ATS Energy

ATS Energy Closes Financing to Build Waste-Heat Power Generators

Loveland – October 14, 2026 -- ATS Energy has closed a new financing round to fund commercial production of its Solid-State Generator (SSG), with the first commercial unit targeted for deployment by mid-2027. The Colorado company did not disclose the size of the round or the investors involved.

Capital targets thermoelectric cartridge production and the first commercial unit

Proceeds will fund production of ATS's proprietary thermoelectric cartridges, the core component of the SSG, and completion of the first commercial unit. The generator converts industrial waste heat directly into electricity without turbines or moving parts. ATS says the financing will shorten the time needed to produce and deliver later installations. The company aims to begin revenue-generating operations in 2027.