Skip Technologies, a Portland-based company, is developing a new Liquid battery for large stationary energy storage that can last from 4 to over 100 hours. The company recently 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 is led by CEO Brennan Gantner, who 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 with Puyallup Tribal Enterprises. He mentioned 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 recognized Skip Technologies’ innovative approach to energy storage and saw potential in investing in the company’s growth. They are confident that this investment will lead to advancements in sustainable energy solutions and contribute positively to their community’s economic development.
In summary, Skip Technologies is working on developing a new Liquid battery for large stationary energy storage that can last from 4 to over 100 hours. With an investment from Puyallup Tribal Enterprises, the company plans to expand its operations and continue its development efforts while demonstrating an environmentally friendly approach through its unique battery design.
