Fireaway Inc. was founded in 2005 and is headquartered in Minnetonka, MN, USA, and we manufacture a range of environmentally friendly aerosol fire suppression solutions.
Fireaway designs and manufactures the Stat-X branded product line.
We are a privately owned company headed by Lance D. Harry, P.E., CEO and president, who joined in 2018.
I joined Fireaway at the beginning of October 2023 as the Executive Vice President of Global Sales.
The market has changed over the years, the phase-down of Halon in the late 1980’s because of environmental issues and the signing of the Montreal protocol brought forward a range of new fire suppression solutions, inert gases and chemical clean agents.
The addition of aerosols to the EPA SNAP listing a few years later meant that companies started to look more seriously at aerosol fire suppression as a viable environmentally friendly alternative.
Listing and approvals all followed, as well as global set of standards such as UL 2775, Fireaway has always been at the forefront of gaining a range global listing and approvals for all the various vertical sectors we work in.
A good example of that is our addition of the United States Coastguard (USCG) certificate of approval (COA) for our pre-engineered marine fire suppression solutions.
As we move forward some further important milestones took place, the signing of the Gigli Act in 2016, the AIM Act signed in the USA in 2020 restricting the use of HFC’s and then more recently the announcement surrounding the concerns of PFAS in these chemical agents which resulted in 3M exiting the suppression market.
All of these issues have created a gap in the market for a cost-effective, environmentally friendly fire suppression solution and the wider adoption of aerosols technology has meant an increase in market share.
Less maintenance, 15-year service life, less economic impact, less footprint, environmentally friendly with zero Ozone Depletion Potential (ODP), zero Global Warming Potential (GWP), and zero Atmospheric Lifetime (ALT).
We work across several different verticals, however the ESS and BESS market, and renewable energy market including wind turbine protection accounts for a large segment of our business.
We have seen huge growth in other applications such as marine, CNC machine protection, transportation, and electrical cabinet and room protection.
In a widely changing market and with the adoption of aerosol technology globally, Fireaway Inc.
is seen as the global leader for innovation, so we intend to continue that path of growing our product range of sustainable fire suppression solutions with the introduction of new solutions that meet specific industry requirements.
Learn more about our application at: www.statx.com
