Congressman Tim Ryan Praises Partnership Between Tech Belt Energy Innovation Center and Hyperion Motors
Warren, OH – Congressman Tim Ryan (OH-13) praised a new partnership between Tech Belt Energy Innovation Center (TBEIC) and Hyperion Motors. A hydrogen car company based out of Orange, California, Hyperion Motors is developing a car that can drive 400 miles and refuel in three minutes. During an event in Warren, Hyperion Motors gave a high level presentation of their product and signed a Client Engagement Letter to signify officially setting up shop in Warren. Hyperion Motors CEO Angelo Kafantaris is a Mahoning Valley-native originally from Warren, Ohio.
“Hyperion Motors has a product that has the potential to create an earthquake in the automotive industry. I applaud Hyperion Motors CEO Angelo Kafantaris and TBEIC President and CEO Rick Stockburger for bringing this company to the Mahoning Valley. This type of deal is exactly why we broke ground on TBEIC nine years ago and invested in green energy innovation and entrepreneurship. Every day we’re attracting more and more startups to the Mahoning Valley, spurring job creation, and changing the trajectory of traditional manufacturing. I look forward to seeing the growth of Hyperion Motors and am excited for TBEIC to continue making waves in the Valley,” said Congressman Tim Ryan.
“Hyperion Motors wants to be here because of the technology ecosystem that is emerging in the Mahoning Valley. Being on the forefront of Additive Manufacturing with YBI and America Makes and Energy Storage and IoT with TBEIC we have an opportunity to continue positioning ourselves as a great place to develop technology companies,” said Rick Stockburger, President and CEO of TBEIC.
Through his position on the House Appropriations Committee, Congressman Ryan was instrumental in the development of TBEIC by securing $2.2 million in the FY2010 federal spending bill for the “greening” of the facility they occupy in Warren.