CEO and co-founder Daniel Stack spoke with MIT News’s Zach Winn about our breakthrough solution for net-zero industry.
A few highlights from our journey:
- Developed at MIT’s Department of Nuclear Science and Engineering
- Successfully demonstrated our technology can store heat efficiently for hours
- Secured $40M in DOE funding to scale our solution
- Building our first megawatt-scale commercial system, launching in next 7 months
Our vision? To enable industries worldwide to tap into low-cost, clean electricity for their heating needs. With electricity prices becoming increasingly favorable for flexible consumption—negative pricing over 20% of the year in some regions—our Joule Hive Thermal Battery is positioned to compete head-to-head with fossil fuels on price.
Read the full piece here.
