Energy Vault

Energy Vault

Lugano, Ticino, Switzerland

Team size: 51 - 200

Sector: Energy

About Energy Vault

Founders: Andrea Pedretti, Robert Piconi, William T Gross

Founded date: 2017

Company revenue: US$ 100 - 500 million

Investors: Cemex Ventures, Palantir Technologies, Prime Movers Lab, SoftBank Vision Fund, True Capital Management

Company stage: IPO

Energy Vault SA offers an energy storage technology utilizing fundamental principles of science to deliver a storage solution that's as compassionate to the planet as it is efficient to build and operate. The Energy Vault solution utilizes the same fundamentals of physics and kinetic energy as pumped hydro but replaces the water with custom made cylindrical blocks utilizing an extremely innovative use of low-cost materials. The system is modular and can be designed with a capacity of between 10 and 35MWh and a power output of up to 5MW. The system has been designed for a 30+ year life with no degradation in storage capacity.

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16 jobs at Energy Vault

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