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Aquion Energy
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Producer of clean sustainable saltwater batteries that outlive and outperform traditional batteries. The Aqueous Hybrid Ion technology yields high-performance, safe, affordable energy storage in long-duration, stationary applications.

Founded in 2007
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Pittsburgh, PA Pittsburgh, United States
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Updated by Paul Ruggiero at Aquion Energy on 07/16/2015

Edited by Cleantech Group on 03/01/2022

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  • 1 M&A items
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Date Company
06/30/2015

YE Clean Power Limited YE Clean Power Limited

Confirmed by YE Clean Power Limited

Partnerships
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Date Partner Type
04/09/2015
Ideal Power Ideal Power
Ideal Power's PCS underwent testing and validation in Aquion Energy's labs to verify the compatibility of the two companies' products under typical operating conditions. The results demonstrated that Ideal Power's PCS is an excellent fit for Aquion Energy's battery products, delivering exceptional efficiency and reliability.
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Confirmed by Ideal Power
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Investment Rounds
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IPO INFORMATION

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Exchange listed

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Description

Date Investors Type Amount
04/27/2016 (0)
Post-money valuation of
Participators in this round have not been announced, but the target for the round is $60 million.
Growth Equity $33,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

S20-P Battery Stack

Modular building block for clean, stationary, long-duration energy storage systems. Specs: 2.3 kWh, 47.3 Ah, 118 kg (260 lbs), 935 mm (36.8") H x 330 mm (13.0") W x 310 mm (12.2") D. Cradle-to-Cradle Certified(TM) Bronze product.

Wide Commercial Availability Products - Retail
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