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Form Energy Stock (FOEN)
Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration.
About Form Energy Stock
Founded
2017
Headquarters
Somerville, MA, US
Industries
Software, Artificial Intelligence, Data and Analytics
Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration. It aims to make batteries that can dispatch energy for days, expanding the ability to supply electricity generated from wind and solar power to the grid. The company's technology transforms the electric grid by making renewable energy dispatchable year-round, as well as extending transmission capacity without building new wires, and replacing the need for conventional thermal generation. Its core technology was invented at MIT and is supported by investors which include Breakthrough Energy Ventures, MIT’s The Engine, Macquarie Capital, Eni Next, Capricorn Investment Group, and Prelude Ventures. Their team members are active learners who like working on tough technology problems that can only be solved with a combination of scientific innovation and hard work. Co-founders Marco Ferrara, Mateo Jaramillo, Yet-Ming Chiang, William Woodford, and Ted Wiley headquartered the company in Somerville, Massachusetts in 2017.
Form Energy Press Mentions
Stay in the know about the latest news on Form Energy
Mass. tweaks tax breaks to better woo startups
bizjournals • Apr 15, 2025
PacifiCorp looks to add 3,073MW of multi-day duration iron-air battery storage in 2025 IRP
energy-storage • Apr 10, 2025
Will President Trump clobber the climate tech sector in Massachusetts?
masslive • Apr 02, 2025
Electrolyte management for electrochemical power storage
patents • Apr 02, 2025
Carbon dioxide removal for electrochemical power storage
patents • Apr 02, 2025
Investors in Form Energy
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Form Energy Management
Leadership team at Form Energy
President, COO, & Co-Founder
Ted Wiley
CTO & Co-Founder
William Woodford

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