We've been around since 2011, but mainly doing development and testing. The project started off as a way to brew lagers in a small hot apartment in Atlanta, GA, but grew into something far more substantial over the next two years. I've brewed around 30 batches of beer with it, and beer quality from temperature stability alone astounded me.
Chest freezers are nice if you're fermenting a barrel or serving and lagering at the same time. The LagerJacket however doesn't use compressors, glycol, pumps, etc, so you don't get the constant on-off-on-off causing mechanical wear and large temp swings. Since it's all TEC based, we can modulate the power so you get a precise temp at 1/4 to 1/8 the wattage. Certainly not for everyone, but I'm excited about opening up the world of lagers for my fellow apartment dwellers, or even a way to get more fermentation stability for commercial brewers doing pilot batches.