commercial banks

“The default rate on those loans is about three percent, which is in line with a commercial bank, yet the DOE is required by statute to take innovative technology risk.”

“When they see that a new sector like batteries is, Is poised for double digit annual growth. They don't want to see all that business go to their rivals. They want to make sure they get on the ground floor too. So there's kind of a chicken and egg thing where …”