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Onboard Dynamics Gets $3M For CNG Refueling Technology

Bend, Oregon-based Onboard Dynamics, a developer of technology which converts natural gas into compressed national gas (CNG) for vehicles, has raised $3M in funding, the company said today. The funding came from the U.S. Department of Energy's Advanced Research Projects Agency - Energy (ARPA-E), Portland Seed Fund, NW Natural and other utilities and private investors. The startup, led by Rita Hansen, says it is developing CNG compressor technology which is so economical, it can be mass deployed at locations--and even within vehicles--to overcome hurdles with the lack of CNG infrastructure for natural gas vehicles.


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