MTPV received the Top Pitch award for its breakthrough technology for converting heat to electricity using semiconductor chips as judged by several industry professionals, strategic partners and investors at SEMICON West’s Silicon Innovation Summit held in July of this year. Following a selective application process, MTPV and several other companies were selected to present their innovative technologies at the Summit.

MTPV creates semiconductor chips that covert heat directly into electricity. Much like a solar panel will convert sunlight into electricity, MTPV chips are able to convert any source of heat into electricity with breakthrough efficiency and power.

MTPV’s previous awards include "Best Venture" from the U.S. Department of Energy’s National Renewable Energy Laboratory Industry Growth Forum, the Platinum award and top honors from the WBT Innovation Technology Forum, and a National Innovation award from the National Innovation Summit & Showcase and National SBIR conference.

MTPV has also been named a finalist by the Department of Energy’s ARPA-e division and was awarded a grant from the National Science Foundation.

"We are happy to see MTPV’s continued recognition for its outstanding technology," said Annie Theriault, Vice President at Northwater Capital one of MTPV’s investors. "We are excited about the promise of MTPV’s award-winning, patented technology and its ability to provide a significant return on our investment."

SEMICON West is the flagship annual event for the global microelectronics industry. It is the premier event for the display of new products and technologies for microelectronics design and manufacturing, featuring technologies from across the microelectronics supply chain – from electronic design automation, to device fabrication (wafer processing), to final manufacturing (assembly, packaging, and test).