Ambri's Battery Storage Technology is Heating Up
A new company is coming in hot with their energy storage technology, dependent on 900 degree Fahrenheit molten metals. Ambri has developed a battery storage system that is relatively simple, developing reliable power and displaying rechargeable capabilities. This “hot” ticket item has caught the attention of some major, noteworthy investors including Bill Gates, Total, a French energy company, and at least three other large investors. So far, Ambri has received $50 million in investments for their research, development, and manufacturing. These investments are supplementing a grant from the Massachusetts’s Clean Energy Center awarded to the company to assist with maintaining operations and development.