Energy Focus is an industry-leading company that got its start in fiber-optic lighting technology in 1985 under the name Fiberstars Inc. Based out of Solon, Ohio, Fiberstars started working with the US Navy back in 2003 after receiving a $10 million contract to improve the energy efficiency of solar panels on ships.In 2007, Fiberstars Inc. changed its name to Energy Focus Inc. and began trading on NASDAQ as EFOI. At the time, Energy Focus’ EFO fiber-optic lighting systems were used in retail stores, commercial buildings, and pools and spas and used up to 80 percent less energy than conventional lights, however, the future of energy-efficient lighting was in LEDs.
|Bank Name||Energy Focus, Inc.|
|Chairman||Dr. Theodore L. Tewksbury III|
|CEO||Dr. Theodore L. Tewksbury III|