HEAT2POWER INC.

ANN ARBOR, MI · Founded 2024 · Energy · Private

Thermophotovoltaic (TPV) modules with air-bridge architecture that convert high-temperature thermal energy directly into electricity

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Updated · heat2power.com

Sector
Energy
Headquarters
ANN ARBOR, MI
Founded
2024
Latest Form D
$15.2M, Apr 2026
Total capital
$18.6M
Federal grants
$305K
1 award · 2026
Rank in peer group#28 of 32
Private capital raised
$18.2M
2 Form D · last Apr 2026
7 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

20252026FEDERAL ↑EQUITY ↓Cumulative $18.6M$305K1st Form D$3M2nd Form D$15.2M
20252026FEDERAL ↑EQUITY ↓Cumulative $18.6M$305K1st Form D$3M2nd Form D$15.2M

Latest events

  • Federal grantNSF · Phase I · SBIR Phase I: Upscaling Air-Bridge Thermophotovoltaics for Thermal Batteries$305K
  • Private capital raisedForm D · SEC · 2nd filing$15.2M
  • Private capital raisedForm D · SEC · 1st filing$3M

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 32 peers

Line = median

Energy · Device

  • Federal grantsBelow median

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

From SEC Form D filings
  • Andrej LenertExecutive Officer, DirectorNamed in SEC Form D filings
  • GREG OLSENDirectorNamed in SEC Form D filings
  • JOHN PRESTONDirectorNamed in SEC Form D filings
  • STEPHEN FORRESTExecutive Officer, DirectorNamed in SEC Form D filings

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

  • EARTHEN INC.Similar federal contract value in Energy · null in contracts
  • Stratocom Solutions Corp.Similar federal contract value in Energy · null in contracts
  • ENCOORD INCSimilar federal contract value in Energy · null in contracts
  • Antora Energy, Inc.Similar federal contract value in Energy · null in contracts
  • Radiant NuclearSimilar federal contract value in Energy · null in contracts
  • Voxel EnergySimilar federal contract value in Energy · null in contracts

Regulatory activity · Energy

Sector-level, not company-level

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 . SBIR and STTR awards through .