What Happened?
Cambridge, MA-based Advent Technologies has Appointed Emory S. De Castro as Chief Technology Officer
Date of management change: December 18, 2013
Cambridge, MA-based Advent Technologies has Appointed Emory S. De Castro as Chief Technology Officer
Advent Technologies is a world leader in the development of new materials and systems for energy applications. Specifically, Advent Technologies is dedicated to commercialize the technology of high temperature membrane-electrode-assemblies (HT MEAs) and to scale up manufacturing to the level that covers existing and near future demands. In addition, the Company possesses world class technology in the area of materials for organic photovoltaic applications (OPVs) and organic optoelectronic materials in general. Our commercialization strategy is not only to manufacture but also to enter into licensing agreements, joint ventures and joint development agreements with volume manufacturers and global players in the renewable energy arena and generate revenue from multiple sources. Advent Technologies is headquartered in Hartford Connecticut USA. The company also occupies research and development space in Patras, Greece where pilot manufacturing is taking place. The combination of these two locations offers the ability to perform cutting edge development of the technology in collaboration with scaled up manufacturing to support the individual needs of our partners and customers. The company also has a number of patents and patent applications with the US Patent Office and Patent Offices Worldwide to protect its core HT MEA and OPV technologies. The company was founded in 2005 from scientists from the Foundation for Research and Technology Hellas and the University of Patras. To date, Advent has raised capital from institutional investors (Connecticut Innovations, Piraeus Capital Management, Dolphin Capital PLC etc), industrial partners (Systems Sunlight S.A., Velti PLC, ILPRA S.A.) as well as private investors. Significant funding has also been received from the Greek General Secretariat for Research and Technology as well as the European Union through a series of competitive research grants.
Prior to joining Advent, Emory S. De Castro was a Vice President, Business Management and the site manager for BASF Fuel Cell Inc. in Somerset NJ. At BASF Dr. De Castro led marketing and sales, business development, quality control, and R&D direction all cumulating in nearly a four-fold increase in revenues. As the Executive Vice President at the E-TEK Division, De Nora North America he managed operations, created a global brand, and expanded the organisation’s fuel cell component business in Asia and Europe. Dr. De Castro has over twenty patent applications spanning fuel cell materials and catalysts, electrochemical technology, sensors, and a beer bottle cap that extends shelf life. He is the recipient of the 2013 Department of Energy Award for Manufacturing R&D in lowering the cost of gas diffusion electrodes and the 2005 ECS New Technology Award to E-TEK Division, for introducing and commercialising a new electrolysis technology. Emory De Castro received his Ph.D. from the Department of Chemistry at the University of Cincinnati and a B.S. in Chemistry from Duke University.
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