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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
Energy, Sustainability
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
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globenewswire • Mar 12, 2025
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globenewswire • Mar 06, 2025
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bostonglobe • Mar 01, 2025
NIH cuts could devastate entire Mass. economy, Healey warns
bizjournals • Feb 26, 2025
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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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