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Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Devices & Equipment
novinium.com

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Founded Year

2003

Stage

Series D | Alive

Total Raised

$25.88M

Last Raised

$19.73M | 7 yrs ago

About Novinium

Novinium and its partners deliver formulations and methods to extend the reliable life of underground cable systems. Novinium's technology solutions address circuit owners' infrastructure problems at a fraction of the cost of existing methods, save energy, save natural resources, and reduce greenhouse gases by eliminating the need for additional production of copper and polymers for new cables.

Novinium Headquarter Location

1221 29th Avenue, NW Suite D

Auburn, Washington, 98001,

United States

206-529-4828

Latest Novinium News

Oncor receives Novinium Environmental Stewardship Award for second consecutive year

Sep 16, 2018

873 views Novinium, provider of electrical cable rejuvenation for power utilities, presented an Environmental Stewardship Award to Oncor Electric Delivery, at their headquarters in Dallas, Texas. The Environmental Stewardship Award was established by Novinium to honor the environmental commitment of electrical utilities that choose rejuvenation of their electrical cables over replacement of their aging, underground power networks. Based on the number of meters of electrical cable rejuvenated in 2017 and the resulting CO2 mitigation, Oncor is only one of ten in North America being presented this award. Rejuvenating existing electrical cable allows it to be recycled in place, eliminating the waste created by otherwise abandoning and replacing failing electrical cable. “Our mission at Novinium is to help the electrical industry rehabilitate its aging infrastructure at a fraction of the capital cost of replacement and to do so in a way that is safer and more environmentally friendly than replacement alternatives,” said Glen Bertini, CEO of Novinium. “This award recognizes the commitment by electrical utilities to choose a solution that is good for the planet and their clients.” In 2017, Oncor rejuvenated more than 993,000 feet of underground power cables mitigating 10,061 metric tons of CO2 that would have otherwise been released into the environment. This is more than 94,000 feet. In 2016, Oncor rejuvenated more than 899,000 feet of underground power cables mitigating 8,430 metric tons of CO2. “We are honored to once again be recognized by Novinium for our efforts in environmental sustainability,” said Ray Averitt, Senior Director of Environmental Services. “Oncor has a long history of acting sustainably and finding innovative ways to protect our environment, and we are grateful to have their support as we continue these efforts.”

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Novinium Patents

Novinium has filed 42 patents.

The 3 most popular patent topics include:

  • Fluid dynamics
  • Electrical engineering
  • Power cables
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/27/2018

12/28/2021

Chemical processes, Polyolefins, Analytical chemistry, Industrial gases, Mass spectrometry

Grant

Application Date

12/27/2018

Grant Date

12/28/2021

Title

Related Topics

Chemical processes, Polyolefins, Analytical chemistry, Industrial gases, Mass spectrometry

Status

Grant

Novinium Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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