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Denver Mayor Michael B. Hancock joined Alex Burney, CEO of RavenBrick, Tuesday for a ribbon-cutting ceremony at the company’s headquarters in Denver. The ceremony marked the unveiling of the new automated line for mass production of RavenWindow.
According to the company, the launch of the automated line signals “an evolution in energy efficient windows, the first of its kind since the introduction of low-E windows in the 1990s.”
RavenWindow is a thermochromic filter that manages solar heat gain by transitioning to a tinted state during hot conditions. In addition to managing solar heat during summer months, its adaptive technology is designed to allow solar heat through windows during cold conditions.
“Denver’s cleantech and manufacturing sectors are growing stronger thanks to the innovations of forward-moving companies like RavenBrick,” says Hancock. “I applaud the firm for its success in creating good, middle-skill jobs while expanding its production volume for commercial and residential applications around the globe.”
RavenBrick presented the mayor with a ceremonial check commemorating the firm’s recent payoff of a $275,000 small business loan provided by the Denver Office of Economic Development. Provided in 2011, the business expansion loan was leveraged to secure nearly $10 million in venture capital and federal and state financing.
In addition to the mayor’s appearance, key investors, members of Denver’s office of economic development, Chris Sheppard, Director of Colorado Cleantech Industry Association and Marcy Grossman, Canadian Consul General in Denver were at the event.
