Wiscasset company gets $2.2M to expand, commercialize high-tech turbine engine
March 22, 2018
Peregrine Turbine Technologies is gearing up for what CEO David Stapp calls a “disruptive” technology that creates electricity efficiently from fossil fuels or biomass pellets.(Reprint from Bangor Daily News 3/22/2018) – An entrepreneurial company in Wiscasset that is developing a sophisticated turbine engine that can use multiple fuels has raised $2.2 million to add staff, buy manufacturing equipment and set up a factory. Read more here.
