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Ambri Inc.

STEX25
Active dates:

June 1, 2017 - June 1, 2017
STEX25
View Feature
STEX25 Participation:
June 1, 2017 - May 31, 2018
Company information
Contact

53 Brigham Street, Unit 8
Marlborough, MA 01752
United States

http://www.ambri.com/
Elevator Pitch

Elevator Pitch

Ambri is commercializing an innovative electricity storage technology known as the Liquid Metal Battery (LMB) for use in grid-scale applications. The LMB was invented at MIT by Professor Sadoway and is unique from all other energy storage technologies: low-cost, operationally flexible, long-lifespan and safe. Ambri's LMB will enable a more efficient and reliable electricity system -- by integrating renewables, offsetting traditional infrastructure investments and reducing demand.
Description

Description

Ambri (formerly Liquid Metal Battery Corporation) is commercializing an innovative grid-scale energy storage technology -- the Liquid Metal Battery (LMB) -- that was developed at MIT in the lab of Professor Donald Sadoway. The LMB technology was inspired by the concept of reversing large-scale electrometallurgical processes that consume huge quantities of electricity (i.e., aluminum smelting). Applying the principles of large-scale electrometallurgy has enabled Ambri to create a low-cost, long-lifespan and safe storage solution. Research at MIT was funded by grants from the Department of Energy’s ARPA-E program, Total and other sources. To date, Ambri has raised more than $50 million in equity financing; Ambri’s investors include Khosla Ventures, Bill Gates, Total, KLP Enterprises and the Swiss insurance company, GVB. Ambri’s storage technology is unlike anything that exists in today’s market.