Atom Power Awarded Job Development Investment Grant to Fuel Job Growth and Expansion in North Carolina

Growth in Huntersville expected to create over 200 jobs and grow the state economy by $817.9 million over the next 12 years

Huntersville, N.C. — May 9, 2023 — Atom Power, the pioneer in networked energy, was today announced as the recipient of the North Carolina Job Development Investment Grant by the state’s Department of Commerce. This grant coincides with the company’s expansion of its headquarters to a second office location in Huntersville, as well as a research and development facility in Raleigh. These milestones add to a year of momentous growth and demand for the company’s EV charging infrastructure, which included a $100M investment from SK Inc. and SK Energy in late 2022.

The expansion of Atom Power’s headquarters in Huntersville will include the development of an energy transition center where Atom Power’s EV charging solutions will be integrated with solar, battery, and switchgear systems to showcase the future of renewable energy to customers. The expansion in Huntersville complements the recently opened facility in Raleigh which focuses on continued research and development of Atom Power’s EV charging infrastructure.

“Atom Power is building technology that fundamentally reimagines the potential of our energy transition,” said Ryan Kennedy, CEO and co-founder of Atom Power. “Our expansion in North Carolina is a critical step in this journey — it enables us to expand our access to the community’s rich, vibrant talent pool and meet demand for our EV charging infrastructure now and in the future.”

The company’s growth in Huntersville will be fueled, in part, by North Carolina’s Job Development Investment Grant (JDIG), a performance-based incentive program that provides grants for companies that are investing within the state. Over the next 12 years, Atom Power stands to receive up to $1,198,500 based on hiring and performance targets. Atom Power anticipates investing roughly $4.2 million in the local market and creating over 200 jobs. In total, the project is estimated to grow the state’s economy by $817.9 million.

These milestones build on Atom Power’s mission to enable the intelligent electrification of everything. The company invented the world’s first UL listed and commercially available solid state digital circuit breaker. This invention is the backbone for the company’s Atom EV level 2 EV charging solution. Today, Atom Power has expanded its EV charging offerings to include on-site and cloud-based EV charging asset management as well as a complete energy management solution to better serve customers across fleets, multi-family properties, and other large-scale EV charging deployments.

To learn more information about employment opportunities, please visit atompower.com/careers.

About Atom Power

Atom Power created networked energy, the new standard for an electrified world. Our unified platform connects everything and everyone to amplify value for all. Through Atom EV solutions and services, we're reinventing how electric vehicles charge. Our purpose is to inspire possibilities, build trust, and deliver amazing. Atom Power is headquartered in Huntersville, North Carolina.

For more information, please visit atompower.com or follow us on LinkedIn.

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