Our Story

Our Story

  • 1918

    patent website
    The invention of the Vuilleumier (VM) cycle from which the thermodynamic principles of TCHP™ would evolve.

  • 1960s

    nasa cropped
    From the early 1960s to the late 1970s, researchers at labs including the Technical University of Munich, Phillips Research, the U.S. Air Force, and NASA, built small VHPs for low-temperature cryogenic cooling applications.

  • 1991

    bve croppped
    The most comprehensive research program was completed by a collaboration between the Technical University of Dortmund and Bosch-Viessmann Energie (BVE) in the 1990s.

  • 2012

    ThermoLift founded by Peter Hofbauer and Paul Schwartz.
    The company was founded by Paul Schwartz, and Prof. Dr.-Ing. Peter Hofbauer in 2012 when informal discussions led to the realization that there was a tremendous unmet need in the HVAC industry.

  • 04/2013

    gen 1 cropped
    Work begins on Gen 1 – TCHP™ prototype, which would demonstrate the fundamental thermodynamics and unique thermal compression concepts of the system.

  • 08/2013

    ▪ DOE and NYSERDA funding $1.3 million
    ▪ Series A investor funding $1.7 million

  • 10/2015

    Work begins on Gen 2 – TCHP™ prototype, with thermodynamic concepts validated, the 2nd generation prototype focused on component optimization, improved system design, and utilization of low-cost production.

  • 02/2016

    Wells Fargo funding grant $250,000
    Wells Fargo funding grant $250,000.

  • 10/2016

    ORNL and NREL visit ThermoLift
    ORNL and NREL visit ThermoLift for inhouse testing of the Gen 2 TCHP prototype.

  • 12/2016

    Series A-1 investor funding $5.9 million.

  • 01/2017

    gen 3 croped
    Work begins on Gen 3 TCHP™ prototype, this generation focused on system, burner and mechatronic strategies to improve power and load response.

  • 03/2018

    Series B investor funding $8.2 million.

  • 07/2018

    Cold Cropped
    Demonstration test at ORNL achieved heating COP of 1.5 at 8˚C and natural gas driven cooling to -100°C (approximately -150°F).

  • 10/2018

    Work begins on Gen 4 TCHP™ prototype.
    Work begins on Gen 4 TCHP™ prototype.

  • 2019 (Planned)

    Field testing for near-production units.

  • 2020 (Planned)

    future cropped
    Initial production and sales.