Rebound Technologies Awarded a National Science Foundation Phase II SBIR Grant for Continued Refrigeration Research

Sep. 22, 2015

Rebound Technologies
Contact: Kevin Davis, CEO
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Rebound Technologies, Inc. was awarded $748K by the National Science Foundation to continue developing its IcePoint™ technology, a commercial refrigeration system that saves commercial users up to 60 percent on their freezer operating costs.

National Science Foundation

The National Science Foundation has awarded $748K to Rebound Technologies to continue developing its IcePoint™ technology.

To successfully complete the 2-year project, Rebound is teaming up with Southern California Edison (SCE), Whole Foods and CTA Architects Engineers help to design, build, validate and demonstrate a commercial scale IcePoint™ system.

“Our approach is revolutionary in that we’re trying to finally create an alternative to a conventional, energy-intensive cooling technology that’s been around for 160 years,” said Russell Muren, CTO and Co-Founder of Rebound Technologies. “The steps required to ensure reliability require strong partnerships.”

Rebound has been in discussions with SCE and Whole Foods for the past two years in anticipation of a potential collaboration.

“Whole Foods is always interested in exploring new technology and IcePoint™ performance figures are attractive,” said Marc Saba, Sustainable Facilities Coordinator at Whole Foods. “Rebound’s progress to date is impressive. We look forward to contributing to the development and validation process.”

“Whole Foods is always interested in exploring new technology and IcePoint™ performance figures are attractive”

Scott Mitchell, from SCE is excited about the opportunity.

“Innovation in the refrigeration sector is desperately needed, but reliability is obviously critical” said Mitchell. “Rebound is taking the right steps by bringing on CTA to provide industrial engineering support while relying on our Thermal Technology Test Center to provide third party validation services. The SCE team is excited to get our hands on some new technology with the potential to improve energy efficiency and shift peak loads.”

Related:

Jan. 13, 2014

Colorado-based Rebound Technologies was awarded a Small Business Innovation Research (SBIR) grant by National Science Foundation (NSF) to develop IcePoint, a refrigeration cycle using energy storage to help save supermarkets 65% on their low-temperature cooling costs.

IcePoint™ creates ice at night—during what utilities typically call “off-peak” hours—when demand for electricity is low and prices are less expensive. As the ice melts, it mixes with a freeze suppressant to create a -22°F fluid that maintains freezer temperatures throughout the day.

The mixture is eventually separated into pure water and freeze suppressant, reusing both as the closed-loop cycle continues.

According to Muren, testing indicates the IcePoint™ design uses 40 percent less energy than conventional systems while achieving additional cost savings by capitalizing on lower “off-peak” power rates.

Related News & Events: 
Jul. 21, 2017

Rebound Technologies' IcePoint™ is the first major innovation in refrigeration in 100 years. Its use will address an enormous problem: the 1.3 billion tons of food that is lost or wasted yearly. It allows users to freeze more food in less time, all while using up to 40% less energy.

Nov. 29, 2016

Congratulations to Rebound Technologies on their recently announced 2017 project with Lineage Logistics, the second largest cold storage company in the US. The project will focus on economically optimizing IcePoint™ for industrial use and pave the way for future cold storage warehouse deployments.

Nov. 29, 2016

Here's another milestone for Rebound Technologies: Southern California Edison's Thermal Test Center has begun third party validation testing of an IcePoint™ demonstration unit! This testing allows Rebound the opportunity to evaluate IcePoint™ cooling performance in various climate conditions.