May 21, 2022

Botu Linum

The Car & Automotive Devotees

SOLAR INTERMODAL CORP. Chosen for Newchip’s Seed-Stage Global Accelerator Program

3 min read

ROSELAND, N.J.–(BUSINESS WIRE)–SOLAR INTERMODAL CORP. specializes in placement of solar panels in untenable places, including intermodal systems. Its mission is to facilitate the transitional economy from carbon-based fuels to the “new climate economy” through the simple implementation of zero-emission technologies in industrial and commercial applications to reduce fuel costs.

SOLAR INTERMODAL CORP. was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,000 founders from 35 countries raise over $300 million in funding.

“Newchip evaluates a vast and diverse number of companies from across the globe, selecting only a small percentage to be part of our Seed Accelerator program,” says Armando Vera Carvajal, Vice President of Product at Newchip. “This careful vetting process of both the business model and founder makes us an ideal partner for VC investors and stakeholders in early-stage startup financings who are looking for promising startups. Renewable energy infrastructure companies like SOLAR INTERMODAL CORP. can scale quickly with proper funding and guidance. We believe they will do well at Newchip.”

About Solar Intermodal

Launched in 2021, SOLAR INTERMODAL CORP. raised founder’s equity, filed patents, applied for a grant from NSF / SBIR, and is qualified under Reg A+ for a $5mm common equity offering, please read circular at https://invest.solarintermodal.com/

Being part of the Newchip Accelerator, we are looking forward to building the full scale prototypes, as requested by two customers, says Robert Anderson CEO, a testament to both interest and practical functionality.

About Newchip

Newchip is an online, global startup accelerator, led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has helped over 1,000 founders from 35+ countries raise over $300 million in funding. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between. To learn more visit https://launch.newchip.com/.

Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements, which involve assumptions and describe our future plans, strategies and expectations, are generally identifiable by use of the words “may,” “should,” “would,” “will,” “could,” “scheduled,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “seek” or “project” or the negative of these words or other variations on these words or comparable terminology. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances, and may not be realized because they are based upon the Company’s current projections, plans, objectives, beliefs, expectations, estimates, and assumptions, and are subject to several risks and uncertainties and other influences, many of which the Company has no control.

Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Securities offered through Dalmore Group, LLC, registered broker dealer of record, member of FINRA (www.finra.org), member of SIPC (www.sipc.org).

https://www.businesswire.com/news/home/20211110006410/en/SOLAR-INTERMODAL-CORP.-Chosen-for-Newchip%E2%80%99s-Seed-Stage-Global-Accelerator-Program