SYSTEMS, INC.Similar federal contract value in Energy · $1.2M in contracts
INFINITY POWER LLCSimilar federal contract value in Energy · $1.1M in contracts
OPERANT NETWORKS, INC.Similar federal contract value in Energy · $1.1M in contracts
Solid EnergiesSimilar federal contract value in Energy · $1.1M in contracts
FORGE NANO, INC.Similar federal contract value in Energy · $1.1M in contracts
MagDrive Technologies, Inc.Similar federal contract value in Energy · $1.1M in contracts

Regulatory activity · Energy

Sector-level, not company-level

09 Jul 2026Air Plan Approval; Michigan; Redesignation and Maintenance Plan for the Partial St. Clair 2010 1-Hour Sulfur Dioxide (SO2) NAAQS Nonattainment AreaEnvironmental Protection Agency
02 Jul 2026Air Plan Approval; Delaware; 2006 24-Hour Fine Particulate Matter Limited Maintenance Plan for the Philadelphia Nonattainment AreaEnvironmental Protection Agency
02 Jul 2026Air Plan Approval; Oklahoma; Updates to the State Implementation Plan for New Source Review Permitting and General SIP ProvisionsEnvironmental Protection Agency
01 Jul 2026List of Approved Spent Fuel Storage Casks: NAC International, Inc., MAGNASTOR® Storage System, Certificate of Compliance No. 1031, Amendment Nos. 16 and 17 and Revisions to Amendment Nos. 0 Through 16Nuclear Regulatory Commission
30 Jun 2026Epyrifenacil; Pesticide TolerancesEnvironmental Protection Agency
30 Jun 2026Fluoxapiprolin; Pesticide TolerancesEnvironmental Protection Agency

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.