Skip Technologies, a Portland-based company, is working on developing a new Liquid battery for large stationary energy storage that can last 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.
With the newly acquired funds, Skip Technologies plans to expand its operations and continue its development efforts. The company, led by CEO Brennan Gantner, has created a unique battery that utilizes bromine and hydrogen instead of the typical lithium. This innovative design eliminates the need for moving parts and is fully recyclable. By using bromine and allowing hydrogen to evaporate in the case of a leak, the battery demonstrates an environmentally friendly approach.
Brennan Gantner expressed his excitement about the new partnership, mentioning that both companies share a commitment to protecting the environment and creating local job opportunities in domestic manufacturing. He sees Puyallup Tribal Enterprises as a valuable financial investor and looks forward to leveraging their manufacturing capabilities for the benefit of Skip Technologies.
Puyallup Tribal Enterprises has been committed to investing in companies that align with their values of sustainability and job creation. With Skip Technologies’ innovative solution for large-scale energy storage, they believe they can make a significant impact on reducing carbon emissions while also supporting local businesses.
Skip Technologies is confident that this new partnership will help them bring their groundbreaking technology to market faster and more efficiently. They are excited about the potential for this technology to revolutionize the energy storage industry and contribute to a more sustainable future.
In summary, Skip Technologies has received an investment from Puyallup Tribal Enterprises to develop a new Liquid battery for large stationary energy storage. This unique design eliminates moving parts and is fully recyclable while demonstrating an environmentally friendly approach. The partnership aims to reduce carbon emissions while also supporting local businesses in domestic manufacturing.
