Enevate’s Dr. Benjamin Park Receives 2016 Innovator of the Year Award

The Orange County Business Journal named Dr. Benjamin Park, founder and chief technology officer of Enevate Corporation, as a 2016 Innovator of the Year. The Innovator of the Year Awards recognize and celebrate individuals and their organizations who are creating game-changing products and services, and who demonstrate brilliance and leadership in innovation.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160929005163/en/

Dr. Benjamin Park, Enevate Corporation's founder and Chief Technology Officer (Photo: Business Wire)

“Dr. Park’s contributions are especially notable as silicon anode technology rises in prominence in the lithium-ion (Li-ion) battery industry,” said Robert A. Rango, CEO of Enevate. “He pioneered the work in silicon anodes when he recognized the promise of the technology and the impact a better battery could have on the world.”

Dr. Park founded Enevate in 2005 and now, as CTO, leads its battery research and development efforts. In addition to his significant academic achievements and many contributions to engineering research, Dr. Park has successfully helped raise some $60 million from venture capital and strategic corporate investors.

Not only is he the driving force behind Enevate’s innovative silicon-dominant batteries, Dr. Park’s unique technology represents a monumental advancement in energy density and ultrafast charging that hasn’t been seen in commercialized batteries to date. Where other battery innovations have historically required significant and expensive changes in the manufacturing process, Dr. Park’s battery design can be cost effectively produced within the existing lithium-ion (Li-ion) manufacturing process.

“Ben Park has distinguished himself by creating a company that has great promise in a huge industry,” says Orange County Business Journal Publisher and CEO Richard Reisman. “Its credibility is validated by recruiting a seasoned tech executive to serve as CEO. It also delights me that even when great OC companies get acquired, we have companies like Enevate that avail themselves of the available talent.”

“It is my pleasure to accept this award from the esteemed Orange County Business Journal,” says Dr. Park. “I enjoy working with an exceptional team at Enevate which is supported by the dynamic greater Orange County ecosystem. I'm truly honored to be included within this group of recognized innovators.”

Dr. Park joins a prestigious group of 2016 Orange County Business Journal Innovator of the Year award winners, including Dr. Mitchell Brin, SVP/Global Drug Development & Chief Scientific Officer for BOTOX® at Allergan; Aaron Elliott, CEO of Ambry Genetics; Stuart McClure, CEO/Co-Founder of Cylance Inc.; and Annette Walker, Division President of Providence St. Joseph Health.

About Enevate

Enevate Corporation is an advanced rechargeable energy storage company focused on next generation mobile devices and drones with global headquarters in Irvine, CA. Enevate’s batteries, with its breakthrough HD-Energy Technology, delivers significant performance improvement over conventional Li-ion batteries. Investors include Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, and CEC Capital.

About the Orange County Business Journal

The Orange County Business Journal is the weekly read that connects the Orange County business community. This is where the community doers in the most vibrant slice of the Southern California economy keep tabs on each other. With one of the highest circulations of all the Business Journals in the country, it continues to grow as a highly impactful and influential publication. More information on the Orange County Business Journal can be found at www.ocbj.com, or by calling 949-833-8373.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160929005163/en/