Collaborations and Acquisitions:
TEXEL was founded through the acquisition of the rights to a unique Stirling engine technology, originally developed by Ford Motors in collaboration with the military submarine manufacturer Kockums. This acquisition formed the cornerstone of TEXEL's innovative approach. Shortly after, TEXEL broadened its technological portfolio by acquiring Stirling Energy Systems and Maricopa Solar in Arizona, fostering a fruitful collaboration with the U.S. Department of Energy's (DOE) Solar Laboratory, SANDIA National Laboratory.
Building on these strategic partnerships, TEXEL established an exclusive collaboration with Savannah River National Laboratory (SRNL) and Curtin University in Perth, Australia. TEXEL’s development strategy has also been marked by a series of acquisitions, including the main assets of two Nasdaq-listed companies. These additions further align with TEXEL’s long-term objectives for sustainable energy solutions.