Manufacturing  September 19, 2019

Lightning Systems CEO expects company to hit $50M in revenue by 2021

LOVELAND  — Lightning Systems CEO Tim Reeser believes his company can more than quintuple its revenue over the next two years as states offer grants to electrify commercial fleet vehicles and its scale increases.

Lightning Systems CEO Tim Reeser presents at the company’s Lightning Day. Dan Mika/BizWest

Speaking to BizWest during the company’s annual Lightning Day event Thursday, Reeser said the company is currently able to electrify seven Ford and General Motors vans and trucks, along with city buses. It recently hired 14 new staffers to reach about 60 people in…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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