Empact Technologies provides an AI‑native compliance platform, NexusIQ™, that automates Foreign Entity of Concern (FEOC) testing, prevailing‑wage, apprenticeship, and domestic‑content verification for clean‑energy projects. By handling supplier outreach, audit‑ready documentation, and real‑time regulatory updates, the solution reduces transaction risk and eliminates manual compliance burdens, helping developers maximize tax‑credit returns.
Funding
Funding not disclosed
Founders
Product
Problem
Developers of clean‑energy projects must navigate complex compliance requirements—including Foreign Entity of Concern (FEOC) tests, prevailing‑wage, apprenticeship, domestic‑content, and Section 48E rules—where a single failure can eliminate tax‑credit eligibility and increase transaction risk.
Solution
Empact Technologies delivers NexusIQ™, an AI‑native platform that automates the three FEOC tests (ownership, effective control, material assistance) from supplier outreach through audit‑ready documentation. The system continuously monitors evolving Section 48E regulations and tracks prevailing‑wage, apprenticeship, and domestic‑content criteria at the component level. By centralizing data, generating real‑time compliance reports, and providing pre‑close diligence tools, NexusIQ reduces manual effort, lowers audit exposure, and helps developers maximize clean‑energy tax‑credit returns.
Target Audience
Primary customers are clean‑energy project developers, financiers, and their supply‑chain partners who need end‑to‑end compliance and risk management for federal and state tax‑credit programs.
Features
- AI‑driven workflow that automates FEOC ownership, control, and material assistance testing with supplier outreach and document collection
- Real‑time tracking of Section 48E rule changes to keep project documentation aligned with current regulations
- Integrated prevailing‑wage and apprenticeship compliance management for all contractors and subcontractors, supporting the 5× multiplier
- Component‑level verification of US‑sourced steel, iron, and manufactured products to capture full domestic‑content adders
- Automated beginning‑of‑construction (BOC) certification and state‑specific compliance tracking
- Dashboard with issue tracking, bulk upload, report templates, and audit‑ready export capabilities