Zankit, on online classified ad firm that thinks it has a better solution than Craigslist, was hatched only last month and
plans a late-July launch. It’s the product of six strangers who met at Indianapolis Startup Weekend just last month.
The future of electric-powered automotive transportation is already sitting in the showroom of the Indianapolis Smart car
dealership at 4000 E. 96th St. It’s a European version of the plug-in Smart.
Central Indiana might be in line to tap hundreds of millions of dollars in federal grants and loan guarantees to energize
the rollout of plug-in electric cars and trucks. Both chambers of Congress are considering measures that would require the
Department of Energy to select up to 15 cities nationwide to participate in a national electric vehicle deployment program.
Wabash-based ClearFlex Automotive is using off-the-shelf technology to design a 2010 Ford Focus plug-in electric vehicle,
powered entirely by lead acid batteries. The company is gearing up for initial production of up to three vehicles a day.
Pressure is building on Duke Energy to contain costs of its controversial Edwardsport generating plant in southwestern Indiana,
following the company’s recent disclosure that the price tag will soar by $530 million—likely boosting average
customer
rates in Indiana by 3 percent.
Expecting to be burned by greenhouse gas legislation that will make electricity generated from coal costly, Indianapolis Power
& Light is studying whether to buy power from two hydroelectric projects proposed for the Ohio River, near Evansville.
A firm that may have developed a breakthrough yeast for ethanol production has landed new investment and high-octane board
members. Two-year-old Xylogenics Inc. also says it plans to license its first bioengineered yeast later this year.
Carmel’s virtual Disney World of new, high-density attractions—from the mixed-use City Center to the Carmel Arts and Design
District—were built with walking and biking access in mind. A recently completed study shows the potential to link numerous
other city destinations by multiple forms of transportation.
With $1.3 million in annual sales, Indianapolis-based Slingshot generates enough cash to fund its own growth—and turns away about half of its prospective clients, all of whom want to get their websites to pop up high on the first page of Google search results.
Having invested in 10 companies since 2005 and with its $6 million pot of money running low, the Indiana Seed Fund is nearing
a crossroads.
Carmel-based CarCheckup LLC has created a cell-phone-size device that plugs into a car’s “OBD II” diagnostic port to track
a plethora of data, such as speed ranges, graphs of RPM, and numbers on how hard the car accelerated and braked. The company
is marketing the device to parents of teen drivers, among others.
Former collaborator alleges firm breached its agreement with him and refused to pay royalty income.
The firm was a pioneer in the energy savings niche more than a decade before green became cool or was perceived to be a viable
market.
In the past few years, a handful of cold storage facilities have sprouted locally by playing to Indianapolis' strengths
in warehousing and life sciences.
Indianapolis International Airport sees first rise in passenger traffic in almost three years.
The 12-person firm led by CEO Scott McLaughlin recently “graduated” from five years at the Indiana University Emerging Technologies Center
and finished a profitable year.
Companies in the health care supply chain need to engage in more strategic, long-term preparation even as the industry faces
uncertainties and upheaval, MIT expert tells local conference attendees.
The AARP says IPL "perverted" a promise to its retirees regarding post-retirement benefits. The retirees have appealed their case to the Indiana Supreme Court.
INDOT plans to put a traffic signal on a well-known west-side shortcut from Interstate 465 southbound to I-70 East, a move
stemming from the rebuilding of Sam Jones Expressway.
Veolia Water is contesting three "serious" safety penalties involving a gas line strike. IOSHA alleges utility failed
to instruct employees and properly determine location of lines.
