About

Team

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Leadership Team

Advisors

History

The Verne Story

The Verne co-founders, Ted, David, and Bav, founded Verne to develop higher-density, more efficient hydrogen storage for Class 8 hydrogen trucks.

Verne set records for hydrogen storage and  conducting on-vehicle demonstrations with two major vehicle OEMs.

However, demand for power access from critical industries became too large to ignore. Growth in data centers, electric vehicle fleets and other critical industries is being held back by lack of power access.

In 2024, Verne pivoted our focus to providing power in off-grid locations using efficient, low-carbon fuels. Verne delivers energy where it is needed, when it is needed to keep these critical industries running.

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Bringing innovation to scale

Recent Press

Governor's Press Office

Verne announces new Pennsylvania manufacturing facility with Governor Shapiro

July 2025

Muncy, PA, July 10, 2025 - Governor Shapiro announced the establishment of Verne’s new manufacturing facility in Muncy, PA. Verne will produce storage vessels for efficiently transporting hydrogen and other low-carbon molecules. The project will create 61 new jobs in Lycoming County and establish a domestic supply of critical energy storage infrastructure.

Energy demand is growing rapidly in sectors including data centers, robotics and advanced manufacturing. The nation’s aging electricity grid is struggling to meet the growth in energy demand and is constraining the growth of businesses in these key sectors. Verne has developed energy solutions to flexibly and efficiently deliver power to data centers, construction sites, ports, airports and other critical sectors. Establishing this manufacturing facility will allow Verne to scale up our production and deploy energy solutions that keep these critical industries running.

“After conducting a nationwide search, we determined that North Central Pennsylvania was the perfect place to establish our manufacturing footprint. The proximity to key partners in the region was a crucial factor, as it will allow Verne to leverage their expertise to optimize our supply chain and manufacturing processes,” said Ted McKlveen, Verne Co-founder & CEO. “This facility will accelerate our impact in delivering energy to power critical industries that are currently not being served by our nation’s electricity grid.”

Verne received $1.27 million in support from the Commonwealth of Pennsylvania: “This investment in Verne is another example of how the Shapiro Administration is diversifying our energy sector while fostering innovation and supporting the Commonwealth’s vital manufacturing industry,” said DCED Secretary Rick Siger. “It also shows what Governor Shapiro’s 10-year Economic Development Strategy is achieving — firmly establishing Pennsylvania’s status as a leader in innovation, economic development, and job creation.”

Verne is thankful for the support of Governor Shapiro, the Pennsylvania Department of Community and Economic Development (DCED), and the Williamsport/Lycoming Chamber of Commerce for this development.

Read more: https://dced.pa.gov/newsroom/governor-shapiro-announces-4-5-million-investment-from-energy-storage-innovator-verne-inc-to-build-its-first-manufacturing-facility-in-lycoming-county-creating-61-jobs-and-growing-pennsylvania/

 

About Verne

Verne’s mission is to decarbonize the most challenging sectors of the economy. Verne provides modern and rapidly deployable power solutions to critical sectors including data centers, construction sites, ports, and airports. Verne is supported by Amazon’s Climate Pledge Fund, Breakthrough Energy Fellows, Caterpillar VC, NextEra Energy Resources, United Airlines Ventures Sustainable Flight Fund, Collaborative Fund, ARPA-E, The U.S. Army, and other leading organizations.

Hydrogen Fuel Cell Partnership

Hydrogen Village at Sacramento

April 2022

The Verne team was pleased to join the inaugural CaFCP Hydrogen Village at the Sacramento State Capitol. It's great to see steady progress from Hyundai, Toyota, Kenworth, Cummins, Nikola and Hyzon on their H2 tech for zero-emission Class 8 trucks.

Thanks to the California Fuel Cell Partnership for organizing the day and to our friends in the H2 industry for swinging by to say hello.

Forbes

Verne founders named Forbes 30 Under 30 Energy

December 2021

The Verne co-founders are honored to be recognized on the Forbes 30 under 30 Energy list. We are grateful to the wider Verne community for your support as we build a zero-emission future for heavy duty transport

https://www.forbes.com/30-under-30/2022/energy?profile=verne

Breakthrough Energy

Verne co-founders selected as Breakthrough Energy Fellows

October 2021

Recognizing that the world can’t reach net-zero emissions by 2050 with existing technologies alone, the Breakthrough Energy Fellows (BE Fellows) program works with the best and brightest scientists, engineers, business experts, and teams from around the globe. The BE Fellows program provides early investment and support needed to accelerate the path from innovation to commercialization.

The 2021 inaugural BE Fellows cohort comes from leading research and business institutions in North America, Europe, and New Zealand, and will receive support from Breakthrough Energy to foster groundbreaking climate innovations in electrofuels, cement, steel, hydrogen, and fertilizer.

Ted, David and Bav at Verne will specifically use their BE Fellows support to reduce emissions in one of the hardest sectors to decarbonize — heavy-duty transportation.

This new program is part of the Breakthrough Energy network, founded by Bill Gates.


The Engine

Verne joins The Engine's Blueprint program

September 2021

The Verne team is excited to join the Fall 2021 cohort of The Engine's Blueprint program.

Rocket Fund

Verne receives Caltech Rocket Fund award

July 2021

In exciting news Verne has received the 2021 California Institute of Technology (Caltech) Rocket Fund award! The funds will support an on-road demonstration project for Verne's proprietary high-density hydrogen storage system.

Thank you to the Rocket Fund team for their support, including Stephanie Yanchinski.

Congratulations also to the 6 other winners: Aeroshield Materials, Brimstone Energy, Induction Food Systems, NeoCharge, RePurpose Energy and Sensible Storage.

Washington Examiner

Biden administration & industry see hydrogen as the 'Swiss Army knife' for deep decarbonization

April 2021

Increasingly industry and government are investing in hydrogen technology as a pathway to decarbonizing some of the hardest-to-abate sectors, including heavy-duty trucking, marine shipping, and industrial manufacturing.

This month President Joe Biden proposed funding for 15 “decarbonized hydrogen demonstration projects” as part of his $2.3 trillion infrastructure plan. USA joins a growing number of countries that are investing heavily in a hydrogen economy.

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