Battery Tech Startup on 'Cusp' of Bigger Things

Posted: Updated:
Go Electric located recently to the Purdue Polytechnic facility. Go Electric located recently to the Purdue Polytechnic facility.
ANDERSON -

The chief executive officer of Anderson-based Go Electric Inc. says the energy technology provider is "on the cusp of a major growth spurt." Lisa Laughner says a new, $1.7 million contract to provide a battery storage system for the microgrid at the Tooele Army Depot in Utah provides further validation for the startup. The deal with Perini Management Services Inc. is the second big defense-related contract for Go Electric, which also has utility and commercial & industrial divisions.

In an interview with Inside INdiana Business, Laughner says "every contract helps" as the six-year-old business builds its reputation. "For a young technology company like Go Electric to be now invited on two top-profile microgrid projects, that's significant," she said. "It's a testament to our engineering team and their patented technology and how well it works to keep bases energy-secure." The company will provide energy storage systems as well as engineering, design and commissioning services for this contract.

Go Electric just moved into a new, larger facility at the Purdue Polytechnic campus in Anderson, which doubled its previous footprint. Laughner says she has found great success finding talent in Madison County, crediting the legacy of skilled workers trained by the area's once-thriving automotive manufacturing industry.

Laughner believes "the future looks great" in the defense sector and says she's bullish on the prospect of additional work with military projects. She says energy security is one the U.S. Department of Defense's top priorities and any knowledge gained through changes or advancements with projects like the one at Tooele can be applied to the company's other units.

In an interview with Inside INdiana Business, Go Electric CEO Lisa Laughner says "every contract helps" as the six-year-old business builds its reputation.
  • Perspectives

    • Tax Planning: Now’s the Time to Tackle It!

      Year-end is still months away, but smart investors have already begun their tax planning. Spending time analyzing your capital-gain situation could benefit you come next April 15th, no matter what investment vehicles you use - individual securities, mutual funds, exchange traded funds, or others. Here's how…

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Wesemann Hall at the Valparaiso University Law School (photo courtesy Tony V. Martin/The Times of Northwest Indiana)

      Valpo School of Law Transfer Denied

      A proposal to transfer Valparaiso University's law school to another university has been shot down. The Tennessee Higher Education Commission has denied the transfer to Middle Tennessee State University, which would have led to the creation of a College of Law at the school. 

    • Harris Corp. employs nearly 500 at its Fort Wayne facility.

      Planned Defense Mega-Merger Involves Fort Wayne Operation

      A defense industry contractor with a presence in Fort Wayne has announced a merger agreement. Florida-based Harris Corp. (NYSE: HRS) and L3 Technologies Inc. (NYSE: LLL) in New York say the combination will create the sixth-largest defense company in the country. In early-2015, Harris completed the $4.75 billion acquisition of Exelis, a long-time manufacturer of military radio technology in Fort Wayne. Shortly after the acquisition, Harris consolidated...

    • Henkel Corporation Acquires Muncie-Based Company

      Muncie-based Magna-Tech Manufacturing has been acquired by Henkel Corporation. Henkel is the U.S. subsidiary of Henkel AG &Co. KGaA in Germany.
    • Daniels Envisions Purdue, Region as 'Cooler Place'

      Purdue University President Mitch Daniels says a more than $1 billion live, work, play development on the West Lafayette campus will be a magnet for attracting and keeping top talent in the region. The Discovery Park District is part of a 30-year vision to transform the west side of the Purdue campus and create a "preeminent environment" for educational, economic, cultural and community activities in the region.

    • More Indiana Sears, Kmart Stores to be Cut

      Multiple Sears and Kmart stores throughout Indiana will be victims of the latest round of closures prompted by the parent company's bankruptcy filing. Illinois-based Sears Holdings Corp. (Nasdaq: SHLD) says a total of 142 locations will be shuttered as part of efforts to return to longterm profitability and competitiveness. Liquidation sales are slated to begin soon and the stores are expected to close by the end of the year. In its most recent earnings report, the company announced...