Boston Metal awarded as Technology Pioneer by World Economic Forum

  • The World Economic Forum announced its selection of 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more.
  • Many Technology Pioneers are also using their tech to support COVID-19 responses around the world.
  • Boston Metal, which is developing a process to electrify primary steel production, made it to the selection for its contributions in the field of metals.
  • The full list of recognized Technology Pioneers can be viewed here.

Boston, USA, 16 June, 2020 – Boston Metal, the Boston-based American company that is enabling emissions-free steel, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”.  Boston Metal is focused on providing the steel industry with a low-cost, modular, and emission-free solution for high-volume steel production.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.

Following its selection as Technology Pioneer, CEO Tadeu Carneiro of Boston Metal will be invited to participate at World Economic Forum activities, events and discussions throughout the year. Boston Metal will also contribute to Forum initiatives over the next two years, working with policymakers and private sector leaders to help define the global agenda on key issues.

“We’re excited to welcome Boston Metal to our 20th cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “Boston Metal and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world.”

“It’s great to be acknowledged as pioneer by the World Economic Forum”, said Boston Metal’s Tadeu Carneiro. “Today steel production is responsible for almost 10% of global GHG emissions. Boston Metal is enabling a future where steel production emits only oxygen.”

This year’s cohort selection marks the 20th anniversary of the Tech Pioneers community. Throughout its 20-year run, many Technology Pioneers have continuously contributed to advancement in their industries while some have even gone on to become household names. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

2020 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The diversity of these companies extends to their leadership as well, as over 25% of 2020 Tech Pioneers are female led. The firms also come from regions all around the world, extending their community far beyond Silicon Valley. The full list of Technology Pioneers can be found here.

Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers20

More information on past winners, information on the community and the application link can be found here.

About Boston Metal

Boston Metal is a global metals technology solutions company that is commercializing molten oxide electrolysis (MOE), a low-cost, modular, and emission-free solution for high-volume steel production. Boston Metal works closely with customers to tailor the MOE technology for specific alloys, feedstocks, and business needs.

About World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

About the Global Innovators

The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Economic Forum provides the Global Innovators Community with a platform to engage with public- and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues.

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