INDUSTRIAL & ENERGY TECHNOLOGY DECEMBER 2019 THE EFFICIENT FIFTY THE LEADING PRIVATE COMPANIES IN INDUSTRIAL AND ENERGY TECHNOLOGY Copyright: Shutterstock\Immersion Imagery Joseph A. Osha, CFA Hilary Cauley, CFA [email protected] [email protected] 415.835.8998 415.835.8996 FOR DISCLOSURE AND FOOTNOTE INFORMATION, REFER TO JMP FACTS AND DISCLOSURES SECTION. INDUSTRIAL & ENERGY TECHNOLOGY TABLE OF CONTENTS Introducing the Third Annual Efficient Fifty .......................................................................................................................................... 3 AEye .................................................................................................................................................................................................. 10 AMS .................................................................................................................................................................................................. 11 Apeel Sciences .................................................................................................................................................................................. 12 Arcadia Power ................................................................................................................................................................................... 13 Aurora Innovation .............................................................................................................................................................................. 14 AutoGrid ............................................................................................................................................................................................ 15 BreezoMeter ...................................................................................................................................................................................... 16 ChargePoint ...................................................................................................................................................................................... 17 ecobee............................................................................................................................................................................................... 18 Element Analytics .............................................................................................................................................................................. 19 Enbala ............................................................................................................................................................................................... 20 EnergySage ....................................................................................................................................................................................... 21 Eos Energy Storage .......................................................................................................................................................................... 2 2 Falkonry ............................................................................................................................................................................................. 2 3 Farmers Business Network ............................................................................................................................................................... 24 FLEXE ............................................................................................................................................................................................... 25 Generate Capital ............................................................................................................................................................................... 26 Greenwave Systems ......................................................................................................................................................................... 27 Gridium .............................................................................................................................................................................................. 28 Innoviz ............................................................................................................................................................................................... 29 Innowatts ........................................................................................................................................................................................... 30 INRIX ................................................................................................................................................................................................. 31 K2 Energy .......................................................................................................................................................................................... 32 Kespry ............................................................................................................................................................................................... 33 Kinestral ............................................................................................................................................................................................ 34 LevelTen Energy ............................................................................................................................................................................... 35 Lumotive ............................................................................................................................................................................................ 36 Nikola ................................................................................................................................................................................................ 37 Nuro .................................................................................................................................................................................................. 38 Orbital Insight .................................................................................................................................................................................... 39 OSIsoft .............................................................................................................................................................................................. 40 Ouster................................................................................................................................................................................................ 41 Peloton Technology ........................................................................................................................................................................... 42 Planet ................................................................................................................................................................................................ 43 Proterra ............................................................................................................................................................................................. 44 Quanergy ........................................................................................................................................................................................... 45 Redaptive .......................................................................................................................................................................................... 46 Rivian ................................................................................................................................................................................................ 47 1 INDUSTRIAL & ENERGY TECHNOLOGY Seeq .................................................................................................................................................................................................. 48 Sentient Energy ................................................................................................................................................................................. 49 SparkCognition .................................................................................................................................................................................. 50 Stem .................................................................................................................................................................................................. 51 T-REX................................................................................................................................................................................................ 52 TuSimple ........................................................................................................................................................................................... 53 Uplight ..............................................................................................................................................................................................