1. Solazyme (Positive) – One of the few advanced fermentation companies generating revenue today, Solazyme is aligning partners and scaling production facilities to sell into high value markets before bringing down costs to compete in commodity fuels and chemicals.
2. EOS (Positive) – A leader in the burgeoning 3D printing space, EOS boasts a long list of development partners and employs a savvy business model that includes selling “optimized” raw material input powders at very high margins to go along with laser sintering tools.
3. Vigilent (Positive) – Vigilent’s artificial intelligence-based energy management software learns operational habits and optimizes building energy efficiency and consumption, offering payback periods to customers of less than two years.
4. Cambrios Technologies (Positive) – Cambrios develops silver nanowire-based transparent conductive films to replace indium tin oxide, particularly for touchscreen applications. Along with partners Nissha Printing and Synaptics, it released its first commercial product in the Huawei Ascend.
5. Oxford Pharmascience (Positive) – The ability to manipulate properties such as taste and viscosity to improve oral delivery of medicine makes Oxford Pharmascience appealing. Calcium supplements gained the company entry into emerging markets and doubled its revenue in one year.
6. SunPower (Positive) – As the manufacturer of the highest efficiency crystalline silicon modules on the market at 21% efficiency, SunPower has strong strategic partners and a multi-gigawatt project pipeline in the high profit margin regions of the Americas and Asia.
7. Efficient Power Conversion (Positive) – This fab-less manufacturer of gallium nitride (GaN) power electronics devices is already offering products in the 40 V to 200 V range, and is well positioned to expand its offering to 600 V applications, taking advantage of GaN’s improved efficiency over today’s silicon-based devices.
8. Enviro Voraxial (Positive) – The company sells high efficiency, low footprint oil-water separators especially suitable for the offshore market, and quadrupled its revenues in 2012.
9. Itaconix (Positive) – With a low-capex, low-opex process expanding to 5,000 MT/year to produce itaconic acid polymers for chemical intermediates, binders, and super-absorbents, Itaconix is one of the few bio-based chemical companies we expect to run in the black in 2013.
10. Desso (Positive) – This developer of carpet for residential, office, and hospitality sectors and artificial grass for sports stadiums uses "cradle-to-cradle" principles, making its products biodegradable and recyclable, while offering functionality like capture and retention of allergens and enhanced sound insulation.