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June 21, 2021

2021 Family Business Awards: Dr. Giri Agrawal, R&D Dynamics Corporation

PHOTO | CONTRIBUTED Dr. Giri Agrawal (back row, second from left) with his family.
Return to HBJ's 2021 Family Business Awards landing page
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Category: Lifetime Achievement Award

R&D Dynamics Corporation developed foil-bearing supported systems used by all 40,000 aircraft flying today. R&D Dynamics, using aerospace technology, designs, manufactures and markets various clean-energy systems, which helps the environment, creates jobs and improves the economy.

Tell us a bit about your recent accomplishments.

The company recently developed a renewable energy high-technology product that converts waste heat into useful electricity. It is being commercialized to improve energy efficiency of fuel cell power plants and convert other waste heat into useful electricity. R&D Dynamics is working with the automotive industry to supply thousands of energy-efficient compressors for future fuel cell automobiles. Recently, it entered the hydrogen energy market to enable liquefaction of hydrogen required for fuel cells and other clean-energy systems.

Where do you see your business in the next five years?

We are growing our business in Connecticut, even with the high energy costs and difficult state policies to support small businesses. We wish to grow to become a $100-million company in the next five years and have all the necessary products to make that happen.

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