Skip Technologies, a Portland-based company, is focused on developing a unique liquid battery for large-scale stationary energy storage ranging from 4 to over 100 hours. Recently, the company received an investment from Puyallup Tribal Enterprises, although the exact amount of the deal was not disclosed. This investment will be used to expand operations and further develop the innovative battery technology.
Under CEO Brennan Gantner’s leadership, Skip Technologies has created a new type of battery that utilizes bromine and hydrogen instead of traditional lithium. The design is innovative in that it has no moving parts and is fully recyclable. By using cost-effective and relatively safe bromine, along with allowing hydrogen to evaporate in case of leakage, the battery demonstrates an environmentally conscious approach.
Gantner expressed excitement about the partnership with Puyallup Tribal Enterprises in a statement regarding the investment. He emphasized their shared vision of protecting and preserving the environment, creating high-quality local jobs, and establishing a successful domestic manufacturing business. Gantner noted that having Puyallup Tribal Enterprises as a lead financial investor was an honor and looked forward to utilizing their manufacturing capacity.
Overall, Skip Technologies is poised for growth and further development of their liquid battery technology with the support of their recent investment.
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/SF27AA5IMRAVXGTEST4DMGSXAI.jpg)
