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Ore Energy exits stealth mode unveils battery based on only iron, water and air
Delft-based Ore Energy, a science startup spun out of TU Delft, announced on Thursday that it has emerged from stealth with €10M funding from Positron
Comprising easily interlocking building blocks, this battery system offers a plug-and-play energy storage solution that can be effortlessly deployed at any location and scale, from MWh to GWh. The company offers pre-seed investments and comprehensive support to teams working on breakthrough innovations in the natural sciences, helping them address significant global challenges from the early stages of their ventures. Joseph Peeraer, founding partner of Positron Ventures, says, “To make renewables abundant, we need much cheaper long-duration energy storage, to cover the issue of intermittency.
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