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Former Tesla exec Drew Baglino’s new startup is rethinking the electrical transformer
Heron Power is raising between $30 million to $50 million for a Series A, according to a report.
Former Tesla executive Drew Baglino has a new startup developing solid-state transformers for the electric grid, Axios reported. In founding Heron Power, Baglino is tackling a part of the electrical grid that hasn’t seen much innovation in over a century. They’re also a lot more compact, can quickly transition from one source of power to another, and can be actively managed, boosting grid stability.
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