ARPA-E tracks key early indicators that help illustrate how the advanced R&D funded by the Agency can potentially turn into commercial impact, including private-sector follow-on funding, new company formation, partnership with other government agencies, publications, inventions, and patents. ARPA-E recently announced that many of its project teams have continued to advance their technologies: 92 new companies have formed; 242 licenses have been issued for ARPA-E tech; 242 have partnered with another government agency; and 181 teams have together raised more than $5.4 billion in private-sector follow-on funding to continue to advance their technology toward the market. Moreover, ARPA-E projects have helped advance scientific understanding and technological innovation through 4,871 peer-reviewed journal articles and 751 patents issued by the U.S. Patent and Trademark Office. After over a decade, ARPA-E is starting to count exits through public listings, mergers, and acquisitions. ARPA-E has 14 exits as of May 2021, with a total reported value of $3.9 billion at the time of the deals. These indicators demonstrate that ARPA-E’s approach to selecting, funding, and actively managing early-stage energy R&D continues to pay off, advancing the state of the art in energy science and engineering and defining new opportunities for commercialization of advanced energy technologies.
As mandated by ARPA-E’s authorizing statute, the National Academy of Sciences completed in June 2017 a review of ARPA-E that provides an independent assessment of the impact of the agency over its first few years of operation. The report can be accessed on the NAS website here.
Since 2009, ARPA-E has provided approximately $2.79 billion in R&D funding for more than 1,190 potentially transformational energy technology projects. ARPA-E analyzes and catalogues some of the Agency’s most successful projects through its “impact sheets,” which explore a sampling of individual projects and their achievements.
The Agency’s first compilation booklet of impact sheets was published in 2016, a second volume was released in 2017, and a third volume in 2018. Click the thumbnails below to learn more and download a PDF copy.
Published: August 2016
Published: February 2017
Published: May 2018