Transient Plasma Systems (TPS) is a technology company.
Transient Plasma Systems (TPS) has raised $9.0M across 1 funding round.
Transient Plasma Systems (TPS) has raised $9.0M in total across 1 funding round.
Transient Plasma Systems (TPS) is a technology company based in Torrance, CA, that designs and manufactures nanosecond pulsed power systems, including its proprietary N3P technology, for commercial, industrial, and research applications.[1][2][6] These systems enable plasma-based solutions in areas like combustion enhancement, emissions remediation, surface treatments, medical devices, agriculture, and bio-electrics, addressing limitations of traditional plasma tech such as high energy demands and vacuum requirements by delivering compact, efficient pulses.[1][2][3] TPS serves engine manufacturers, aerospace firms, research institutions, and industries seeking reduced emissions, better fuel economy, and innovative plasma applications, with products like plasma ignition systems that cut NOx emissions by over 50% and support plug-and-play integration.[4][5]
Founded in 2009 as a USC spinout, TPS has gained traction through Department of Defense support, DOE and CEC grants totaling millions, venture capital, strategic partnerships with engine makers, and validations from labs like Sandia National Labs, positioning it for commercial expansion beyond lab tools into markets like natural gas engines and beyond.[3][4][5]
TPS traces its roots to the University of Southern California (USC), where its foundational nanosecond pulsed power technology was developed over a decade with significant Department of Defense funding, starting from breakthroughs in the early 1990s by Prof. Martin Gundersen's research group.[1][2][3][5] Key milestones include first patents in the 1990s, initial ignition experiments around 2001-2004, emissions and engine tests on cars and aircraft by 2006, and miniaturization efforts by 2009, culminating in peer-reviewed publications and third-party validations.[5]
The company was spun out of USC in 2009 by researchers from Gundersen's group, including co-founder Dan Singleton (Ph.D., current CEO) and Jason Sanders (Ph.D., Chief Research Scientist), leveraging 50+ years of cumulative pulsed power expertise to commercialize the tech for military and civilian markets.[3][4][5] Early traction came quickly: entering the market with lab products, securing a $1M CEC grant in 2013, DOE awards, VC funding, and partnerships with aerospace and engine firms by 2014-2016, transitioning from a garage operation to an office with employees.[5]
TPS rides the wave of advanced plasma technology for decarbonization and efficiency, aligning with global pushes for low-emission engines, sustainable manufacturing, and green agriculture amid tightening regulations on NOx and fuel use.[4][5] Timing is ideal post-2009 commercialization, fueled by DoD investments, government grants (e.g., DOE SBIR for dilute-burn engines saving $80B/year in fuel), and rising demand for electrification alternatives in hard-to-abate sectors like heavy-duty transport and industry.[4][5]
Market forces favoring TPS include miniaturization enabling scalable plasma apps, validations from Sandia and universities boosting credibility, and partnerships accelerating adoption in aerospace and engines.[3][5] It influences the ecosystem by pioneering transient plasma for emissions tech, potentially licensing platforms for health (e.g., dental sterilization) and beyond, bridging defense R&D to commercial cleantech.[1][4]
TPS is poised to scale from lab-grade tools to widespread commercial plasma ignition and treatment systems, targeting engine OEMs and expanding into agriculture/medical via strategic licensing and Phase IIB SBIR follow-ons.[4] Trends like net-zero mandates, AI-optimized combustion, and plasma's role in hydrogen economies will propel growth, with its compact U.S.-made edge differentiating against energy-hungry rivals. Influence may evolve from niche innovator to ecosystem enabler, powering emissions breakthroughs that echo its USC origins—delivering the pulse for a cleaner industrial future.[2][5][6]
Transient Plasma Systems (TPS) has raised $9.0M in total across 1 funding round.
Transient Plasma Systems (TPS)'s investors include Kairos Ventures.
Transient Plasma Systems (TPS) has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series A in February 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2019 | $9.0M Series A | Kairos Ventures |