NETenergy is a thermal energy storage (TES) company known for its thermal battery that stores cold energy which can save building owners 30% or more on their energy usage and reduce carbon emission by 50%. Named Black Ice technology, this battery creation, works like an electrical battery, but is an intelligent energy storage solution. Founders Said Al-Hallaj and Mike Pintar, MBA ’16, developed the company to address the problem with on-peak energy consumption. With this in mind, the team competed in the 2015 Edward L. Kaplan, ’71, New Venture Challenge (NVC) and finished in second place bringing home $40,000, which included the inagual Khosa Maker Award. In addition, NETenergy is a former Polsky Exchange Incubator company. Follow NETenergy on LinkedIn and see how they are heating up the thermal energy game.


  • Founded by Said Al-Hallaj and Mike Pintar, MBA ’16
  • 2nd place at the 2015 NVC (including the inaugural Khosa Maker Award)
  • Headquartered in Chicago

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