Cofounded by current CEO Marc Fenigstein '01 Th'04, "Alta Motors has yet to become a household name, but it has secured backing from some of the most innovative minds in battery tech: Martin Eberhard and Marc Tarpenning, two of the original cofounders of Tesla before Elon Musk became CEO in 2008," writes Business Insider.

"...The Alta Pack is a high-density battery that's smaller and lighter than others on the market, but it doesn't compromise on power. Fenigstein has said the battery is five years ahead of the curve in terms of range and power.

"'We've advanced transportation battery technology I think more significantly than anyone since Tesla,' Fenigstein said."

"The startup has been working on lightweight, electric motorcycles since it was founded in stealth mode in 2010. But Alta Motors plans to eventually sell its proprietary battery pack and drivetrain to other companies working on lightweight vehicles and delivery drones, cofounder and CEO Marc Fenigstein told Business Insider."