• 23 October 2020 •

Spectronik is named in Cleantech Group's New 50 to Watch List.

The 2020 50 to Watch is the second annual list of the top early-stage private companies delivering innovative solutions to combat the climate crisis. The entrepreneurs in the list are creating new technologies and business models that could solve the plastics crisis, regenerate soils, seed new forests, create climate-positive buildings and end desertification.

"We are honored to be recognized as one of the companies with innovative solutions to combat global warming and carbon emissions. Clean energy vehicles - powered by Spectronik's Hydrogen fuel cells, will soon be seen on the road as we attempt to contribute to the decarbonization of the mobility sector," said Jogjaman Jap, Chief Executive Officer of Spectronik.

“Despite a worsening climate crisis and inaction from world leaders, this year’s 50 to Watch companies show us that with dedication and innovation, a climate-positive future is possible,” said Jules Besnainou, Director Cleantech Group.

To arrive at the companies on the list, Cleantech Group put together a diverse panel of more than 30 early-stage investment and innovation experts from five continents. The Expert Panel nominated the companies they were most impressed with, focusing on innovative solutions to the climate crisis. Next, those nominations were combined with Cleantech Group nominations and added to research on early-stage public awards. The resulting 500 nominations were put through qualitative and impact filters. All nominations were weighted according to their relevance, keeping a sectoral and geographical balance. A shortlist of 150 companies was agreed. The Expert Panel then reviewed and scored this shortlist to arrive at the final 50.

• The complete list of 50 companies was revealed on 23 October 2020
• For detailed information on Spectronik's outlook as an innovator, visit Cleantech Group’s market intelligence platform i3 and search for Spectronik.
• Download the report

About Cleantech Group

Cleantech^® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.

MEDIA CONTACT:
Kristin Macdonald

Cleantech Group
Email: Kristin.Macdonald@cleantech.com